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Amazon Tests TikTok Style In-App Feature - WSJ

By Sam Boughedda Amazon (NASDAQ:AMZN) is said by The Wall Street Journal to be testing a feature that shows products in a TikTok-style photo and video feed. The feature being...
Amazon Tests TikTok Style In-App Feature - WSJ © Reuters. Amazon (AMZN) Tests TikTok Style In-App Feature - WSJ

By Sam Boughedda

Amazon (NASDAQ:AMZN) is said by The Wall Street Journal to be testing a feature that shows products in a TikTok-style photo and video feed.

The feature being tested on the Amazon app with a small number of Amazon employees would allow users to share the products with other users, the WSJ said its sources told them.

With TikTok experiencing enormous growth through its short video format, other tech companies are trying to get in on the action by testing similar layouts. For example, Meta (NASDAQ:META) built its Reels product as Instagram's TikTok competitor.

The WSJ report said the portal is being trialed under the internal name "Inspire," and appears as a diamond widget on the Amazon app home page of Amazon's app. In addition, they said that artificial intelligence firm Watchful Technologies has tracked the feature's use, and most of the feed, currently appearing as still pictures, also has video content.

The WSJ cautioned that Amazon could still significantly alter the "Inspire" feature before launching it to the public or not release it at all.

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01-05-2024 10:45:17 (UTC+7)

EUR/USD

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-0.0008 (-0.07%)

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EUR/USD

1.0658

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GBP/USD

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USD/JPY

157.91

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AUD/USD

0.6469

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USD/CAD

1.3780

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EUR/JPY

168.32

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Adidas AG

226.40

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 EUR/USD1.0658↑ Sell
 GBP/USD1.2475↑ Sell
 USD/JPY157.91↑ Buy
 AUD/USD0.6469Neutral
 USD/CAD1.3780↑ Buy
 EUR/JPY168.32↑ Buy
 EUR/CHF0.9808Neutral
 Gold2,295.80↑ Sell
 Silver26.677↑ Sell
 Copper4.5305↑ Buy
 Crude Oil WTI81.14↑ Sell
 Brent Oil85.62↑ Sell
 Natural Gas1.946↑ Sell
 US Coffee C213.73↑ Sell
 Euro Stoxx 504,920.55↑ Sell
 S&P 5005,035.69↑ Sell
 DAX17,921.95↑ Sell
 FTSE 1008,144.13Sell
 Hang Seng17,763.03↑ Sell
 Small Cap 20001,973.05↑ Sell
 IBEX 3510,854.40Neutral
 BASF49.155↑ Sell
 Bayer27.35↑ Sell
 Allianz266.60↑ Sell
 Adidas226.40↑ Sell
 Lufthansa6.714Neutral
 Siemens AG175.90↑ Sell
 Deutsche Bank AG15.010Neutral
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