Monday, Jul 16th 2018

Happy Amazon Prime Day


Today is Amazon Prime Day. The shopping extravaganza starts at 3pm ET today and extends a whole 36 hours.

This exclusive day is only open to Amazon Prime members. They pay $119 a year for perks like free 2-day shipping, video streaming on Prime Video, Amazon Music, and more.

If you're curious on numbers: a few months ago, Amazon disclosed Amazon Prime membership numbers for the first time. Prime now has more than 100 million subscribers worldwide.

Prime Day is just another way of expanding its already huge strangehold on the online retail space. Of all online retail spend, Amazon captures 49.1%. eBay is a distant #2, with 6.6% of the U.S. market.

Prime Day is a big deal, but it's far from the busiest e-commerce shopping event in the world. China's leading online retailer, Alibaba, hosts "Singles Day" every year...and it makes Prime Day look tiny. Last year, sales hit $25.3 billion. Amazon is expected to hit $3.4 billion this year. Shoppers spent $1 billion in the first two minutes.

As of this writing, AMZN was a portfolio holding of Titan. This security may cease to be a portfolio holding at some point in the future.
Back to Research ↗

Learn with titan

Investment articles and resources

Become the smartest investor you've ever been through straightforward, easy-to-read investment articles.

What Are Cyclical Stocks & How Do They Work?

What Is an NFT? Non-Fungible Tokens Explained

Understanding Low-Float Stocks

What Is the Nasdaq Stock Exchange?

Let's Get Started

Ready to become a client?

Create an account with us in two minutes.

Or scan to get the app

We're building the best investment platform, ever

Titan Global Capital Management USA, Inc ("Titan") is an investment adviser registered with the Securities and Exchange Commission (“SEC”). By using this website, you accept our Terms of Use and Privacy Policy. Titan’s investment advisory services are available only to residents of the United States in jurisdictions where Titan is registered. Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities. Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections are hypothetical in nature and may not reflect actual future performance. Account holdings are for illustrative purposes only and are not investment recommendations. The content on this website is for informational purposes only and does not constitute a comprehensive description of Titan’s investment advisory services.

Refer to Titan's Program Brochure for more information. Certain investments are not suitable for all investors. Before investing, consider your investment objectives and Titan’s fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Brokerage services are provided to Titan Clients by Titan Global Technologies LLC and Apex Clearing Corporation, both registered broker-dealers and members FINRA/SIPC. For more information, see our disclosures. Contact: 508 LaGuardia Place NY, NY 10012. Information provided by Titan Support is for informational and general educational purposes only and is not investment or financial advice. Check the background of these firms on FINRA's BrokerCheck.

© Copyright 2022 Titan Global Capital Management, Inc. All Rights Reserved.