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Five At Five: Amazon Prime’s Real Value

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Welcome to Five at Five, your late look at the day’s payments and commerce news. Coverage includes a discussion of the real value of Amazon Prime, and why Walgreens sees new profit in China. Alibaba has a new idea about fashion, Visa has a new path in Kuwait and there is new information about the impact of tariffs.

Analyst: Amazon Prime Subscription Worth $180 Today

Reason Investments believes Amazon could charge more for its service and set a “long-run price of Prime to $600,” the firm wrote.

Walgreens Invests In Leading Chinese Pharmacy GuoDa

The company completed an agreement to acquire a 40 percent stake of Sinopharm Holding GuoDa Drug Store. Walgreens received the stake in the Chinese pharmacy chain for a capital increase of approximately $416 million.

Alibaba Tests Out ‘FashionAI’ Concept Store

The concept store works with Alibaba’s Taobao platform and, when customers enter the concept store, they check in with a code from Taobao.

Kuwait Finance House Teams Up With Visa For Mobile Wallet

The wallet will use Visa’s token service, and KFH Chief Retail and Private Banking Officer Waleed Khaled Mandani said to the media that the tie-up will help its customers use the newest technologies for payments on the market.

US Tariffs Could Hit Retailers Hard

Though tariffs may not be good for American retailers and consumers, according to an expert, some retail segments may be more susceptible to the effects of a so-called trade war more than others.

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PYMNTS STUDY: THE CROSS-BORDER MERCHANT FRICTION INDEX – JUNE 2020

The PYMNTS Cross-Border Merchant Friction Index analyzes the key friction points experienced by consumers browsing, shopping and paying for purchases on international eCommerce sites. PYMNTS examined the checkout processes of 266 B2B and B2C eCommerce sites across 12 industries and operating from locations across Europe and the United States to provide a comprehensive overview of their checkout offerings.

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