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COVID Turbocharges US Online Sales

Computer Daily News August 20, 2020 No Comments

SAN FRANCISCO: US consumers spent US$211.5 billion during Q2 on e-commerce, up 31.8 percent quarter over quarter. The US Census Bureau data provides the latest picture of how the coronavirus…

Amazon Moving Into Video Games With ‘Prime Gaming’

Elise Reid August 11, 2020 No Comments

Amazon Prime is ramping up its activity in the video game subscription space – on Monday it gave more than 150 million Prime members free access to video games. Prior…

Will Amazon Convert Dead Malls Into Fulfilment Centres?

Elise Reid August 10, 2020 No Comments

According to The Wall Street Journal, Amazon has been in talks with the US commercial property owner Simon Property Group about converting certain malls into fulfilment centres for the e-commerce…

World’s Richest Retailer Sells $3B In Stock

Elise Reid August 7, 2020 No Comments

Amazon CEO Jeff Bezos has sold 1 million shares in the e-commerce giant, worth approximately US$3.1 billion. While this is a hefty figure, it represents just 3% of the billionaire’s…

Amazon’s Sales Surge 40% As Shoppers Move Online

Elise Reid July 31, 2020 No Comments

Amazon’s net sales increased by 40% year-on-year (y-o-y) to $88.9 billion in Q2 2020, as shoppers across the globe moved to online retail channels during the COVID-19 pandemic. Its operating…

Amazon Slammed Over “Troubling” Private-Label Practices In US Hearings

Roma Christian July 30, 2020 No Comments

Amazon Chief Executive, Jeff Bezos, has been slammed with questions over the e-commerce giant’s private-label practises in today’s landmark US hearings, citing reports it misused proprietary data to develop Amazon-branded…

Big W Inks Amazon Echo Show Deal Amid Turnaround

Roma Christian July 28, 2020 No Comments

Embattled Woolworths-owned department store, Big W, has gained distribution of Amazon’s Echo Show smart displays, as the discount retailer continues to progress its turnaround strategy – improving price and product…

Google’s E-commerce Platform To Rival Amazon’s, Removes Fees

Elise Reid July 27, 2020 No Comments

Google is continuing to make its e-commerce platform more appealing to sellers, as it ramps up its efforts to compete with Amazon. Now, sellers who participate in the ‘Buy on…

Google Shopping Takes Aim At Amazon With New Seller Initiatives

Roma Christian July 24, 2020 No Comments

Google has offered another focused attempt to compete with Amazon’s online portal, this time accelerating its ‘Shopping’ web platform to better capitalise on e-commerce spikes during the COVID19 pandemic. The…

Amazon Accused Of Meeting With Start-Ups And Stealing Ideas

Elise Reid July 24, 2020 No Comments

Nearly four years ago Amazon.com invested in DefinedCrowd Corp, which uses machine learning technology and human intelligence to enrich training data. Now, Amazon Web Services has launched A2I, a direct…