Not An Amazon Prime Member? Your Minimum Order Value For Free Shipping Just Went Up by 40%

Not An Amazon Prime Member? Your Minimum Order Value For Free Shipping Just Went Up by 40%

Benzinga News 29.08.2023

Amazon.Com, Inc (AMZN ) raised its free shipping minimum to $35 for non-Prime customers in some regions. To date, the free shipping minimum was $25.

Prime members who pay $139 a year enjoy free delivery on over 300 million items, CNBC reports.

Amazon had boosted the minimum free shipping to $49 from $35 back in 2016 and then revised it to $35 in 2017. It later lowered the price to $25 to rival Walmart Inc (WMT ), which has a $35 free shipping minimum for non-Walmart+ customers.

Amazon slashed 27,000 jobs in 2023 and paused corporate hiring, joining its peers amid the current macro environment laden with uncertainties.

It also started charging delivery fees for Fresh grocery orders that are less than $150, removing a perk that gave Prime members free delivery on orders over $35.

Amazon has already leveraged artificial intelligence to speed up deliveries.

It tapped AI to drive its logistics, including transportation, where customers search for products on Amazon.

The company is amid multiple initiatives, including designing custom microchips for AWS' generative AI training, logistics and delivery mechanism restructuring, and a grocery business overhaul to unlock shareholder value.

Price Action: AMZN shares traded higher by 0.14% at $133.32 premarket on the last check Tuesday.

-

-

-

-

-

-

Market Update: Dow Climbs Over 450 Points as Nvidia Earnings Impact Broader Market

Stocks rose higher on Thursday as market participants assessed Nvidia's earnings report. The Dow Jones Industrial Average climbed over 450 points, while the S&P 500 Index added more than 0.5% and the Nasdaq Composite traded 0.03% higher.

Amazon Eyes Global Shipping Network

Amazon Makes Agressive Moves Against Competitors

Clothing Leads E-Commerce for the First Time

Amazon Builds Brick and Mortar Store

The World's Seven Richest Men

Etsy Unveils New Website Template Subscription Service

Amazon Eyes Global Shipping Network Even when you thought Amazon (NASDAQ: AMZN) had expanded into every sector it could, the company is currently developing its own courier and...

Amazon Eyes Global Shipping Network Even when you thought Amazon (NASDAQ: AMZN) had expanded into every sector it could, the company is currently developing its own courier and...

Amazon Makes Agressive Moves Against Com... Online marketplace Amazon (NASDAQ: AMZN) is making waves in multiple industries with aggressive moves. This appears to be a play at expandin...

Amazon Makes Agressive Moves Against Com... Online marketplace Amazon (NASDAQ: AMZN) is making waves in multiple industries with aggressive moves. This appears to be a play at expandin...

Clothing Leads E-Commerce for the First... Clothing and accessories became the largest e-commerce category last year for the first time, outstripping computer hardware. In 2015, cons...

Clothing Leads E-Commerce for the First... Clothing and accessories became the largest e-commerce category last year for the first time, outstripping computer hardware. In 2015, cons...

Amazon Builds Brick and Mortar Store In a move that surprised many, Amazon (NASDAQ: AMZN) recently made another aggressive (put hyperlink where bold is http://paszport.ws/post/s...

Amazon Builds Brick and Mortar Store In a move that surprised many, Amazon (NASDAQ: AMZN) recently made another aggressive (put hyperlink where bold is http://paszport.ws/post/s...

The World's Seven Richest Men 1. Bill Gates ($75 billion)Bill Gates is perhaps equally known for creating Microsoft (NASDAQ: MSFT) as well as his and his wife's charity,...

The World's Seven Richest Men 1. Bill Gates ($75 billion)Bill Gates is perhaps equally known for creating Microsoft (NASDAQ: MSFT) as well as his and his wife's charity,...

Etsy Unveils New Website Template Subscr... The peer-to-peer e-commerce site Etsy (NASDAQ: ETSY) recently announced an expansion of its revenue stream with the introduction of Pattern...

Etsy Unveils New Website Template Subscr... The peer-to-peer e-commerce site Etsy (NASDAQ: ETSY) recently announced an expansion of its revenue stream with the introduction of Pattern...

Join now and unlock premium features

Access to premium stock and ETF data including financials, holdings and more
Participate in trading contests and earn real prizes
Sync you favorite articles and symbols between all of your device
And much more