Amazon mulls local launch; could snatch $4bn of local sales
Amazon has been tipped to officially launch in Australia, with analysts already reporting that the retail giant could take some $4 billion in sales if it were to dive into this market.
The Daily Mail is reporting that Citi analysts have predicted Amazon is primed and ready to launch in Australia with the business predicted to snatch 44% of Australian’s electronic market. This would dramatically effect businesses such as Harvey Norman and JB Hi-Fi
Other sectors that need to prep themselves for a potential Amazon arrival are said to be clothing, books, sports goods, toys, shoes, car parts and office supplies.
Disney tipped to throw its hat in the ring for Twitter
Tech Crunch has confirmed that Disney is in talks with banks about making a bid for social offering Twitter. Disney is just the latest to join a long list of potential buyers for Twitter with Salesforce, Google, Microsoft, Verizon all said to be lining up to make an offer.
Twitter currently has a market cap of USD$20 billion, with bids said to be in USD$30bn range. Due to the whispers, Twitter's market cap has risen some USD$7bn in a week.
News.com.au tops Nielsen rankings; The Age and Guardian slip
News Corp's News.com.au has again topped the Nielsen digital rankings with a unique audience of 6.1 million in August 2016, despite a slight decline of 2.3% compared to the previous month.
News.com.au is followed by Fairfax rival smh.com.au, with the Fairfax-owned site gaining a unique audience of 5.2 million for the month of August. ABC News returned to third place – normalising off the back of a record-breaking previous month due to the election – with a unique audience of 4.7 million (-27.3%).
Nine.com.au and Daily Mail Australia remained in 4th and 5th positions. Yahoo7 news, BBC and Herald Sun moved higher, to 6th, 7th and 8th positions and The Guardian and the Age both fell in the rankings to 9th and 10th place respectively.
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