20240823 Morning Post

2024-08-23 12:00
14

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  1. Amazon launches a $99.99 annual grocery subscription plan: Amazon has announced a $99.99 annual grocery subscription plan as an add-on option for Prime members.

  2. Amazon India’s business growth: Amazon India announced that its home, kitchen, and outdoor products business in Odisha and Bhubaneswar grew nearly 25% year-over-year.

  3. Amazon beauty and personal care product sales data: In Q2 2024, skincare products accounted for 32% of the market share among the top 25 best-selling beauty and personal care products on Amazon, followed by hair care products.

  4. Amazon US FBA inventory deadlines: Amazon US has released the FBA inventory deadlines for Fall Prime Day and Black Friday/Cyber Monday.

  5. Amazon seller count forecast: According to foreign media reports, Amazon is expected to have 9.7 million sellers by the end of 2024, with 1.9 million active sellers.

  6. New distribution center for Russian e-commerce platform Ozon: According to foreign media reports, Russian e-commerce platform Ozon has launched the first phase of its new distribution center in Orenburg Oblast.

  7. US mobile sales hit a new high: Reports indicate that US mobile sales reached a record high of $280.4 billion from January to July 2024, a 10.2% increase compared to the same period last year.

  8. UAE e-commerce market growth: The UAE’s e-commerce market is expected to reach $6.74 billion in 2024, with an annual revenue growth rate of 8.63% from 2024 to 2029.

  9. Macy’s Q2 2024 financial report: Macy’s Q2 2024 financial report shows net sales of $4.9 billion, a 3.8% decrease from last year’s $5.28 billion.

  10. Revolve’s Q2 2024 financial report: US luxury brand Revolve’s Q2 2024 financial report shows net sales of $282.5 million, a 3% year-over-year increase.


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