tiprankstipranks
Amazon sold ads for products shoppers couldn’t buy, Bloomberg reports
The Fly

Amazon sold ads for products shoppers couldn’t buy, Bloomberg reports

Amazon says that a “a tiny fraction” of sellers paid for ads for products users couldn’t buy and has pledged a fix, Bloomberg’s Spencer Soper reports. Amazon has offered a $15,000 refund to a seller seeking $300,000, according to the report. “We will similarly contact and refund any affected sellers, and are updating our processes to ensure any such ads are not charged going forward,” a spokesperson said in a statement.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See today’s best-performing stocks on TipRanks >>

Read More on AMZN:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles