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  • Amazon Schedules Mini Prime Day for June 22

    Following the delay of their annual Prime Day sale until September, Amazon has decided to host a smaller sale on June 22nd (tentatively titled "the Biggest Sale in the Sky"). The goal of this sale is to help its sellers unload some of the excess inventory they may have accumulated during the pandemic-related disruptions to Amazon’s usual shipping services. The sale will be centered around fashion items and will feature discounts of at least 30% on eligible products. A notice sent to sellers

    S Gonzales
    S Gonzales
    Amazon News

    Alibaba Offers International Financing Options With Alibaba Cross-Border Payment Terms

    Alibaba has just introduced Alibaba Cross-Border Payment Terms, a financing solution for American SMEs that will allow smaller sellers to order items in bulk without having to pay for them for up to 60 days. This marks the first time a B2B ecommerce website has offered international financing directly through the platform itself. The company says that they developed this feature to provide more options for SMEs who might struggle to secure the same favourable financing terms as large busine

    S Gonzales
    S Gonzales
    Amazon News

    Amazon Extends Promotion for European Fashion Sellers

    Amazon has extended the fashion promotion it launched for European sellers on March 1st; while originally set to end on February 28th, 2021, the promotion will now run until April 30th, 2021. During this time, European sellers with FBA or SFP products in the Clothing, Shoes and Bags categories are eligible to cut their referral fee to just 7% of the portion of the sale price of items that sell for more than £40 or €45. This extension is being offered in response to Amazon’s decision to limi

    S Gonzales
    S Gonzales
    Amazon News

    Four Premier League Fixtures to Be Free to Air on Amazon Prime

    All four of Amazon’s remaining Premier League fixtures will be available for UK sports fans to stream on Amazon Prime Video without a Prime membership when matches resume. These four fixtures are part of the set of 33 games that are currently slated to be aired for free by certain broadcasters, including Amazon Prime, Sky Sports, BBC Sport, and BT Sport. The remainder of the 92 matches left overall in the top-flight campaign will be broadcast live only to paying customers.

    S Gonzales
    S Gonzales
    Amazon News

    Amazon Secures Record Low 0.4% Interest in $10 Billion Debt Sale

    Amazon has just announced that it has acquired $10 billion in new debts to be used for general corporate expenditures. This debt consists of six tranches ranging from $1 billion to $2.5 billion each, with maturities lasting up to 50 years. One of the $1 billion tranches was oversubscribed and was thus able to be sold at an unprecedented 0.4% interest rate. The rest sold at rates between 0.8% and 2.5%, which is still relatively little interest for a company to pay at this time. Analysts cred

    S Gonzales
    S Gonzales
    Amazon News

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