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Bloomberg writes that "Amazon.com shareholders are cheering the company’s big push to accommodate last-minute holiday orders and a coinciding shift of consumer spending from brick-and-mortar stores to websites and smartphone applications.

"The company’s shares have more than doubled this year and are closing in on $700, with some analysts raising their price targets to $800 and higher. Investor enthusiasm suggests a strong fourth quarter will endure into 2016, enabling Amazon to continue to gobble up market share even as rivals such as Walmart Stores Inc. and Target Corp. expand their online delivery options."

The story goes on to note that "Amazon added 3 million Prime members in the third week of December, the company announced Monday, signaling its $99 annual subscription for delivery discounts as well as video and music streaming continues to draw shoppers as spending shifts online."


• In the UK, the Guardian reports that "Amazon is preparing to crank up the pressure on Britain’s struggling supermarkets by dramatically expanding the range of grocery products it sells" through its Amazon Pantry service. The story notes that "Pantry does not sell fresh food but the venture’s success could pave the way for the launch of the Amazon Fresh service in the UK. At present the company only offers the full grocery service on the west coast of the US and in New York, but there is speculation it could launch in London."


• Also in the UK, the Evening Standard reports that during the just-ended holiday shopping season, Amazon "chartered a Boeing 737 to fly between Poland, the UK and Germany. The plane has made five trips a week, flying from Katowice in Poland to Luton, East Midlands or Doncaster airports and then back to Poland via Kassel in Germany. The round trips link several of Amazon’s biggest fulfillment centres in Europe."

The story notes that "the move to flying its own parcels around Europe echoes the firm’s strategy in the US, where it is reportedly negotiating to lease as many as 20 Boeing 767s after successful air trials in Wilmington, Ohio."


CBS News reports that "new data from eMarketer shows that American consumers bought an estimated $48 billion worth of goods and services using mobile devices this year, a surge of 32 percent from year-ago levels. In 2015, mobile accounted for 22 percent of all retail e-commerce sales in the U.S., up 3 points since last year."

The bottom line: "Americans are getting increasingly comfortable using mobile devices to shop."

Still, they have some distance to go before reaching the acceptance levels of other countries. Like South Korea, where "mobile sales accounted for 46 percent of of all retail ecommerce sales and 5.1 percent of total retail sales in 2015." Or China, where "nearly 50 percent of retail ecommerce sales and almost 8 percent of all retail sales occurred via mobile devices in 2015."
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