Amazon

Amazon
Prime Day Glitches Forced Amazon To Halt X-Border Sales
July 20, 2018

Amazon didn’t have enough servers to handle the demand on Prime Day, prompting it to run a front page that was scaled back. CNBC, citing internal documents it obtained, reported that it was forced to temporarily shutdown international access to the site. The internal documents also...

Amazon
Amazon Grocery Sales Surge 40 Pct In 2Q
July 20, 2018

New data shows that Amazon second-quarter grocery sales came in at $650 million, up 40 percent year over year. The report, released by One Click Retail, also revealed that the eCommerce giant held 18 percent of U.S. online grocery sales since 2017, the largest share...

Amazon
Fresh Opening For eBay Comes Amid Amazon Woes
July 19, 2018

Thanks to Amazon and sales tax, eBay is reportedly enjoying a fresh opening in Australia. Amazon launched a local website in that country in December, followed by the introduction of faster product deliveries via the eCommerce operator’s Prime loyalty program. But Amazon offers “a product...

Amazon
Wedbush Estimates Amazon Brought In $4.2B In Prime Day Sales
July 19, 2018

Amazon raked in $4.2 billion from shoppers during this year’s Prime Day event, which is an increase of 33 percent from last year’s Prime Day. Bloomberg, citing an analysis from Wedbush Securities analyst Michael Pachter, reported that based on company-released information such as that it...

Amazon
Amazon Rivals Cash In On Prime Day
July 19, 2018

Amazon saw its biggest Prime Day in the company’s history, with its larger retailers seeing a 54 percent increase in sales during the event. According to Adobe Analytics data released on Wednesday (July 18), larger retailers — those with over $1 billion in annual revenue — can attribute...

Amazon
Hyundai Partners With Amazon For Digital Showroom
July 19, 2018

Hyundai has announced a partnership with Amazon to create a digital showroom where customers can experience all phases of shopping for a new car. The service is directly offered through Amazon Vehicles, while the new digital showroom can be found at Amazon.com/Hyundai. “The car industry...

Amazon
Amazon Flirts With $900B Market Cap Amid Strong Prime Day Sales
July 18, 2018

Amazon flirted with the $900 billion market cap club Wednesday (July 18) after completing a successful Prime Day shopping event. In a press release, the eCommerce giant said sales for this year’s Prime Day surpassed Cyber Monday, Black Friday and the Prime Day 2017 in...

Amazon
Machine Learning Gets Its Day At Amazon Conference
July 18, 2018

Machine learning was one of the main subjects on Tuesday (July 17) during the Amazon AWS Summit in New York City, as the eCommerce operator rolled out new cloud-based features related to commerce and payments. The announcements from Amazon Web Services (AWS) come at a time...

Amazon
Amazon Prime Day Sales Up 89 Pct From 2017
July 17, 2018

Despite glitches in the early hours of Prime Day 2018, Amazon’s Prime Day sales event appears to be off to a strong start. Yahoo News, citing Feedvisor, reported spending during the first 12 hours of the 36-hour long event increased by 89 percent when compared...