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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 249.97+0.2%3:57 PM EST
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From: Sr K8/21/2022 1:05:49 PM
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Amazon Adds Revenue Streams as Holiday Season Approaches

Online retailer has felt inflationary pressures throughout its e-commerce business

Amazon is passing on some costs to sellers that use its e-commerce platform. PHOTO: JEREMY M. LANGE FOR THE WALL STREET JOURNAL

By Sebastian Herrera

Aug. 21, 2022 10:15 am ET

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Amazon.com is adding new revenue streams ahead of the holiday season to help it counter inflationary pressures and other rising costs and as it recalibrates following a pandemic boom.

The company is passing on some costs to the sellers that use its e-commerce platform and plans to hold a second deals event for Prime members after having completed its annual Prime Day shopping extravaganza in July.

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