Amazon Prime Day 2019 surpassed Black Friday and Cyber Monday combined, this year featuring a variety of innovative tools to engage customers through experiences and via multiple channels.
Coresight Research's global team will have live coverage of Amazon Prime Day 2019, from Asia, Europe and the US throughout the event. Coresight Research estimates Amazon could generate approximately $5.8 billion in global product sales on Prime Day 2019, up by around half from our $3.9 billion estimate for 2018.
On July 9, 2019, Google announced an agreement to acquire enterprise file-storage provider Elastifile for an undisclosed figure via a blog post.
On July 9, 2019, Cisco announced an agreement to acquire optical-networking equipment manufacturer Acacia Communications for a $2.6 billion in cash, net of cash and marketable securities.
On July 2, 2019, NCR announced the acquisition of D3 Technology, Inc., a leading provider of online and mobile banking for the Large Financial Institution (LFI) market, for an undisclosed figure.
Coty Inc. (NYSE: COTY), announced a turnaround plan on July 1, 2019, designed to improve performance, especially in consumer beauty and to optimize its luxury and professional beauty businesses.
The RealReal raised $300 million in its June 28 NASDAQ IPO. The stock went up 44.5% to $28.90 per share in its first day.
Alibaba's Tmall Global, China's largest business-to-consumer (B2C) cross-border online marketplace, launched its first English-language website on June 26
Amazon has announced the timing of its annual Prime Day, which this year will be a two-day shopping festival starting July 15, just after midnight Pacific Time.
On June 18, 2019 Facebook a new subsidiary named Calibra, whose first project is a digital wallet for a new global currency called Libra that is powered by blockchain technology but backed by real assets.
Carrefour has agreed to sell an 80% stake in its China business to Suning.com.
Walmart is testing “Delivery Unlimited,” a new unlimited grocery delivery subscription service in three US cities: Miami, Salt Lake City and Tampa, offering a year of unlimited free delivery for a flat fee of $12.95 per month or $98 annually.
Chinese e-commerce companies Alibaba and JD.com have both recently formed partnerships with Russian companies in the e-commerce space.
Alibaba has filed for a Hong Kong listing, potentially Hong Kong’s biggest offering since 2010. The listing could raise up to $20 billion.
Hudson’s Bay Company Reviewing Proposal to Go Private, Announces Sale of German Operations for $1.5 Billion
HBC announced that a special committee is reviewing a shareholder proposal to privatize the company. HBC also announced it had entered into an agreement to sell its real estate in Germany for $1.5B.