On Amazon Annual shareholder meeting On Wednesday, CEO Andy Jassi told the audience (the conference was virtual) that tariffs have not had a “meaningful” effect on the prices.
“We have not seen any erastation of demand at this point,” Jassi said, Per CNBC“We have not yet seen an increase in any meaningful average selling price.”
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Jassi said that Amazon can keep the prices low because its platform has a wide range of vendors (more than 60% of the products sold are third-party, Company notes,
“I think the diversity and size of our market actually helps customers to choose the best prices,” Jassi said In the drawing room.
“When you have two million vendors, they are not all going to take the same action,” they said, copy Roots,
Andy Jassi, Chief Executive Officer of Amazon in February 2025. Michael Nagle/Bloomberg | Getty images
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Tariffs are affecting retailers by different methods. The Home Depot announced this week that it would not increase prices (in immediate future) due to tariffs. But not all companies are on the same path.
The CEO of Walmart said that the shopkeepers will look at high prices at their stores in the next few weeks as the cost increase “can” absorb more than any retailer. “
Buy goals, best, and mantle all said that customers will do Probably increases the price On some products.
