17:20:57 EDT Sun 13 Jul 2025
Enter Symbol
or Name
USA
CA



Amazon.com CDR (CAD Hedged)
Symbol AMZN
Shares Issued 33,600,000
Close 2025-06-30 C$ 25.83
Market Cap C$ 867,888,000
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FP says Amazon loses right to sell Nintendo's Switch 2

2025-07-02 08:47 ET - In the News

Also In the News (C-NTDO) Nintendo CDR (CAD Hedged)

The Financial Post reports in its Wednesday edition that Nintendo pulled its products from Amazon's U.S. site after a disagreement over unauthorized sales, meaning the e-commerce company missed out on the recent debut of Nintendo's Switch 2 -- the biggest game console launch of all time. The Post's Matt Day writes that the Japanese company stopped selling on Amazon after noticing third party merchants were offering games for sale in the U.S. at prices that undercut Nintendo's advertised rates. Enterprising sellers were buying Nintendo products in bulk in Southeast Asia and exporting them to the U.S. Nintendo product listings started disappearing from Amazon's U.S. site last year. The listings had previously appeared as "Sold by Amazon," which typically denotes merchandise the on-line retailer buys directly from brands. Some Nintendo products remained on the site, but they were listed by independent merchants who sell their goods on Amazon's on-line marketplace. Amazon tried to assuage Nintendo by offering to attach labels to products that guarantee they are authentic. Amazon uses the technique to assure shoppers products are not counterfeits and to help it track merchandise. Amazon still sells Switch 2 in Canada.

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