Amazon’s Prime Day is expected to bring in a record $12.9B in the U.S., up 53% from last year, as the event stretches to four days, The Wall Street Journal’s Meg Tanaka reports. Sellers are using the extended Prime Day event to experiment with Amazon’s ad tools, while Amazon will use the event to sign up new members to its $139-a-year Prime membership service.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMZN:
- Optimistic Outlook for Amazon: Surpassing Expectations with Strong Growth in AWS, eCommerce, and Advertising
- AMD Stock Dips on Ryzen Amazon Prime Day Deals
- Amazon (AMZN) Prime Day Forecast to Generate $23.8 Billion in Online Sales
- Walmart (WMT) Launches 6 Days of Deals to Seize Amazon Prime Day Spend
- Trump Media (DJT) Goes Global with Truth+ Streaming Platform