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Amazon Grabs 29% of Online Orders Ahead of Christmas
AmazonAmazon(US:AMZN) PYMNTS·2024-01-04 21:24

Amazon reportedly saw its investment in faster delivery bear fruit just before Christmas.In the two weeks leading up to the holiday, the tech giant garnered 29% of global volume of online orders, Bloomberg News reported Thursday (Jan. 4), citing data on 55 million orders from package-tracking app Route. That 29% was up from 21% during Thanksgiving week.“It’s a pretty sharp shift in how consumers shop,” Michael Yamartino, Route’s chief executive officer, told Bloomberg. “The top priority in the days leading ...