Amazon

Amazon
Amazon Takes More ‘Fake Review Brokers’ to Court
August 14, 2023

Amazon has filed suit against two services it accuses of churning out bogus product reviews. “Fake reviews are primarily being driven by the emergence of an illicit ‘fake review broker’ industry,” the retail giant said on its blog Monday (Aug. 14). “These brokers approach customers directly through...

Amazon
Amazon Debuts AI-Powered Review Highlights
August 14, 2023

Amazon says it wants to give customers the power to review its reviews. To that end, the retail giant announced Monday (Aug. 14) the launch of an artificial intelligence (AI)-powered feature that highlights what other customers have already written about products. Writing on the company blog, Vaughn Schermerhorn — director...

Amazon
Amazon Aims to Reduce Packaging Waste
August 11, 2023

Amazon is working toward reducing its use of packaging and now has millions of orders arriving to customers with no extra box. The retail giant has made changes both in-house and in conjunction with suppliers and vendors to reduce the need for extra packaging, and 11% of...

Amazon
Amazon Scales Back Private-Label Business
August 10, 2023

Amazon is reportedly scaling back its private-label business and cutting dozens of its in-house brands. The move comes as the retail giant fights to stave off antitrust actions, shore up profits and cut costs, The Wall Street Journal (WSJ) reported Thursday (Aug. 10). In a statement provided to...

Amazon
Amazon Web Services Offers Support to Early-Stage Startups
August 09, 2023

Amazon Web Services (AWS) says it wants to assist early-stage startups amid a tight funding environment. The company on Wednesday (Aug. 9) introduced AWS Build, a program that offers business and technical guidance — plus some funding — to early-stage companies, helping them use AWS’ tech...

Amazon
Amazon Will Debut ‘Prime Big Deal Days’ Event in October
August 08, 2023

After a record-breaking Prime Day, Amazon is giving its sales event a sequel. The retail giant will offer Prime members an exclusive shopping event — dubbed “Prime Big Deal Days” — in October, according to a Tuesday (Aug. 8) company blog post. “We are really excited for Prime...

Amazon
Amazon Launches Brazilian Mastercard Via Banco Bradesco
August 06, 2023

Amazon has teamed with Brazilian bank Banco Bradesco to offer a credit card in that country. The launch of the card is set for this week, CEO Octavio de Lazari Jr. told Reuters Friday (Aug. 4), in a report that noted this is Amazon’s latest...

Amazon
Amazon: Buy With Prime Boosts Merchants’ Shopper Conversion 25%
August 04, 2023

Merchants using Amazon’s Buy with Prime are seeing their shopper conversion increase by 25%. That’s been the company’s finding in merchants’ early trials of this offering, Amazon reported during its most recent earnings call. “Buy with Prime is continuing to show a lot of progress,”...

Amazon
Amazon’s Ecosystem Gains Traction as Third-Party Sellers Revenue Soars 18.1%
August 04, 2023

Amazon’s movement to create a commerce ecosystem well beyond simply logging sales on its platform showed up in second-quarter earnings results, as sales gleaned from its third-party sellers segment soared by 18.1% to $32.3 billion. Presentation materials from the company showed that sales at its...