E-Commerce

Cyber Monday Sales Fall for First Time Ever

Cyber Monday online sales have reportedly fallen for the first time, dropping 1.4 percent from last year to $10.7 billion, according to data released on Tuesday by Adobe Analytics. The report also indicated that out-of-stock messages on relaters’ websites were up 169 percent when compared with pre-pandemic years.

At an event today in Chicago, Amazon employees from nearby fulfillment centers packed 2,000 care packages to send to soldiers abroad who are not able to come home for the holidays Friday, December 4, 2015. Since 2010, Amazon has shipped more than 12 million packages to APO and FPO addresses. …

China Targets Its Tech Giants with Anti-Monopoly Rules

China’s State Administration for Market Regulation (SAMR) released the final version of its new antitrust rules on Sunday, evidently concluding a debate within the Chinese Communist Party (CCP) over how China’s high-flying technology titans should be reined in. The final draft of the rules places heavy new restrictions on firms like Alibaba, but the rules are not as stifling as they could have been.

Alibaba

Amazon Cuts Rates for Affiliate Marketing Program

Amazon reportedly told members of its affiliates program on Tuesday that it will be cutting commission rates beginning on April 21. The “Amazon Associates” affiliate marketing program pays a percentage of sales to publishers that direct consumers to Amazon via links on their website and social media.

Amazon founder Jeff Bezos during the JFK Space Summit at the John F. Kennedy Presidential Library in Boston, Wednesday, June 19, 2019. (AP Photo/Charles Krupa)