Coscline news — Amazon is testing a new tier of Prime members in India to allow users to enjoy more benefits, such as free two-day shipping and standard definition ad-supported Prime Video. The new membership tier, called ‘Prime Lite’, is currently offered to select customers at a discounted annual price of $12 (Rs. 999). A …
Read more “Amazon is testing the “Prime Lite” membership service!”
Coscline news —— Recently, USPS (United States Postal Service) reported performance indicators for the 2022 holiday season and delivery performance indicators for the first week of the second quarter of fiscal year 2023. USPS said it received 11.7 billion packages and mail between Nov. 26 and Dec. 30, 2022. Unlike previous years, this year the …
Coscline News—-UK lawmakers have called on Amazon to clarify comments made by a senior executive at a recent parliamentary hearing, after an advocacy group accused him of providing “misleading” evidence concerning the company’s treatment of warehouse workers. An Amazon spokesperson told Reuters the company strongly denied the executive – European policy chief Brian Palmer – …
Read more “Amazon faces renewed pressure from UK lawmakers over warehouse conditions“
Coscline News—Walmart already made strides in its drone delivery expansion plan as we headed into the holidays, but the company isn’t done yet. The brand recently highlighted the success of its program, which launched in 2021, showing quick growth is part of Walmart’s end goal. According to Walmart, so far, 36 stores across the country …
Coscline news — Amazon will lay off about 1,000 employees in India as part of its global layoffs. Last week, it was reported that the e-commerce giant will lay off more than 17,000 people worldwide, exceeding the original plan of 10,000. “The decision to cut 18,000 jobs globally will affect about 1,000 employees in India,” …
Read more “Amazon’s latest layoff plan: About 1,000 employees will be fired in India!”
Coscline news–eMarketer’s latest forecast shows that TikTok’s social buyer penetration rate and user usage time are rising rapidly, and are expected to surpass Facebook and Youtub respectively in 2023. Research shows that TikTok’s social buyer penetration in the U.S. is climbing rapidly, now surpassing Pinterest. By the end of 2023, it will beat Instagram and …
Read more “In 2023, TikTok will become the industry’s first in these two aspects”
Coscline News——Chief Executive Officer Andy Jassy announced the move in a memo to staff Wednesday, saying it followed the company’s annual planning process. The cuts, which began last year, were previously expected to affect about 10,000 people. The reduction is concentrated in the firm’s corporate ranks, mostly Amazon’s retail division and human resources functions like recruiting. …
Coscline news — On January 3, Amazon said it had reached an agreement with a number of lenders that will provide Amazon with $8 billion in unsecured loans. The loan was arranged by TD Securities (USA) LLC and will mature in 364 days (January 3, 2024), with an option to extend for a further 364 …
Read more “Amazon won $8 billion in unsecured loans and will go all out to deal with uncertainty!”
According to the latest news from Coscline, the schedule reliability of global shipping companies will continue to improve in November 2022, with a month-on-month increase of 4.7% to 56.6%. According to the latest report by Sea-Intelligence , a Danish maritime data analysis company, the average delay rate of ships has also continued to improve since the …
Read more “MSC overtook Maersk for the first time to become the most reliable carrier”
Coscline News–Amazon is working on a standalone app for watching sports. Sports remains one of the biggest attractions for live viewing as U.S. audiences increasingly switch from pay TV subscriptions to streaming apps. The move will likely complement Amazon’s effort to double down on sports programming through its Prime Video service, a key channel to …
Read more “Amazon planning standalone app for sports content“