All of the purchases made on Amazon Prime Day could clog the delivery pipeline. JMP Securities estimates that Prime membership has now reached more than 200 million people.
With millions of shoppers expected to log on and check out during Amazon.com Inc.’s Prime Day shopping event, Moody’s questions whether the e-commerce giant’s delivery capabilities can keep pace.
JMP Securities estimates that Prime membership has now reached more than 200 million with members shopping more frequently and across more categories during the pandemic. Prime Day has also become a big event for retailers like Walmart Inc. WMT, +0.91%, Target Corp. TGT, +1.41% and others that are hosting shopping events of their own. That will drive price competition.
He’ll also be on the lookout to see “how low will the pricing limbo-bar go in key categories such as consumer electronics and small appliances, both of which have been high-volume Prime Day categories.”
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The Best Amazon Prime Day Deals For Making Every Day A Good Hair DayFrom styling products to hot tools, here are Amazon's best hair deals happening now through Prime Day 2021.
Read more »
Hurry—Amazon Just Dropped Early Electronics Deals Way Before Prime DayThis is not a drill ❗ amazon just dropped some HUGE deals on electronics before PrimeDay, and we were simply not ready
Read more »
All the Best Beauty and Wellness Deals for Amazon Prime Day 2021This just in: AmazonPrimeDay beauty deals for a skin-care refresh, post-vaccine celebrations, and all your warm-weather needs.
Read more »
From Alexa To Kindle, Amazon Has Slashed Prices On All Of Its Devices For Prime DayAmazon Prime Day is happening right now, with significant discounts on Amazon devices. Check out these Prime Day deals to snag that new Echo, Fire or Kindle you've been eyeing.
Read more »
The Best Deals To Shop On Amazon And Win At Prime DayFor the next 48 hours, you can shop thousands upon thousands of Prime Day deals on Amazon's site—here are the best of the best.
Read more »