New estimates project that this year's Prime Day on July 16 and 17 may be Amazon's biggest yet, surpassing last year's $12.7 billion in sales. Adobe Analytics, the e-commerce research arm of Adobe ...
Amazon announced today that it’s pumping another $4 billion into Claude AI maker Anthropic, bringing its total funding amount ...
How Prime Day is going Last year, Amazon drove more than $7 billion in sales through its Prime Day sales, according to Insider Intelligence. This year, the retail giant is expected to eclipse its ...
Prime members worldwide purchased more than 100,000 items per minute and ended the event with 300 million items heading to their home addresses. Amazon said that people saved over $1.7 billion and ...
The quarter included Amazon’s Prime Day in July, which generated $13.7 billion in product sales in 48 hours, according to estimates from Bank of America. Advertising, which has been a profitable ...
Alibaba passed $25.3 billion in sales and Amazon hit $2.4 billion (according to Internet Retailer). Strategy: Singles' Day is brand-focused, Prime Day is Amazon-focused. Tmall has no “ticket ...
Revenue in Amazon’s core e-commerce business grew 8% to $61.4 billion on the back of a wider selection of lower-priced goods and the company’s fall sale event for Prime members. Jassy said the ...
Amazon on Thursday posted mixed second-quarter earnings, missing on Wall Street's revenue expectations despite the annual Prime Day shopping holiday falling in June this year. Revenue: $113.08 ...