Amazon Prime Day sales rise as deep discounts tempt inflation-hit shoppers
By Ananya Mariam Rajesh, Granth Vanaik and Arriana McLymore (Reuters) - Amazon.com's Prime Day two-day shopping event saw U.S. online sales rise nearly 6% to $6.4 billion from a year ago on its first day, as heavy discounts lured bargain-hunting customers
Amazon workers at UK warehouse to strike during Prime Day event
By Anirudh Saligrama (Reuters) - Nearly 900 Amazon workers at a warehouse in Britain will stage a strike for three days in the coming week over a pay dispute, labour union GMB said on Saturday. The strike will take place from July
Amazon duped millions of consumers into enrolling in Prime
By David Shepardson WASHINGTON (Reuters) - The U.S. Federal Trade Commission on Wednesday accused Amazon.com of enrolling millions of consumers into its paid subscription Amazon Prime service without their consent and making it hard for them to cancel, the agency's latest
TikTok seeks up to $20 billion in e-commerce business this year
By Anirudh Saligrama (Reuters) - ByteDance-owned TikTok hopes to more than quadruple the size of its worldwide e-commerce operations to as much as $20 billion in merchandise sales this year, relying on growth in Southeast Asia, Bloomberg News reported on Wednesday,
Amazon launches program to identify and track counterfeiters
The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, January 5, 2023. REUTERS/Pascal Rossignol By Arriana McLymore NEW YORK (Reuters) - Amazon has launched its Anti-Counterfeiting Exchange (ACX), an initiative to help retail stores label and
Brazil plans ‘digital tax’ on shipments from e-commerce giants
Brazil's Finance Minister Fernando Haddad looks on after a meeting with Brazil's Central Bank President Roberto Campos Neto in Brasilia, Brazil, April 3, 2023. REUTERS/Ueslei Marcelino By Isabel Versiani and Marcela Ayres SAO PAULO/BRASILIA (Reuters) - Brazil's finance minister said on Thursday
Brazil targets Asian e-commerce giants, local companies in tax push
Brazil's Finance Minister Fernando Haddad reacts while speaking with journalists after a meeting with Brazil's Central Bank President Roberto Campos Neto in Brasilia, Brazil, April 3, 2023. REUTERS/Ueslei Marcelino By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) - Brazil will soon unveil
Etsy, other e-commerce companies feel squeeze of SVB collapse
A sign advertising the online seller Etsy Inc. is seen outside the Nasdaq market site in Times Square following Etsy's initial public offering (IPO) on the Nasdaq in New York April 16, 2015. REUTERS/Mike Segar//File Photo By Arriana McLymore
Amazon’s outlook disappoints as customer budgets stay tight
Packages emblazoned with Amazon logos travel along a conveyor belt inside of an Amazon fulfillment center in Robbinsville, New Jersey, U.S., November 27, 2017. REUTERS/Lucas Jackson/File Photo By Jeffrey Dastin and Tiyashi Datta (Reuters) - Amazon.com Inc on Thursday said its