Amazon Prime Day Sets New Sales Records While TikTok’s Summer Deals Lag Behind

Amazon’s Prime Day event resulted in record-breaking sales, with U.S. consumers spending $14.2 billion online over the two-day period, an 11% increase from the previous year.

Despite the shopping frenzy on Amazon, TikTok’s attempt at a summer deals event saw minimal participation from both retailers and consumers, failing to generate the same level of excitement.