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Amazon is upping the ante with a one-day shipping plan Amazon is working to whittle its core free Prime Two-Day Shipping program down to just one day.
The e-tailer has set aside $800 million for this investment in its Q2 guidance and says it's already started significantly expanding its one-day eligible selection and increasing the number of zip codes where one-day shipping is available.
Setting free one-day shipping as the standard for Prime could electrify the subscription service at a time when it's showing signs of saturation in the US.
And if one-day shipping becomes the new norm, it would be disastrous for Amazon's competitors, which would need to innovate quickly to avoid losing customers.
Business Insider Intelligence's Gregory Magana has the full story. |
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| | | Verizon is taking a temporary break from its plans to charge an additional $10 per month for its mobile 5G service, according to company statements. Read More → |
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| | | Amazon has launched its freight brokerage platform, which enables shippers to get instant quotes and match with a freight service. Read More → |
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| | | Marriott International is launching a home rental offering that will feature 2,000 "premium and luxury homes" in more than 100 locations in the US, Europe, Caribbean, and Latin America. Read More → |
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| | | US-based telecom AT&T has launched its narrowband IoT (NB-IoT) network across the US, making good on its announcement from last summer that it would have the network up and running by the spring of 2019. Read More → |
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| | | The ability of "Endgame" to draw such massive numbers was years in the making, thanks to Disney's years-long investment in franchises coming out of its series of studio acquisitions under CEO Bob Iger, Read More → |
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| | | San Francisco-based workplace communication platform Slack filed for its IPO on Friday and underscored the healthcare privacy regulation it will need to clear as it boosts its health play. Read More → |
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| | | Influencers and media companies that work with brands on Instagram will soon be able to use the in-app checkout feature the company began testing in March. Read More → |
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| | | Facebook announced several updates to its Portal video calling device at its F8 developer conference. The updates include both expanded availability and new features. Read More → |
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| | | Google has opened its Android Automotive operating system (OS), which will power cars' infotainment systems, to third-party apps. Read More → |
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| | | IBM and Thomson Reuters have teamed up to launch a new AI-powered regtech solution to help banks better navigate growing regulatory requirements. Read More → |
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| | | Much like card payments improved the experience of fumbling for cash and waiting for change, a checkout-free experience will consistently reduce time and effort: Consumers will be able to pay automatically after identifying themselves via a profile with a preselected payment method. The In-Store Checkout Revolution forecasts the expansion of autonomous checkout stores and their payments volume over the next five years and looks at the payment flows for the two types of autonomous checkout experiences. Learn More → |
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| | | Generation Z holds up to $143 billion in spending power, but hasn't yet developed brand loyalties that dictate where to store and spend that money. Business Insider Intelligence uses a six-point framework — developed based on industry research and conversations — to explain the core attributes that Gen Z values in a product. It then explains how each of these attributes can be applied to banking and payments products, and offer actionable recommendations, strategies, and examples for how to implement them to grab younger customers ahead of the competition. Learn More → |
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| | | 5G wireless will be the No. 1 technology to watch in the coming years — but it’s not the only technology you should have on your radar. In the 2019 Technology Trends Report in China, EqualOcean, a leading China-focused industrial tech media and investment innovation research firm, breaks down eight evolving technologies that deserve special attention. These technologies are either currently undergoing or about to undergo major phases of change. Learn More → |
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Social media engagement is more important for millennials than personalized bank branches. | | |
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Over half of US Tech Early Adopters say social platforms should only moderate content that violates the law. | | |
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Private label sales growth is flying past national brands’. | | |
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