New estimates from eMarketer say that Amazon’s share of the U.S. eCommerce market is far below previous projections. According to reports in The Information, eMarketer has lowered its 2019 estimate for Amazon’s share of U.S. online sales to 37.7 percent from its previous estimate of 47 percent. That new figure,...
Amazon is officially the world’s most valuable brand, valued at $315.5 billion, according to a newly-released global ranking. 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...
Getting to scale is a necessary but difficult hurdle to clear on the road to subscription services success. Customer acquisition and retention are expensive, and churn is endemic. The potential benefits can be great; according to the PYMNTS Subscription Commerce Index, Americans spent $2 billion...
Amazon is linking with Synchrony Financial to offer a new credit card for Amazon Prime members who have bad credit. As reported Monday (June 10), the card, known as “Amazon Credit Builder” will let users build up their credit profiles through the use of a...
Amazon has created detailed virtual maps to train the company’s new Scout delivery robot. 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...
Amazon has started pumping money into its India business despite regulatory rules that mandate how companies can source goods for marketplaces, according to a news story. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Regulatory scrutiny is indeed coming to bear on big tech firms — along with increased attention on consumer privacy and use of data — but it is unlikely to deter Amazon from the way it makes consumer-facing products. Get the Full Story Complete the form...
An Amazon executive has said the eCommerce giant welcomes a review of its business, as some are calling for the break-up of the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Amazon has opened physical kiosks in the U.K. that will offer a rotating range of items at discounted prices. The first kiosks will be based in London at various rail stations, including Charing Cross, King’s Cross, Paddington, Liverpool Street and London Bridge. The locations will...
