Market Chatter: Amazon's Prime Day Generated $26.4 Billion in Sales

MT Newswires Live16:45

Amazon's (AMZN) Prime Day discounts generated more than $26.4 billion in sales from June 23 to June 26, a 9.3% year-over-year increase, Reuters reported over the weekend, citing Adobe (ADBE) Analytics data.

Discounts during the four-day event encouraged consumers to purchase pricier electronics, toys, appliances, and personal care products, according to the report.

Amazon did not immediately reply to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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