Business, Logistics, For-Hire

Amazon Delivery Rival Pandion Secures Funding for Expansion

E-commerce logistics startup Pandion — which helps retailers like Saks Fifth Avenue compete with Amazon’s delivery — has secured $41.5 million in fresh funds to expand its operation.

Spencer Soper | Bloomberg News
March 22, 2024
Business, Logistics, Global Freight

Amazon Captured 29% of Online Orders Before Christmas

Amazon's share of online orders spiked in the final days of the holiday season, showing how big investments in delivery speed paid off as shoppers sought out products they could get quickly.

Spencer Soper | Bloomberg News
January 5, 2024
Business, Technology

Cyber Monday Sales Hit Record $12.4 Billion on Nov. 27

U.S. shoppers spent $12.4 billion on Cyber Monday, a robust result demonstrating the continued resilience of consumers despite dwindling pandemic-era savings and high interest rates.

Spencer Soper | Bloomberg News
November 28, 2023
Business, Technology, Private

Amazon Scraps Planned Merchant Fee

Amazon.com Inc. is scrapping a planned fee on merchants that don’t use its shipping services, according to documents reviewed by Bloomberg.

Spencer Soper | Bloomberg News
September 20, 2023
Business, Technology, Logistics, Private

Amazon Service Lets Merchants Deliver to Physical Stores

Amazon.com Inc. is offering a new service that will let its 2 million merchant partners deliver inventory directly to physical retail stores and warehouses.

Spencer Soper | Bloomberg News
September 12, 2023
Business, Technology, Logistics

Flexport Founder Ryan Petersen to Return as CEO

Flexport CEO Dave Clark is abruptly leaving the startup after a year, making way for the return of founder Ryan Petersen and highlighting pressure on startups in the logistics industry.

Spencer Soper | Bloomberg News
September 7, 2023
Business, Logistics, Private

Amazon to Double Number of Same-Day Delivery Facilities

Amazon.com Inc. will double the number of U.S. same-day delivery facilities in the “coming years,” the company announced July 31.

Spencer Soper | Bloomberg News
July 31, 2023
Business, Technology, Logistics, Private

Amazon Prime Day Invite-Only Deal Targets Buyer Frustration

Amazon.com Inc is alleviating some past Prime Day frustrations by dangling an “invite-only” promotion designed to give customers a better shot at snagging the bargains they want.

Spencer Soper | Bloomberg News
July 11, 2023
Business, Logistics, Private

Amazon to Sell Bay Area Office Complex as Sales Growth Cools

Amazon .com Inc. is selling a vacant Bay Area office complex purchased about 16 months ago, the company’s latest effort to unwind a pandemic-era expansion that left it with a surfeit of warehouses and employees.

Spencer Soper | Bloomberg News
January 26, 2023
Government, Business, Logistics

Cyber Monday Sales on Track to Break Record Despite Inflation

U.S. shoppers spent $11.3 billion on Cyber Monday, a robust showing that suggests steep discounts attracted inflation-stung shoppers.

Spencer Soper | Bloomberg News
November 29, 2022