- Amazon.Com, Inc (NASDAQ:AMZN) stock is trading lower Monday amid reports of Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) YouTube proposing to undercut Amazon’s streaming service charges by up to 10 bps.
- YouTube follows similar moves by Apple Inc (NASDAQ:AAPL) and Roku, Inc (NASDAQ:ROKU) to compete with Amazon, the Information reports.
- Simultaneously, Amazon trailed behind Walmart Inc (NYSE:WMT) in India’s battle for online consumers.
- As per Redseer, Walmart-owned Flipkart has grown more quickly than Amazon in India.
- Redseer flagged Amazon’s significant gap with Flipkart making it difficult for them to bridge it, at least in the short term.
- Price Action: AMZN shares traded lower by 1.23% at $114.81 on the last check Monday.
- Photo via Wikimedia Commons
Beacon Adds Service In Atlantic Canada And Minneapolis Markets
Branches in New Brunswick and Spring Lake Park now open to support building and roofing contractorsBeacon (NASDAQ:BECN), the only publicly traded specialty roofing distributor, announced today that it has opened new
