|Joyo.com Announces Long-Term Test of Free Shipping on Orders Over RMB 99; Hurdle Lowered from RMB 200|
BEIJING--(BUSINESS WIRE)--Nov. 30, 2005--(Nasdaq:AMZN) As part of a long-term test, leading online retailer Joyo.com today announced that it is significantly lowering the order size needed to qualify for free shipping, making it even easier for customers to save money. At the conclusion of this test, which is expected to last 3 to 6 months, Joyo.com will decide whether to make this change permanent.
Starting today, all Joyo.com customers will qualify for free shipping with qualifying purchases of RMB 99 Yuan, instead of RMB 200 Yuan. Moreover, Joyo currently offers significant savings on books, CDs, DVDs, electronics, toys, gifts and health & personal care items every day.
"Joyo.com works hard to lower prices for customers, and we're eager to see how customers respond to this new free shipping test of RMB 99 Yuan," said Wang Hanhua, managing director of Joyo.com. "As part of Amazon.com, everything we do starts with the customer, and we never stop thinking about ways to make our customer's shopping experience with Joyo.com even better. We look forward to bringing our customers more improvements and innovations in the weeks and months to come."
Joyo.com is committed to offering customers the widest selection of products at the best prices. In 2004, Amazon.com acquired Joyo.com Limited, which operates the Joyo.com Web site in cooperation with Chinese subsidiaries and affiliates.
With today's announcement, Joyo.com customers can now choose free shipping on order of RMB 99 Yuan being shipped to a single address in China.
Joyo.com was founded in May 2000 and offers customers a wide selection of books, music, videos and DVDs, software, toys and gifts, among other products. Joyo.com is headquartered in Beijing.
Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.CONTACT:
Patty Smith, 206-266-7180