Browsing: Amazon

The company has crossed the $3 trillion market valuation for the first time, joining one of Wall Street’s most exclusive clubs. But investors didn’t push the stock to record highs because more people bought products online.

A new requirement aims to push sellers to offer more accurate delivery dates on self-fulfilled SKUs, which the company said can boost sales.

Ukraine hit at least two warehouses belonging toRussia’s e-commerce giant Wildberries in overnight strikes on Monday, adding to a series of drone attacks that have targeted the online retailer.

The increase, averaging 17 cents per unit for U.S. Fulfillment by Amazon services, comes as supply chains grapple with fuel costs tied to the Iran war.

New Jersey is suing Amazon over allegations the e-commerce giant is using its market power to suppress wages and limit opportunities for thousands of delivery drivers in the state.

Sellers had months to prepare for the new DD+7 policy that Amazon warned would cause a cashflow crunch when implemented on March 12, but now that the date has come and gone, many sellers are filled with uncertainty and are asking colleagues what changes they’ve seen.

Some Amazon sellers are calling for a one-day boycott of the company’s advertising platform next week, urging merchants to turn off their ads on April 15 to protest a new payment policy they say will strain their cash flow.

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The company’s ongoing 3.5% fuel and logistics surcharge will apply to the peak season fees, which start Oct. 15.

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