Amazon’s bread and butter: The launch comes only a few months after reports that the company was scaling back its ecommerce ambitions in India as part of CEO Andy Jassy’s cost-cutting initiatives. That stemmed from its decision to pull back on initiatives such as meal deliveries as it focused on its core competencies and revenue generators.
The popularity of livestreaming ecommerce is spreading to other parts of the world besides China. But not every market has embraced this new retail format to the same degree.
Amazon can stake a claim as one of Canada’s top mass merchants, even without having physical stores. It has reached this milestone after more than three years of accelerated retail ecommerce in the country.
51% of global shoppers say the top reason they shop in-store is to experience products firsthand before buying, according to February data from Criteo.
ts new handheld accessory isn’t the Nintendo Switch killer many had hoped for, but it’s a sign that the gaming giant is investing to build around its consoles.