Prime Day Spending Up 6%, as Amazon Touts Small Firms
Amid antitrust and other scrutiny, Amazon touted Prime customers spending $1.9 billion on more than 70 million small business' products over the two-day Prime Day that wrapped up Tuesday. Small- and medium-sized firms that sold on Amazon grew revenue 100%,…
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said the platform Wednesday. The $11 billion industrywide e-commerce spending during the event suggested a “pent up demand for online shopping as consumers look forward to a return to normalcy,” emailed Adobe Digital Insights Director Taylor Schreiner. Also Wednesday, the House Judiciary Committee marked up legislation targeting tech companies including Amazon (see 2106230063).