By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
TechziTechziTechzi
  • Home
  • Community
    • Our Review
    • Join Our Slack community
    • Referral: Richieee
    • Referral: 6 for 6
  • Publications
    • Special Report: SE Asian Startup Funding
    • Top 30 Most Funded Southeast Asia Startups
  • Agencies
  • About
    • About us
    • Contact
Search
© 2023 Techzi . All Rights Reserved.
Reading: Amazon Prime Day 2024 Rings Up Record-Breaking $14.2 Billion
Share
Font ResizerAa
TechziTechzi
Font ResizerAa
Search
  • Home
  • Community
    • Our Review
    • Join Our Slack community
    • Referral: Richieee
    • Referral: 6 for 6
  • Publications
    • Special Report: SE Asian Startup Funding
    • Top 30 Most Funded Southeast Asia Startups
  • Agencies
  • About
    • About us
    • Contact
Have an existing account? Sign In
Follow US
© 2023 Techzi . All Rights Reserved.
e-CommerceFAANG

Amazon Prime Day 2024 Rings Up Record-Breaking $14.2 Billion

Nicole Kristine Jovero
Last updated: July 23, 2024 2:19 am
Nicole Kristine Jovero
Share
1 Min Read
SHARE
  • Amazon Prime Day 2024 hits record $14.2 billion in sales.
  • Mobile shopping surges, accounting for nearly half of transactions.
  • Electronics and furniture drive growth, with buy-now-pay-later options gaining popularity.

Contents
Shopping spree on steroidsBargain hunters go big

Shopping spree on steroids

Amazon’s Prime Day 2024 hit a new high, with U.S. consumers splurging $14.2 billion across the two-day event, according to Adobe Analytics. This marks an impressive 11% increase from last year’s $12.7 billion total.

Day one saw $7.2 billion in sales, up 11.2% year-over-year, followed by $7 billion on day two, a 10.4% increase.

Bargain hunters go big

Mobile shopping surged by 18%, accounting for nearly half of all transactions.

Amazon’s Rufus AI assistant played a significant role, helping millions of customers navigate their purchases. The average order value climbed to $57.97, up from $56.64 in 2023 and $53.14 in 2022.

Electronics, furniture, and back-to-school items drove much of the sales growth.

Adobe’s lead analyst, Vivek Pandya, noted that Prime Day acted as a catalyst for these categories, which had seen sluggish growth earlier in the year.

Buy-now-pay-later options contributed $1.08 billion to the total sales, highlighting consumers’ appetite for flexible payment methods during the shopping extravaganza.

TAGGED:div5

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook X Copy Link Print
Share
Previous Article Beckham Bends It Into Biotech
Next Article SpaceX’s Super-Sized Dragon to Orchestrate ISS’s Grand Finale

Subscribe to our newsletter to get our newest articles instantly

Please enable JavaScript in your browser to complete this form.
=

Stay Connected

XFollow
InstagramFollow
YoutubeSubscribe
TiktokFollow

Latest News

Techzi is Pausing
Media December 24, 2024
Twitch Pioneer Emmett Shear Launches Mysterious AI Venture
AI December 24, 2024
OpenAI CEO Labels Musk a ‘Bully’ in Latest Tech Titan Clash
AI December 24, 2024
AI Revolution Could Spark Live Entertainment Boom
Culture December 24, 2024

You Might also Like

StartupsVC

Antler Bets $2M on 15 Startups Across Singapore, Indonesia

February 12, 2024
StartupsVC

India’s Startup Scene Ignites: A 2025 IPO Explosion Looms

December 4, 2024
Fintech

Southeast Asian InsurTech Sector Booms Despite Economic Headwinds

August 30, 2024
AI

TeamSolve Secures $2.5M for Industrial AI Co-Pilot

October 4, 2024
Social Media

Telegram Under Fire for Rampant Illegal Activity on Platform

September 13, 2024
FintechStartups

Xendit Cuts Workforce to Streamline Operations

February 12, 2024
CreatorsCulture

A Chat with Shelly from Linen & Homes

April 11, 2024
e-CommerceFAANG

Walmart Mimics Amazon’s Tiny Order Strategy for E-Commerce Success

June 19, 2024
Culture

Compawnion Woofs Up Funding to Dish Out Tasty Treats for Your Furry Friends

February 12, 2024
Fintech

Indonesian Fintech Finfra Secures $2.5M to Democratize Lending

November 8, 2024
AIFAANG

Thomson Reuters Explores Generative AI Partnerships

February 12, 2024
FAANG

Meta Passes Rising Apple Tax to Advertisers for Facebook, Instagram Boosts

February 26, 2024

Techzi

SE Asian tech news: Free & Comprehensive. Read more

Quick Links

  • Logistics
  • Marketplace
  • Mobility
  • Startups
  • VC
  • Food tech
  • Gaming
  • Health-Tech
  • Media
  • Social Media
  • SaaS
  • Travel

Quick Links

  • AI
  • Edutech
  • Climate
  • Creators
  • Crypto & Web3
  • Culture
  • Deep Tech
  • e-Commerce
  • FAANG
  • Fashion
  • Fintech

Techzi Tech Newsletter

FREE and Curated by Tech Insiders

Legal

Privacy Policy

Terms & conditions

TechziTechzi
Follow US
© 2024 Techzi . All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?