Black Friday has come earlier than ever this year, with Amazon starting the holiday sales at the beginning of October. But the reason is different this time.
An old rival has taken a leaf out of Amazon’s book, by rolling out the red carpet to Chinese sellers. Let’s hope this story doesn’t end the same way too.
The number one seller on Amazon US, Pharmapacks, is to become a public company. This business also sells on Walmart, eBay, Target and Facebook.
The world’s largest retailer is also the top cloud computing company and the number two streaming service. Now they are shipping parcels and making TVs.
For the first time, Amazon is offering shoppers the option to buy now and pay later. Through a new partnership, purchases can be split into smaller payments.
The impact of Amazon’s crackdown on Chinese sellers who were flouting review rules is becoming clear. The lost sales could exceed $15 billion in total.
Amazon has finally surpassed Walmart in overall sales, and is planning to open new “department store” locations to sell its own private label brands.
Amazon’s latest bestsellers report shows Americans are getting dressed up, having parties and going on vacation. Even weddings are back on.
The biggest players in India’s ecommerce industry are Amazon and Walmart-owned Flipkart. Unlike the US, Amazon’s advantage here is slim.
Ecommerce in the Middle East is something of a paradox. Internet use is high and consumers have money to spend, but the ecosystem lags behind.