Tag: Amazon Prime

Retail Asia07/09/2018
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3min0
Amazon briefly became the second US company to join the trillionaires club overnight. Like Apple just one month ago, Amazon’s market capitalisation has exceeded US$1 trillion. Neil Saunders, MD of GlobalData Retail, described the achieved as “extraordinary” after just 24 years in business. “That Amazon has achieved this demonstrates its dramatic advancement in both the […]

Retail Asia06/02/2018
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5min0
Amazon’s quarterly profit reached a record US$1.86 billion in the three months to December 31, fuelled by millions of new customers to its Prime fast-shipping club. There was also a provisional $789 million boost to its bottom line from the US government’s tax bill which was passed in December. “This was another blow-out quarter for […]

Retail Asia20/11/2016
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6min
Amazon announced it’s bringing a version of its Prime membership program to customers in China, which will include free, cross-border shipping from the Amazon Global Store as well as no minimum free domestic shipping, the company says. The service, which will compete with local rivals like Alibaba and JD.com, will cost 388 yuan ($57.23) per […]

Retail Asia19/09/2016
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7min0
Meet Generation Z. The next big consumer retail power has grown up with social media and assuming instant access to almost all things digital, from music to video to information. They’re today’s image-savvy teens and tweens and they want it all – and they want it now as they acquire apparel, cosmetics and experiences. That’s […]


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