Amazon is offering discounts to merchants who use its online payments service. According to Bloomberg, online merchants using Amazon’s service have paid about 2.9 percent of each credit card transaction plus 30 cents, which is shared among Amazon, card issuers and payment networks. Now the...
Amazon is gearing up to offer its Prime members new benefits centered around Whole Foods — including discounts on food items. CNBC, citing sources, reported that the new benefits are aimed at bringing Prime more into the fold when it comes to groceries and giving...
Amazon, announced news on Tuesday (May 1) that it will expand its Boston Tech Hub, creating 2,000 new tech jobs in fields including machine learning, speech science, cloud computing and robotics engineering. In a press release, the eCommerce giant said that together with its customer...
As a first for its Prime membership service, Amazon has unveiled a subscription service for children’s books. Through the program, customers will be able to purchase age-appropriate boxes of books picked out by Amazon’s team of editors, TechCrunch reported. “These books include classics that have stood...
Amazon is having a tough go of it in Europe, even though it has been in the region for twenty years. According to a report in The Wall Street Journal, Amazon is still struggling in Europe to gain traction hawking shoes and apparel. According to retail...
In some sense, B2B eCommerce offerings have had a customer base for longer than they’ve actually had their own hub on Amazon, Martin Rohde, head of commercial customers for Amazon Business, told Karen Webster in a recent conversation. First founded about three years ago in 2015, Amazon...
While Amazon has spent years looking into counterfeit and otherwise mislabeled goods, the company continues to face the challenge of overseeing its own eCommerce platform. Through Amazon’s Marketplace, The Guardian was able to obtain several goods that weren’t as described. For example, The Guardian received...
Amazon announced it is raising the price of its Prime membership from $99 to $119 — its first price hike since March 2014. According to CNBC, the company revealed the price increase during its first quarter earnings call. Amazon attributed the increase to the service’s...
There are good earnings days, there are great earnings days and there are astonishing earnings days. Amazon’s earnings day yesterday floated someplace between great and astonishing – and the market took note. As soon as the news broke, Amazon’s share price jumped 7 percent in afterhours trading and...
