pymnts Profile:
Amazon (NASDAQ: AMZN)
Amazon.com, Inc., doing business as Amazon, is a multinational technology company focusing in e-commerce, cloud computing, and artificial intelligence in Seattle, Washington.
CE 100 Index Loses 1.9% as BNPL Names Lead Payments Pillar Lower
July 14, 2025
Most of the CE 100 Index components traded lower this past week, sending the overall index 1.9% lower as seven of the 11 pillars lost ground, ahead of the earnings ...Read moreAmazon Says Customers Saved ‘Billions’ During Extended Prime Day
July 13, 2025
Amazon says its longest Prime Day sale was also its biggest. The eCommerce giant announced Saturday (July 12) that its yearly summer sale produced record sales and savings in its newly ...Read moreAmazon Prime Day Average Household Spend Reaches $156, Numerator Says
July 11, 2025
Market research company Numerator said Friday (July 11) that the average household spend during Amazon’s first four-day Prime Day sales event reached $156.37. The average order size during the event was $53.34, and nearly ...Read moreAWS Reportedly Set to Launch AI Agent Marketplace
July 11, 2025
Amazon Web Services (AWS) will reportedly launch an artificial intelligence (AI) agent marketplace on July 15 during its AWS Summit. One of the company’s partners in the marketplace will be Anthropic, TechCrunch reported Thursday ...Read moreAmazon Reportedly Mulling New Multibillion-Dollar Anthropic Investment
July 10, 2025
Amazon is reportedly considering adding to its $8 billion investment in Anthropic. The tech giant has discussed the idea of a new, multibillion dollar injection into the artificial intelligence (AI) model builder, the ...Read moreDavid’s Bridal Expands Offerings With New Brand and Amazon Storefront
July 9, 2025
David’s Bridal opened a new Amazon storefront featuring a new brand that offers gowns and dresses for both special and everyday occasions. By opening the Amazon storefront for The Edit by ...Read moreTally Tumbler Team Masters Amazon Strategy to Drive Seasonal Sales
July 9, 2025
It’s summertime, and that means sun, friends, backyards and cold beverages. It also means summer sales and yard games aimed squarely at those backyard and park hangouts. Today’s eCommerce landscape is dominated ...Read moreAdobe Says Retailers’ AI-Driven Traffic Will Leap 3,200% During Prime Day
July 8, 2025
Adobe said Monday (July 7) that during Amazon’s Prime Day sales event that runs from Tuesday (July 8) through Friday (July 11), it expects the amount of traffic to all ...Read moreMomentum Commerce Says Amazon Prime Day Sales Down 14% in First 4 Hours
July 8, 2025
The first four hours of Amazon’s Prime Day event reportedly saw sales figures that were 14% lower than those at the beginning of last year’s event, Bloomberg reported Tuesday (July ...Read moreAmazon, Walmart Summer Sales Become Stress Test for Consumer Spending
July 8, 2025
For the world’s biggest retailers, summer means two things: sales events, and more sales events. Amazon kicked off its annual summer sale on Tuesday (July 8), and the eCommerce giant announced that its ...Read more
Amazon: New Delivery Drone Has ‘Double the Range and Half the Noise’
December 11, 2024
Amazon launched a new delivery drone that has “double the range and half the noise” of any of its predecessors. The new MK30 drone received Federal Aviation Administration approval to begin ...Read moreAmazon Tests 15-Minute-or-Less Grocery Delivery in India
December 10, 2024
Amazon is reportedly testing 15-minute-or-less grocery deliveries as it takes on Walmart in India. The eCommerce giant is joining a wave of “quick commerce” companies promising super-fast deliveries of products such ...Read moreAmazon Adds Earned Wage Access Offering for Delivery Service Partners
September 12, 2024
Amazon invested another $2.1 billion in its Delivery Service Partner (DSP) program designed to help small business entrepreneurs build delivery companies. This addition brings the amount the company has invested in ...Read moreNLRB Rules Amazon Is ‘Joint Employer’ of Subcontracted Delivery Drivers
August 22, 2024
Amazon is reportedly under scrutiny as the National Labor Relations Board (NLRB) concluded that a group of subcontracted delivery drivers in Southern California were employees of Amazon itself. The labor board ...Read moreAmazon Pharmacy Expands Same-Day Delivery to New York, Los Angeles
March 26, 2024
Amazon Pharmacy expanded its same-day delivery of prescription medication to New York City and the greater Los Angeles area. These cities join five others in which this service is already available: Austin, ...Read moreAmazon Opens Grocery Delivery Program to Non-Prime Customers
November 9, 2023
Amazon is expanding its grocery delivery/pickup program to include shoppers who aren’t Prime subscribers. The retail giant is making grocery delivery and free pickup available to all customers in any U.S. ...Read moreAmazon Pays Customers For Pickup to Cut Delivery Costs
May 9, 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 ...Read moreAmazon Raises Threshold for Free Grocery Delivery to Cover Costs
January 27, 2023
Amazon is raising the amount Prime members must spend to get free grocery delivery. Effective Feb. 28, members must order $150 for free delivery from Amazon Fresh. For smaller orders, there will ...Read moreAmazon Offers Same-Day Delivery From Local Retailers
August 1, 2022
Amazon has given Prime members in 10 United States metro areas the ability to shop at local retail stores using the company’s app and website and have their purchases delivered ...Read moreAmazon Tests Same-Day Mall Deliveries
May 20, 2022
Amazon.com Inc. delivery drivers are fetching packages from mall stores and dropping the goods off at consumers’ homes under a plan the company is testing, Bloomberg reported Friday (May 20). The ...Read more
