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Stockreport

TikTok Shop launches digital gift cards to challenge Amazon and eBay [TechCrunch]

Amazon.com, Inc. (AMZN)  More Company Research Source: TechCrunch
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
?The feature was strategically launched during the holiday season — a high-stakes period for the company's shopping division as it aims to prove its value in the market. ?This move into digital gifting positions TikTok Shop to compete more directly with e-commerce giants like Amazon and eBay, both of which offer gift card options. TikTok Shop has also recently expanded into luxury retail , another move to solidify its footing in e-commerce. Users can load the gift cards with anything from $10 to $500. What sets these cards apart is the ability to personalize them using a wide variety of animated designs. There are also animations for thank you cards, birthdays, weddings, and other occasions. Gift cards are delivered via email, and recipients must have a TikTok account. Once redeemed, the card's value is instantly credited to their TikTok Balance. Recipients can reply with a thank-you note or even send a gift card in return. However, the gift cards can only be purchased in the U [Read more]
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Stockreport

TikTok Shop launches digital gift cards to challenge Amazon and eBay [TechCrunch]

Amazon.com, Inc.  (AMZN) 
More Company Research Source: TechCrunch
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
?The feature was strategically launched during the holiday season — a high-stakes period for the company's shopping division as it aims to prove its value in the market. ?This move into digital gifting positions TikTok Shop to compete more directly with e-commerce giants like Amazon and eBay, both of which offer gift card options. TikTok Shop has also recently expanded into luxury retail , another move to solidify its footing in e-commerce. Users can load the gift cards with anything from $10 to $500. What sets these cards apart is the ability to personalize them using a wide variety of animated designs. There are also animations for thank you cards, birthdays, weddings, and other occasions. Gift cards are delivered via email, and recipients must have a TikTok account. Once redeemed, the card's value is instantly credited to their TikTok Balance. Recipients can reply with a thank-you note or even send a gift card in return. However, the gift cards can only be purchased in the U [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AMZN
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS