This is your host, The Badger, providing you with the top Amazon news stories this week. Welcome to Amazon Weekly Digest!
This week, Twitter announced a profit for the first time, the Philadelphia Eagles won the Superbowl, SpaceX successfully launches a rocket, and an angry Amazon seller gets pitched a new counterfeit prevention service.
Holly MacLean of Wee Urban almost took her inventory off Amazon until they proposed she join a counterfeit effort to clean up Amazon’s marketplace and install law and order.
Her frustration was that Wee Urban had too many impostors and her sales plunged 80% in 2017. She was promised help by Amazon under a new program named Transparency. Since then, her Amazon account has spiraled out of control and other sellers have been making money off her brand. Now, she’s hired a lawyer to take on the eCommerce giant.
In other Amazon news:
Well, we knew the would come. Amazon can now deliver groceries from Whole Foods in two hours if you’re a prime member. The service will come to Cincinnati, Virginia Beach, Dallas, and most importantly, Austin.
Bloomberg released a podcast discussing the disruption of the healthcare industry by Amazon, JPMorgan Chase and Berkshire Hathaway.
With the stocks fluctuating, Amazon is about to beat our Microsoft on Wednesday with its market capitalization at $69.4 billion.
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