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Amazon Prime Day reportedly postponed

Amazon may be postponing the annual Prime Day held in July due to coronavirus.

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Amazon Prime Day
Amazon may be postponing the annual Prime Day due to coronavirus, according to an article by Reuters. The information was contained in internal meeting notes viewed by Reuters.

According to the notes, Prime Day, which is usually held in July, may be postponed until at least August. In addition, Amazon may take a $100 million loss because of excess Amazon devices they had in stock for the event.

The Reuters article indicates that Amazon has declined to comment about the internal notes and the possible date change for the event.

Prime Day started back in 2015 and since then, many other big name retailers have been offering similar summer sales.

According to the Amazon website, "Prime Day is Amazon’s biggest, global shopping event exclusively for Prime members. Prime Day 2019 was a two-day epic parade of deals that started on July 15, 2019. Prime Day 2020 has not been announced."

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