Business, Logistics, Private, Global Freight

Amazon Prime Day Drives Online Sales Up 11% to $14.2 Billion

U.S. shoppers spent $14.2 billion online during Inc.’s 48-hour Prime Day sale, up 11% from a year ago and in line with estimates, according to Adobe Inc.

Spencer Soper | Bloomberg News
July 18, 2024
Business, Logistics, Private, Global Freight

Amazon Prime Day Sales Rise 13% in First Six Hours of Event

Amazon’s Prime Day sales rose about 13% in the first six hours of the event compared with the same period last year, according to Momentum Commerce.

Spencer Soper | Bloomberg News
July 16, 2024
Business, Logistics, Private, Global Freight

Amazon Prime Memberships in US Gain 8% to New High Inc.’s Prime subscription service hit a new high of 180 million U.S. shoppers in March, up 8% from a year earlier, according to Consumer Intelligence Research Partners.

Spencer Soper | Bloomberg News
April 16, 2024
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 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 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 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