Amazon at Multi-Year Low Valuation; Bath & Body Works Leverages Platform
Bath & Body Works CEO Daniel Heaf says the retailer will rely on Amazon's e-commerce platform to expand its turnaround reach. Amazon trades at historically low valuations while cloud revenue accelerates; Prime Video won NBA Play-In rights and Sportradar partnered with Brazil’s LNB.
1. Bath & Body Works Leverages Amazon Platform
Bath & Body Works CEO Daniel Heaf said the company will integrate with Amazon’s e-commerce infrastructure to reach more customers as part of its turnaround efforts.
2. Amazon Valuation and Cloud Growth
Amazon’s stock is trading at multi-year low valuation levels while AWS cloud revenue continues to accelerate, bolstering operating leverage in its core e-commerce business.
3. Prime Video NBA Deal and Sportradar Expansion
Prime Video secured exclusive coverage rights for the NBA Play-In Tournament, and Sportradar signed a partnership with Brazil’s top basketball league LNB to provide fan engagement tools and tech infrastructure.