📦 The Order : Weekly Roundup - Amazon Q1, AI news & CEO updates
Issue #161
Happy Sunday,
Here’s a quick roundup of last week’s news :
Chart of the Week: Amazon Q1
Reuters titles ‘Amazon results beat estimates, revenue forecast misses’ — notably:
Online Stores at $54.7B in Q1 (+7% YoY)
Third Party Seller Services at $34.6B in Q1 (+16% YoY)
Advertising at $11.8B in Q1 (+24% YoY)
Detailed results here.
An Experiment: The Order Snippets 🗞
Movers & Shakers 💪
CEO Update 1 | Thrasio where Stephanie Cox (previously COO) takes the reighs: ‘Amazon aggregator Thrasio loses CEO, other top execs as company works through bankruptcy’ [CNBC]
CEO Update 2 | GoNorth where Ryan Looysen takes over as CEO [GoNorth]
Strategy 🦈
Amazon is the everything-plus-AI store [Reuters]
For the data nerds: “Evaluating the helpfulness of AI-enhanced catalogue data” [Amazon Science]
Amazon Prime Day 2024: Everything you need to know [ZDNet]
Amazon’s latest actions against fake review brokers [Amazon]
Amazon’s Prime delivery speeds are faster than ever so far in 2024 [Amazon]
Amazon’s Fast Delivery Moat [Marketplace Pulse]
Advertisers share early reactions to Amazon Prime Video ads and the perks it's offering: 'They have a very strong seat at the table' [Business Insider]
Job Opportunity 👩🚀
Operations Specialist - Amazon Automation Control Center ]with Autopilot]
Events 🎤
Pattern Accelerate, May 9-10 in Salt Lake City
Amazon Ads Developer Summit, May 16-17 in New York
Shoptalk Europe, Jun 3-5 in Barcelona
Amazon Seller Partner Dev Summit, Jun 28-29 in Seattle
Amazon Accelerate, Sep 17-19 in Seattle
Make this week count 🙌
Christian