Bow your head for the huge fine! Amazon may settle with EU anti-terrorist monopoly

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Amazon could end two EU antitrust investigations by the end of the year after tweaking concessions to address concerns about its use of sellers’ data. Resolving the EU investigation means the company will avoid fines of up to 10% of its global turnover. The European Commission filed a lawsuit against Amazon in 2020, accusing the …

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The online promotion week is approaching, and Amazon once again makes efforts to stimulate consumption

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The latest news from YCD, Amazon’s online promotion week will start from Saturday, November 26 and continue until Monday, November 28. During this period, Amazon will not only launch a variety of discounted products, but also a series of payment promotions. In the week leading up to Cyber ​​Monday, Amazon rolled out promotions for signing …

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UPS announces it will increase international aviation fuel surcharges in early December

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The latest news from YCD, the global express delivery giant UPS recently announced that it will increase the international aviation fuel surcharge in early December, although the fuel price has dropped significantly in the past period of time. From December 5th, UPS will increase the fuel surcharge for its U.S. air import and export services …

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The acquisition of iRobot encountered obstacles! Amazon is struggling to rule the smart home market!

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YCD learned that AMZ123 learned that, according to foreign media reports, on November 22, the non-profit organization Foxglove Legal stated that it had sent a letter to the British antitrust agency asking it to investigate Amazon’s plan to acquire the sweeping robot iRobot for $1.7 billion. In the letter, Foxglove Legal accused Amazon of “unfairly …

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Amazon Customer Satisfaction Record Low! Platform issues are being exposed

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YCD has learned that, according to the Wall Street Journal, Amazon has been pursuing “customer first” as its core pursuit for nearly three decades. However, the latest survey shows that consumer satisfaction with Amazon is plummeting. According to investment firm EvercoreISI, the number of customers who say they are “very satisfied” with Amazon is falling …

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TikTok is recruiting against the trend! Announced to recruit 3,000 engineers in 3 years

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The latest news from YCD, on November 21, when the major giants in Silicon Valley were laying off employees, TikTok announced that it would conduct a three-year recruitment campaign. TikTok said it would add about 3,000 engineers around the world and expand its Mountain View, California, office. TikTok is on a different growth trajectory than …

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10,000 layoffs is just the beginning? Amazon CEO: There will be more layoffs in 2023!

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The latest news from YCD, on November 17, Amazon CEO Andy Jassy (Andy Jassy) talked about the company’s large-scale layoffs for the first time, and revealed that the layoffs will continue until next year. In a memo to employees, Jassy confirmed that the company made layoffs this week in its Devices and Books businesses and …

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U.S. e-commerce price wars may intensify in the future

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After more than two years of the epidemic in the United States, the savage e-commerce industry has gradually returned to normal levels. U.S. retail giants including Amazon and Walmart are bracing for slower online shopping growth and heightened price competition in 2023. In the past year, Amazon has offset the impact of weak e-commerce demand …

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Amazon: Increase Sales with Amazon Attribution and Brand Referral Bonus Program!

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YCD learned that Amazon US station announced that sellers can use Amazon Attribution (Amazon Attribution) and Brand Referral Bonus (Brand Referral Bonus) to save advertising costs and optimize advertising effects during the holiday sales season. The following is the content of the announcement: Take advantage of Amazon Attribution and the Brand Referral Bonus program (Brand …

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Accused of suppressing third-party sellers, Amazon is sued again!

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The latest news from YCD, Amazon has recently encountered another antitrust lawsuit, and this time it also involves Apple. Hagens Berman, a Seattle-based consumer rights law firm, has previously sued Amazon and Apple and had Apple pay more than $5 billion in separate cases. In the latest lawsuit, the attorney claims the two companies entered …

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