Amazon Reportedly Developing In-House Answer to ChatGPT
June 25, 2024
Amazon is reportedly developing its own artificial intelligence (AI) chatbot to compete with OpenAI’s ChatGPT. The project is code-named “Metis,” Business Insider reported Monday (June 24), noting that the name seems inspired ...Read moreAmazon Beta Launches Generative AI Shopping Assistant Rufus
February 1, 2024
Amazon has beta launched a new generative artificial intelligence (AI)-powered shopping assistant. Dubbed “Rufus,” the assistant is now available to a small subset of customers using the Amazon mobile app and will ...Read moreAmazon Unveils Alexa Features to Help Seniors, Caregivers
May 11, 2022
Amazon has unveiled two features for the Alexa Together function on its Alexa devices designed to help older people and their caregivers. In an announcement posted on its website Wednesday (May ...Read moreCashierless Tech, Starbucks Deal Put Amazon in QSR Business
November 18, 2021
The rumors are true: Amazon is making moves into the quick-service restaurant (QSR) space, partnering with Starbucks to bring its “Just Walk Out” frictionless checkout technology into the latter’s stores. ...Read moreLondon Opens First Market Outside of US To Use Amazon’s Cashierless Tech
November 16, 2021
London is opening the first market outside of the U.S. to use Amazon’s white-labeled Just Walk Out technology, Bloomberg reported Monday (Nov. 15), citing sources who said that Amazon Sainsbury’s ...Read moreAmazon One Palm Scanning Tech Moves Into Entertainment With AXS Collab
September 14, 2021
Amazon is taking its palm scanning technology, Amazon One, out of the retail aisles and into entertainment venues through a partnership with ticketing solutions firm AXS. The collaboration brings the “first-ever ...Read moreAmazon to Pilot ‘Just Walk Out’ Tech at Whole Foods Locations
September 8, 2021
Amazon’s Just Walk Out technology will be trialed at Whole Foods locations in Washington, D.C.’s Glover Park neighborhood and Sherman Oaks, California, giving shoppers the option of skipping the checkout ...Read moreAmazon Mulls Alexa Wearables For Children
July 14, 2021
Amazon is looking into developing Alexa-powered wearable GPS-equipped devices for children aged 4-12, Bloomberg reported on Wednesday (July 14). The new wearable, which is code-named Seeker, could be a wristband, keychain or ...Read moreVodafone, Amazon To Bring Speedy 5G ‘Edge Computing’ Services To UK Businesses
June 16, 2021
Vodafone and Amazon Web Services are partnering to bring so-called “edge computing” to business customers in the U.K. Edge computing quickly analyzes bulk data — collected from, say, the factory ...Read moreAmazon, Tile Team Up To Compete With Apple AirTags
May 7, 2021
Amazon has announced new partnerships in hopes of enhancing its connected devices to compete with products such as Apple AirTags. The company said Friday it had formed partnerships with Tile, which ...Read more
Amazon Says Customers Saved ‘Billions’ During Extended Prime Day
July 13, 2025Amazon says its longest Prime Day sale was also its biggest. The eCommerce giant announced Saturday (July 12) that its yearly summer sale produced record sales and savings in its newly ...Read moreAmazon Cuts 100 Jobs in Devices Unit Amid Ongoing Efficiency Drive
May 14, 2025
Amazon reportedly cut about 100 jobs in its devices and services unit, saying it did so as part of a regular business review. The layoffs amount to a small portion of ...Read moreAmazon’s Alexa+ Voice Assistant Draws 100,000 Users as Rollout Continues
May 2, 2025
Amazon has rolled out Alexa+, the new version of its voice assistant, to more than 100,000 users so far, Amazon CEO Andy Jassy said Thursday (May 1) during the company’s quarterly earnings call. Alexa+ will ...Read moreCustomer First, Agentic AI Next. Amazon Lays Out Its 2025 Roadmap
May 1, 2025
Most earnings announcements and ensuing analyst calls are spent discussing all the money — or lack of it — the host company made during the previous quarter. Not so at ...Read moreApple’s Siri: Once a Pioneer, Now an AI Laggard
March 20, 2025
When Apple’s artificial intelligence (AI) assistant, Siri, debuted in 2011, it was revolutionary for giving users the ability to “talk” to their smartphone. Siri’s capabilities were made possible by machine ...Read moreAnthropic CPO: Startup Isn’t Interested in Hardware or Consumer Entertainment
March 10, 2025
Anthropic, the maker of Claude AI and backed by Amazon and Google, is not planning to get into hardware or consumer entertainment but will remain focused on developing generalist foundation ...Read moreSiri’s Original Co-Designer Says Apple’s ‘Fear of Not Being Perfect’ Hampers Siri Revamp
March 7, 2025
In 2011, Apple debuted Siri, the world’s first digital assistant embedded in a smartphone. It was revolutionary in its functionality and technology. For the first time, users could talk to their ...Read moreAmazon Plans to Release ‘Constellation’ of AI-Powered Devices
March 4, 2025
After launching a new version of Alexa dubbed Alexa+ last week, Amazon is reportedly preparing to release a “constellation” of devices powered by artificial intelligence (AI). “You can imagine … a ...Read moreAmazon Denies Anthropic AI Is Powering Advanced Alexa Capabilities
March 2, 2025
Amazon is one of the top investors in artificial intelligence (AI) startup Anthropic. However, the company says there is no truth to reports that Anthropic’s AI model is powering the most ...Read moreAmazon’s Alexa+ Reflects PYMNTS’ 2023 Insights on the Future of Voice Technology
February 27, 2025
With Alexa receiving a refresh on Wednesday (Feb. 26), it was interesting to revisit research published by PYMNTS in April 2023. A PYMNTS Intelligence report, “How Consumers Want to Live in ...Read more