Amazon is reportedly delaying Prime Day due to COVID-19

  • Thread starter Thread starter The Verge RSS
  • Start date Start date
T

The Verge RSS

Guest
Author: Jay Peters

acastro_180329_1777_amazon_0001.0.jpg

Amazon is planning to delay Prime Day until at least August due to the ongoing pandemic, according to internal meeting notes viewed by Reuters. Amazon expects it could lose $100 million “from excess devices it may now have to sell at a discount” because of the delay, according to Reuters. Amazon didn’t reply to a request for comment from The Verge about the potential delay.

Prime Day is typically a huge sales driver for the company. Amazon said that Prime Day 2019 (which actually took place over two days, July 15th and July 16th) was “once again the largest shopping event in Amazon history,” surpassing sales of both Black Friday and Cyber Monday 2018 combined, and that the company sold more than 175 million items during the event....

Continue reading…

Continue reading...