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Top related persons:
Chris Wattie - 1 Jeff Hoffmeister - 1 Shopify - 1 Michael Morton - 1 Hunter - 1 Harley Finkelstein - 1 Angelo Zino - 1 Zino - 1
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New York City Ottawa , Ontario Canada LSEG Ottawa SFR America
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REUTERS - 1 Walmart - 1 CFRA - 1 Thomson - 1 Amazon Web Services - 1 Pau Barrena - 1 Agence France - 1 Attom - 1

Search resuls for: "Seller Services"


7 mentions found


☆ Shopify merchants seek AI boost for key sales decisions
  + stars: | 2023-11-01 | by ( Arriana Mclymore | Thomson Reuters | Arriana Mclymore Is A New York-Based Reporter Covering E-Commerce | ) www.reuters.com   time to read: +3 min
It also provides apps for merchants to sell directly on marketplaces like Amazon and Walmart, which are also building out AI additions for merchants. As part of the AI suite, Shopify launched AI app Sidekick, which helps sellers decide on inventory, promotions and marketing, lessening their dependence on third-party widgets. Analysts expect sales of Shopify's merchant products, which includes Shopify Magic, to increase 21% to $1.2 billion compared to last year, the first deceleration in four quarters. Shopify Magic is part of the company's long-term strategy to gain more merchants on its platform that will pay higher prices for its services. Shopify's subscriptions include Shopify Magic at no additional charge.
Persons: Chris Wattie, Jeff Hoffmeister, Shopify, Michael Morton, Hunter, Harley Finkelstein, Angelo Zino, Zino, Arriana McLymore, Josie Kao Organizations: REUTERS, Walmart, CFRA, Thomson Locations: Ottawa , Ontario, Canada, LSEG, Ottawa, New York City
☆ Amazon Beefs Up Bottom Line as AI Battle Shapes Up
  + stars: | 2023-10-27 | by ( Dan Gallagher | ) www.wsj.com   time to read: 1 min
Results for Amazon Web Services, the company’s cloud-computing division, were more closely watched than normal this quarter. Photo: Pau Barrena/Agence France-Presse/Getty ImagesAmazon might not yet be the clear winner in the race among tech giants over artificial intelligence. Total revenue of $143.1 billion was up 13% from the same period last year, which exceeded the 11% growth Wall Street was expecting. And operating income soared, hitting a record $11.2 billion compared with $2.5 billion in last year’s third quarter—exceeding analysts’ consensus target by nearly half. That was helped by sharp growth in advertising and third-party seller services—both of which offer superior profit margins compared with Amazon’s more typical retail sales.
Persons: Pau Organizations: Amazon Web Services, Pau Barrena, Agence France
☆ Wall Street landlords are selling homes back to Main Street. Here's what it might mean for runaway housing prices.
  + stars: | 2023-08-03 | by ( Alex Nicoll | ) www.businessinsider.com   time to read: +8 min
The companies — Invitation Homes and AMH — have already sold 1003 homes this year, through July, to non-corporate buyers, according to Insider's analysis of data from real estate tracker Attom Data. The group, which has included Wall Street firms like Blackstone (which spun off Invitation Homes), has been blamed for exacerbating the housing shortage that has pushed real-estate prices sky-high. One exception might be in 2019 when Invitation Homes sold 785 homes to non-corporate buyers, versus 225 sales through July of this year. The lack of housing supply, which has kept prices high even as mortgage rates rise, makes selling homes in markets that cost more to operate rentals a profitable play. In reporting earnings last week, Invitation Homes increased its core revenue guidance for the rest half of the year because its rent prices actually outperformed expectations.
Persons: —, AMH, Jon Olsen, execs, Dallas Tanner, Tanner, Gary Beasley, Roofstock, Beasley, He's, Dave Singelyn, Singelyn Organizations: Attom, Wall, Blackstone, Invitation Homes, SFR, Invitation, MLS, Homes, Sun, Wall Street, Homeowners, Seller Services Locations: SFR, New York City, America
☆ Shopify tried to challenge Amazon in logistics. It never came within 100 miles. Was it all a waste?
  + stars: | 2023-05-04 | by ( Emma Cosgrove | Madeline Stone | ) www.businessinsider.com   time to read: +7 min
Shopify is selling most of its logistics business to freight unicorn Flexport in an all stock deal. Though Shopify's logistics journey began in 2019 as Shopify Fulfillment Network, the current iteration is less than a year old, and investors had become wary of the level of investment that getting the outfit into competitive shape would take. The acquisition was previously considered key to Shopify's fulfillment ambitions, and its team has been involved in the company's efforts to develop fulfillment software. Derek Lossing, an Amazon Logistics alum-turned investment advisor with Cirrus Global Advisors, said an acquisition-driven strategy may have been the right course — especially when the alternative involved contracting with legacy logistics players, which can take months. To some, the question of whether Shopify's layover into logistics was a waste of talent, time, and resources, can't be answered until Flexport takes hold and Clark flexes the muscles he gained building Amazon Logistics.
☆ Amazon’s Cloud Casts a Shadow
  + stars: | 2023-04-28 | by ( Dan Gallagher | ) www.wsj.com   time to read: 1 min
Amazon reported strong quarterly results, but its cloud business rained a bit on the party. Photo: Cfoto/Zuma PressAmazon .com sells an awful lot of goods and services to generate half a trillion dollars in annual revenue. Amazon’s first-quarter results late Thursday were strong in many respects. Revenue rose 9% year over year to $127.4 billion, beating Wall Street’s projections for 7% growth. That was driven by better-than-expected sales across most of the company’s business lines, particularly advertising, subscription services and third-party seller services.
☆ Amazon expands its service that adds Prime badge to other sites
  + stars: | 2023-01-10 | by ( Annie Palmer | ) www.cnbc.com   time to read: +2 min
Amazon said Tuesday it's expanding a service that lets merchants add the vaunted Prime badge to products on their own websites. The Buy with Prime program, first announced last April, allows Prime members to check out on other retailers' sites using their Amazon account and receive free, two-day delivery. The service launched as an invite-only program, but will become available to all U.S. sellers by Jan. 31, Amazon said. The e-retailer also announced a new add-on to the program that lets merchants show reviews and ratings from their Amazon listings on their sites. Amazon did not disclose how much it charges merchants to use Buy with Prime.
☆ We're disappointed by Amazon's terrible results, stock plunge; but sticking with it for now
  + stars: | 2022-10-27 | by ( Jeff Marks | ) www.cnbc.com   time to read: +9 min
Considering all the cross currents and a terrible initial stock reaction, we're going to sit tight on the stock for now. Segment Q3 sales Online Stores: $53.49 billion, up 13% year over year excluding-FX, missed the $54.27 billion expected. Physical Stores, mostly Whole Foods: $4.69 billion, up 10% from last year ex-FX, in line with the $4.71 billion expected. AWS: $20.54 billion, up 28% year over year excluding-FX, and a miss versus the $21.2 billion expected. Advertising Services: $9.55 billion, up 30% year over year excluding-FX, and a slight beat versus the $9.481 billion expected.
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