Another quarterly earnings reports, another rush of pleased Amazon investors hurrying to boost the stock in after-hours trading — Amazon stock jumped 4.1 percent in after-hours trading, despite notching the rare miss on revenue expectations. Profit expectation doubled analysts’ forecasts, which helped instill confidence, as did continued...
Avis Budget Group, the car rental company, is offering Amazon customers a deal when they rent vehicles through the company. CNBC, citing Avis Budget Group, reported that when Amazon customers book an Avis vehicle via the Avis skill for Amazon Alexa, they will get an...
President Donald Trump is once again outraged at Amazon, and is once again complaining that the eCommerce giant is using the U.S. Postal Service as its “delivery boy.” The president than re-raised the possibility of pursuing anti-trust claims against Amazon. The president’s animus against both the...
Amazon is launching a new feature that allows users to search for home improvement parts with ease. The eCommerce giant’s “Part Finder” enables users to simply point their smartphone camera at an item they need, and Amazon will scan it, measure it, and find matching...
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...
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...
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 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 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...
