Amazon (AMZN) CEO says seeing lower selling prices now because customers continue to trade down price when they can
Says:
- Discretionary, higher ticket items like computers or electronics growing faster vs industry, but slower than we see in a robust economy.
- Seller fees are a little lower than expected given the behaviour changes we've seen from our latest fee changes.
- Customers continue to respond positively to our focus on low prices.
01 Aug 2024 - 22:42- EquitiesImportant- Source: Newswires
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