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CTech's Weekly Roundup of Israeli Tech News

American e-commerce giant Amazon enters Israeli Market, making an immediate impact on the stocks of Israeli shopping malls

CTech 10:5003.05.19

American e-commerce giant Amazon announced its official entrance into the Israeli market on Monday, inviting Israeli merchants active on its platform “to register to reach customers in Israel.” The announcement had an immediate impact on the stocks Israeli shopping malls, but the company's long-term influence on Israeli consumers and retailers is yet to be seen. Read our take. Why Amazon can have its cake and eat it, too.

Amazon. Photo: Mike Segar Amazon. Photo: Mike Segar


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Israeli tech entrepreneur Avigdor Willenz is looking to do battle against Amazon, Apple, and Google. He sold his chip development company Annapurna Labs to Amazon in 2015 for $370 million, but now thinks there is such a thing as too much power. Read more


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