Tag: Amazon

Announcement of guidance for 2026. Strong performance in 2025 leads to distribution of DKK 2.4 billion

Profit for 2025 exceeds financial targets Insurance revenue for 2025 was DKK 11.8 billion. The insurance service result came to DKK 1.91 billion, thereby exceeding the financial target set at the beginning of the past strategy period of an insurance service result of DKK 1.85 billion for 2025. The combined ratio totalled 83.7. The investment result for the year was DKK 0.34 billion,...

Plaid Announces the Appointment of Shawn Babcock as Chief Operating Officer

VANCOUVER, British Columbia, Jan. 21, 2026 (GLOBE NEWSWIRE) -- Plaid Technologies Inc. (CSE: STIF) (OTC: STIFF) (FRA: 5QX0) (“Plaid” or the “Company”) today announces the appointment of Shawn Babcock as Chief Operating Officer, effective January 20, 2026. Mr. Babcock has more than nine years of senior executive leadership experience and a proven track record of commercializing innovative technologies across emerging industrial...
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BIS Cracks Down on Non-Certified Products in E-Commerce Warehouses

The Bureau of Indian Standards  (BIS) has intensified its crackdown on non-certified products. Recent raids targeted Amazon and Flipkart warehouses in multiple cities. Authorities...

Amazon India’s Consumer Electronics Head Ranjit Babu Resigns

Amazon India’s Consumer Electronics Head Ranjit Babu resigns amid restructuring. His departure follows recent leadership exits at Amazon.

Amazon India To Relocate Headquarters as Part of Cost-Cutting Strategy

Amazon India is reportedly relocating its headquarters from the iconic World Trade Centre in Bengaluru to a new office closer to Kempegowda International Airport....

Amazon to Acquire MX Player from Times Internet for Over $100 Mn

After months of speculation and delays, Amazon, the US-based ecommerce giant, is reportedly in the final stages of acquiring MX Player, a video streaming...
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