Amazon.com Inc's Prime Day saw strong online sales growth in the United States on Monday even as supply chain snafus and a robust spending appetite limited the level of discounts on popular products like electronics.
Amazon is postponing its major summer shopping event, Prime Day, until at least August and expects a potential $100 million hit from excess devices it might now sell at a discount, according to notes seen by Reuters.
Amazon on Wednesday said actor Samuel L. Jackson and other celebrities will voice speech for its virtual assistant Alexa, while the voice aid will also be built into a new wearable line of earbuds, glasses and a ring.
Amazon.com Inc’s Prime Day is now a major marketing opportunity and shopping event in the annual calendar for other U.S. retail companies, rivalling the Thanksgiving holiday’s Black Friday as a driver of sales.
India’s revised e-commerce rules caused widespread disruption on Amazon’s India website when they kicked in on Friday, forcing the company to take down its key grocery service and remove a wide range of products.