Despite Amazon’s investment in its grocery offerings, and despite shoppers’ shift towards spending on just the essentials, the majority of the online marketplace’s shoppers still do not see it as a food and beverage destination. By the Numbers PYMNTS’ recent “Prime Day 2022: Inflation Hits...
Grubhub’s Amazon bet appears to be paying off. Last month, Grubhub’s parent, Just Eat Takeaway, announced that it had an agreement with Amazon that lets the retailer’s U.S. Amazon Prime customers order from Grubhub without a fee for a year to boost new customers. In...
Starting with “a select number of small businesses that sell on Amazon.com” the eCommerce giant is piloting a financial tool designed to help sellers convert, manage and disburse funds from their seller accounts more easily — and better facilitate cross-border commerce. The company will roll...
Retail behemoth Amazon is expanding its healthcare offerings with the acquisition of tech-powered primary care provider One Medical, according to the company Thursday (July 21). Amazon will acquire One Medical for $18 per share in an all-cash transaction valued at about $3.9 billion, including One Medical’s...
Amazon filed a lawsuit against more than 10,000 Facebook group administrators for allegedly brokering fake reviews, including one called “Amazon Product Review,” which had more than 43,000 members. “Today’s legal action is the latest step by Amazon aimed at stopping fraudsters who attempt to post...
Amazon’s U.K. grocery business will match prices on hundreds of everyday items to those offered by rival Tesco, the country’s largest supermarket chain. According to a Bloomberg report Sunday (July 17), produce, meat and fish are among the categories that Amazon will price match. The...
Amazon will be one of the 10 largest private sector employers in the U.K. when it adds more than 4,000 new permanent roles across the region by the end of this year, putting its total headcount in the area at about 75,000, according to a...
Amazon could be getting out of the private label business, which only account for about 1% of its retail sales, and has been reducing the number of products it sells under its own labels. The eCommerce and technology giant is considering the move partly because...
Proclaiming “this year’s event the biggest Prime Day event in Amazon’s history,” Amazon said the first of this year’s two Prime Day events saw over 300 million items sold worldwide, and Prime members saved more than $1.7 billion in the two-day sales frenzy. Whether it’s...
