Shein Seeks Amazon Sellers?!

This week is all about SPEED!

We know how fast things can change in the e-commerce world. And this week, speed is the name of the game. As we tread into another week of game-changing innovations, here's what you need to know:

• Amazon is expanding its same-day delivery?capabilities as part of its efforts to enhance speed and efficiency.
• Meta is developing AI-powered chatbots?in an effort to retain users.
• Shein is actively looking for Amazon sellers?to join its online marketplace.
• Fanatics ventures into the live events arena?with the launch of their new live commerce shopping application.

The Amazon Corner

Packages in a Flash:?Amazon is Expanding its Same-Day Delivery

Fast, faster, Amazon!?On July 31, Amazon.com Inc. revealed its plans to expand the number of same-day delivery facilities in the United States. This strategic move is aimed at solidifying Amazon's position as the frontrunner in the $1.4 trillion online shopping market.

Ensuring swift delivery remains a top priority for Amazon. According to the company, over half of all orders made by Prime subscribers in the 60 largest metropolitan areas were received within the same or next day during the most recent quarter. Moreover, Amazon reported delivering more than 1.8 billion items to Prime members in the U.S. through same-day or one-day delivery so far this year, marking a remarkable fourfold increase compared to the same period in 2019.

Check out the full story here...

Top Retail and E-commerce Stories

Taking Over Amazon:?Shein is Currently Seeking Amazon Sellers to Join its Online Marketplace

A quest to take over Amazon...?Shein Group Ltd is actively seeking Amazon sellers to join its newly launched online marketplace. To entice Amazon sellers, Shein offers attractive incentives such as zero commissions and reduced ad fees on their platform.

According to The WSJ, Shein is providing incentives to Amazon sellers who transition to their new marketplace. Sellers with at least $2 million in annual sales on Amazon are eligible for perks such as three months without commission fees and no charges for advertising. These enticing offers aim to motivate sellers to make the move and take advantage of the benefits offered by Shein.

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