Amazon

Amazon
Amazon Takes On Temu and Shein With China-Direct Discount Section
June 26, 2024

Amazon will reportedly add a section to its shopping site that aims to compete with Temu and Shein, featuring items that are cheap and are shipped from China to overseas consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Amazon
Amazon Market Valuation Tops $2 Trillion for First Time
June 26, 2024

Amazon’s market valuation topped $2 trillion for the first time Wednesday (June 26), driven in part by investor interest in artificial intelligence (AI). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

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Amazon Expands Prescription Offering to Medicare Members
June 18, 2024

Amazon said it has expanded its prescription drug program to include Medicare beneficiaries. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

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Amazon Gives $230 Million in AWS Credits to AI Startups
June 13, 2024

Amazon is reportedly investing $230 million in Amazon Web Services (AWS) credits in AI startups. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

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Amazon Exec Says Restaurant Ordering About Boosting Daily Engagement With Prime
May 31, 2024

As Amazon looks to make its Prime membership increasingly indispensable to customers’ day-to-day lives, the eCommerce giant’s new partnership with Grubhub aims to drive more frequent engagement with the subscription’s offerings. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Amazon Ramps Up Logistics Expansion to Speed Delivery, Reduce Costs
May 22, 2024

Amazon is reportedly ramping up its logistics expansion efforts to compete with rivals such as Walmart, Shein and Temu. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

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Amazon Plans to Invest $1.29 Billion in French Tech Projects
May 12, 2024

Amazon is reportedly set to invest nearly $1.3 billion on tech projects in France. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

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Amazon Says New Fulfillment Fees Reflect Underlying Costs
May 09, 2024

Amazon said Thursday (May 9) that the updated fees for merchants using its fulfillment, storage and shipping services reflect underlying costs and are “significantly less” than those announced by other major fulfillment services.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Amazon to Launch Dedicated Online Store in Ireland in 2025
May 09, 2024

Amazon will launch a dedicated online store in Ireland in 2025. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...