Amazon spends $16.9 billion a year, making Amazon the largest advertising spender in the world!

YCD news, according to a report released this week by “Ad Age”, Amazon, Alibaba and L’Oreal are the three companies with the most advertising in the world. Data show that in 2021, Amazon’s advertising expenditure will reach US$16.9 billion, ranking first in the world. It was followed by China’s Alibaba Group with $14.2 billion in …

Visit TOP1! Amazon dominates the mature European e-commerce market!

YCD found that, as the largest e-commerce market in Europe, the UK has a very high penetration rate of Internet and e-commerce shopping. In the UK, 62.84 million people are Internet users (96% of the total population), and nearly 60 million of them use online shopping as a daily routine. 60.4% of UK consumers shop …

Amazon plans to restart Twitter advertising, spending about $100 million a year

YCD learned that on December 3, local time, a reporter from Platformer News in the United States tweeted that Amazon plans to resume advertising on Twitter at a price of about $100 million per year, and is currently waiting for some security measures for the Twitter advertising platform. Adjustment. YCD found that Elon Musk said …

Amazon extends fulfillment commitments for all sellers due to Royal Mail strike

The latest YCD news is that in anticipation of the Royal Mail strike action and related UK delivery service disruptions, Amazon will extend all seller fulfillment commitments to customers during the affected period. During this time, Amazon protections will also cover sellers for late shipment defects. Amazon safeguards The dates covered by Amazon’s safeguards include …

Amazon CEO talks about the peak season in the United States: Consumption is still sluggish, and they are all looking for “bargains”

YCD learned that on November 30, Amazon CEO Andy Jassy spoke at the New York Times DealBook conference. When talking about Thanksgiving consumption in the United States this year, he said that consumption remains sluggish and consumers are focused on finding specials. According to Jassy, ​​Amazon is forecasting a likely slowdown in holiday season sales …

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

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 …

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

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 …

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

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 …

Amazon Customer Satisfaction Record Low! Platform issues are being exposed

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 …

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

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 …