Amazon makes a move on UK car websites:<\/strong> Elisabeth Behrmann and Richard Weiss at Bloomberg<\/a> report that Amazon is set to sell vehicles in the UK unnerving shareholders of the region\u2019s biggest auto websites. Britain\u2019s Auto Trader Group Plc fell to a two-month low following a report that Amazon plans to expand its cars offering in Europe beyond a current test run in Italy. The US retailing giant, which already sells vehicles in its home market, is seeking to fill a gap as traditional dealerships lose appeal. Continue reading\u2026<\/a><\/p>\n Amazon will be the first company worth $1 trillion:<\/strong> Eric Johnson<\/a> at Recode<\/a> reports that New York University professor Scott Galloway predicts that Amazon could multiply what Prime households spend today, from $1,300 a year to $7,000 or more and that it would beat Apple and Google to become the first company with a $1 trillion market cap. Continue reading…<\/a><\/p>\n Alibaba grows close to 50% year-on-year:<\/strong> Chris Dawson<\/a> at Tamebay<\/a> reports that Alibaba is expecting close to 50% growth this fiscal year. They have half a billion customers around the world and close to 10 million small business transacting on their platforms every day. Expectations of 45% to 49% growth topped analysts forecasts and puts Amazon growth to shame. Last year, Alibaba grew 56% but that included the acquisitions of South-East Asian marketplace Lazada and video-streaming site Youku. Continue reading\u2026<\/a><\/p>\n Amazon launches Prime Reload, offering 2% back on purchases funded through debit cards:<\/strong> Sarah Perez<\/a> at TechCrunch<\/a> reports that Amazon is launching a new perk for Prime members called Amazon Prime Reload. Through a new rewards program, Prime members can receive 2% back on purchases when they first load funds into their Amazon Balance using a debit card attached to their bank\u2019s checking account. Its aim is to encourage more people to sign up for Prime, the $99 per year membership program. Continue reading…<\/a><\/p>\n IKEA could start selling on Amazon:<\/strong> Dan Wilson<\/a> at Tamebay<\/a> reports that it looks like IKEA wants to branch out and offer its goods on ecommerce platforms like Amazon starting in 2018. This makes a great deal of sense: Amazon and others are accomplished shippers and couriers with huge capacity and expertise. There is merit in plugging into their superior networks. And considering Ikea is in a position to do a deal with the likes of Amazon they can doubtless protect margins. It\u2019s worth noting that Amazon hasn’t confirmed they will be stocking Ikea products anytime in the future. Continue reading…<\/a><\/p>\n It’s nearly the weekend…whoo-hoo!<\/p>\n