Amazon calls 2016 holiday season its best ever; shares rise


  • TECH Premium
  • Wednesday, 28 Dec 2016

Hot product: Samsung Electronics Co Ltd's Gear VR virtual reality headset is one of the best sellers on Amazon.

Amazon.com Inc said it shipped more than one billion items worldwide this holiday season, which the top online retailer called its best ever, and its shares rose 1.6% in afternoon trade. 

The Amazon Echo home assistant and its smaller version, Echo Dot, topped the best-sellers list, said Jeff Wilke, chief executive of Amazon's worldwide consumer division, in a press release.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights
   

Next In Tech News

Spain's Cabify plans online grocery delivery in Latin America in 2022 Premium
Australia to raise possibility of more legislation on tech giants with new inquiry Premium
Battery maker Factorial Energy enters investment deal with Daimler, Stellantis Premium
JPMorgan to back KKR's 45 billion euro financing in TIM deal -paper Premium
Zoom gets sued by Japanese company that stakes claim on name Premium
Welcome to Musklandia: Austin adjusts to life with Tesla and its eccentric billionaire boss Elon Musk Premium
UK watchdog orders Facebook owner Meta to sell Giphy Premium
Unifi promises service restoration in 24 hours or RM50 billing rebate to customers Premium
LG Energy Solution gets preliminary approval for IPO Premium
South Korea set to delay crypto taxation by one year to begin in 2023 Premium

Others Also Read


Vouchers