Amazon

Amazon
Amazon to Add Generative AI to Marketplace Search
May 15, 2023

Amazon is reportedly looking to add generative artificial intelligence (AI) to its search function. There have been suggestions of that goal in the company’s job postings for engineers over the last month, Bloomberg reported Monday (May 15). The postings mentioned “reimagining Amazon Search with an interactive conversational...

Amazon
Amazon Anywhere Lets Consumers Shop From Virtual Environments
May 09, 2023

Amazon says it will begin letting consumers buy real-world products from inside virtual spaces. Amazon Anywhere, an “immersive shopping experience” announced Tuesday (May 9), lets shoppers browse and purchase physical products from the retail giant from inside of virtual worlds like video games, augmented reality...

Amazon
Amazon Pays Customers For Pickup to Cut Delivery Costs
May 09, 2023

Amazon is offering customers a deal to lower delivery costs: Pick up your items, get $10. As Reuters reported Monday (May 8), the eCommerce giant has recently begun emailing Prime subscribers offering them $10 to retrieve purchases of $25 or more at pick-up points like...

Amazon
Amazon Sharing Its Movie and TV Offerings With Third Parties
May 08, 2023

Amazon originals like “The Marvelous Mrs. Maisel” are no longer just part of Amazon Prime. The company on Monday (May 8) announced the launch of a new business that will distribute its movies and TV shows to media outlets beyond Prime. According to a news...

Amazon
Amazon Taps Tech Partnerships to Enter the Restaurant Biz
May 05, 2023

Amazon is quietly making its way back into the restaurant space through partnerships and investments. In recent months, the eCommerce giant has been leveraging its voice assistant devices and the central role these can play in consumers’ day-to-day at-home routines to establish a role in...

Amazon
Amazon Fresh Goes Stale as New Grocery Options Considered
April 28, 2023

As Amazon continues its brick-and-mortar grocery efforts, it seems likelier that Amazon Fresh is history. On a call with analysts discussing the eCommerce giant’s first-quarter financial results Thursday (April 27), CEO Andy Jassy built upon other recent intimations that the company’s mass-market brick-and-mortar Amazon Fresh grocery brand may be soon replaced...

Amazon
Amazon’s Third-Party Seller Services Segment Logs 20% Growth
April 27, 2023

Amazon’s results showed slowing eCommerce growth, but the firm logged double-digit gains in third-party seller services as it continues to build out its ecosystem. As detailed in the company’s earnings release, net sales at online stores were up 3%, at $51.1 billion. Nearly 26 million...

Amazon
Health Wearables Firms Likely to Benefit When Amazon Shutters Halo
April 27, 2023

In what is likely welcome news to others in the wearables space, Amazon is axing its health-focused Halo unit in a move to refocus its business. “We recently made the very difficult decision to stop supporting Amazon Halo effective July 31, 2023,” Amazon said in...

Amazon
Kroger-Albertsons Merger Presents Brick-and-Mortar Grocery Opportunity for Amazon
April 26, 2023

With Kroger and Albertsons’ merger expected to result in the divestiture of hundreds of locations, to meet antitrust requirements, there may be an opportunity for others looking to grow their presence to seize on these left-behind sites. Now, Bernstein analysts are noting that, if Amazon...