Amazon Delivers Biggest Prime Day Event Ever

RTTNews | 730 days ago
Amazon Delivers Biggest Prime Day Event Ever

(RTTNews) - Amazon.com, Inc. (AMZN) announced Thursday that prime members purchased more than 375 million items worldwide during Prime Day 2023, making this year's event the biggest Prime Day event in Amazon's history. Prime members saved over $2.5 billion, more than any previous Prime Day event.

The company said the first day of this year's two-day shopping event, July 11, was the biggest sales day in Amazon's history.

Merchants who participated in Prime Day activities, in aggregate, experienced a 10x increase in daily Buy with Prime orders and saw an 8x increase in daily revenue from those orders during the Prime Day event period.

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Amazon To Invest $4 Bln To Expand Speed Delivery To Rural Communities Across U.S

Amazon To Invest $4 Bln To Expand Speed Delivery To Rural Communities Across U.S

E-commerce giant Amazon has announced its plan to invest over $4 billion to expand speed delivery service to thousands of smaller cities, towns, and rural communities across the United States. For the first time, the company will be offering the convenience and reliability of Same-Day and Next-Day Delivery to millions of U.S. customers in more than 4,000 smaller cities, towns, and rural communiti
RTTNews | 18 days ago
UK Grocery Regulator Probes Amazon Over Alleged Delays In Payments

UK Grocery Regulator Probes Amazon Over Alleged Delays In Payments

UK's Groceries Code Adjudicator or GCA announced the launch of a targeted investigation against e-commerce giant Amazon.com Inc. over alleged delays in payments to its suppliers. In a statement, the grocery regulator said the investigation is into whether Amazon has breached paragraph 5 of the Groceries Code, which indicates no delay in Payments, in relation to certain of its practices...
RTTNews | 22 days ago
Amazon Doubles Prime Day Event, Starting July 8 Through 11

Amazon Doubles Prime Day Event, Starting July 8 Through 11

E-commerce giant Amazon has announced Prime Day Event, its biggest deal event, with millions of exclusive deals for Prime Members, starting July 8 through July 11. Prime Day, traditionally a 2-day event, has now been doubled to 4 days for the first time. The 96-hours Prime Day offers Amazon's best deals of the season, including deals across more than 35 categories from fashion and beauty to groce
RTTNews | 25 days ago
CPSC Recalls: 1.2 Mln Anker Power Banks, Hedge Trimmers, High Chairs, Mattresses, Pool Covers

CPSC Recalls: 1.2 Mln Anker Power Banks, Hedge Trimmers, High Chairs, Mattresses, Pool Covers

The U.S. Consumer Product safety Commission or CPSC has announced various recalls including around 1.2 million Anker Power Banks, as well as hedge trimmers, high chairs, mattresses, pool covers and Skywalker Pro Via Ferrata Sets. China- based Anker Innovations Limited has called back about 1.16 million units of power banks citing fire and burn risks, and TTI Outdoor Power Equipment recalled...
RTTNews | 29 days ago
CPSC Recalls: 3.8 Mln Dumbbells, 1.7 Mln Air Conditioners, Golf Cars, CO Detectors, Casters, E-Bikes

CPSC Recalls: 3.8 Mln Dumbbells, 1.7 Mln Air Conditioners, Golf Cars, CO Detectors, Casters, E-Bikes

The U.S. Consumer Product safety Commission or CPSC has announced various recalls including around 3.8 million units of dumbbells by Johnson Health Tech Trading, 1.7 million air conditioners by Midea America Corp., around 352 thousand units of Yamaha golf cars including previously recalled ones, and around 50 thousand units of Apollo America's Combination Smoke and Carbon Monoxide or CO Detectors.
RTTNews | 36 days ago
Amazon Places Bid For TikTok Ahead Of US Sale Deadline

Amazon Places Bid For TikTok Ahead Of US Sale Deadline

As the April 5 deadline is looming for TikTok, owned by China-based ByteDance Ltd, to find a buyer or to face shutdown in the United States, its biggest market, Amazon has entered the picture, submitting a takeover bid to the White House for the business, reports said. With this, the tech major joins the list of potential bidders including private equity firm Blackstone and mobile technology...
RTTNews | 100 days ago