Amazon celebrates 'biggest holiday' as Prime members surge
Publishing timestamp: 2017-12-26 14:56:48
Summary
Amazon had a successful holiday season in 2017, with record levels of shopping on its website and over 4 million new Prime members. The company's devices, such as Echo Dot and Fire TV Stick, were top sellers, and the Amazon app saw a 70% increase in usage. Amazon is expected to capture over 50% of new holiday online sales, leaving other retailers to strategize on how to compete.
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Keywords: amazon.com inc, business news, business, holiday shopping, retail industry, technology,
Source: https://www.cnbc.com/2017/12/26/amazon-celebrates-biggest-holiday-as-prime-members-surge.html