Amazon is launching its Off-to-College store geared toward college students and all of their shopping needs, be it furnishing a dorm room or purchasing class supplies, Amazon said in a release. The store is available on both desktop and the Amazon app, and Amazon teamed...
To offer “surveillance as a service,” Amazon earned a U.S. patent for an “unmanned aerial vehicle.” It was granted on June 4 after its filing approximately four years ago on June 12, 2015, Quartz reported. An “unmanned aerial vehicle” is drone’s technical terminology, according to...
After rolling out only about two years ago, shopping social network Amazon Spark has reportedly recently left Amazon’s apps and the internet. The feature reportedly aimed to connect the gap between socializing and online shopping, Mashable reported. Through the service, users of Prime could put...
Amazon is going to make a push to revitalize its loan business after a recent slump, according to a report by the Financial Times. The eight-year-old business offers annual loans at interest rates of between 6 and 17 percent, but growth has slowed in the...
New estimates from eMarketer say that Amazon’s share of the U.S. eCommerce market is far below previous projections. According to reports in The Information, eMarketer has lowered its 2019 estimate for Amazon’s share of U.S. online sales to 37.7 percent from its previous estimate of 47 percent. That new figure,...
Amazon is officially the world’s most valuable brand, valued at $315.5 billion, according to a newly-released global ranking. Apple comes in second at $309.5 billion, and Google comes in third at $309 billion. Amazon is up 52 percent from last year, noted a report by CNBC....
Getting to scale is a necessary but difficult hurdle to clear on the road to subscription services success. Customer acquisition and retention are expensive, and churn is endemic. The potential benefits can be great; according to the PYMNTS Subscription Commerce Index, Americans spent $2 billion...
Amazon is linking with Synchrony Financial to offer a new credit card for Amazon Prime members who have bad credit. As reported Monday (June 10), the card, known as “Amazon Credit Builder” will let users build up their credit profiles through the use of a...
Amazon has created detailed virtual maps to train the company’s new Scout delivery robot. Scout VP Sean Scott told The Verge that the eCommerce giant has collected 3D data, real-life textures, and even modeled the sidewalk down to the storm drains in order to create...
