Today’s Research Reports on Stocks to Watch: Zuora and Amazon
NEW YORK, NY / ACCESSWIRE / October 16, 2018 / Shares of Zuora were gaining speed on Monday after announcing that it had been chosen to be a premiere partner in the Amazon Pay Global Partner Program. Shares of Amazon were down with other tech stocks. CEO Jeff Bezos made a surprise interview at the Wired 25 conference this week.
RDI Initiates Coverage on:
Zuora, Inc.
https://rdinvesting.com/news/?ticker=ZUO
Amazon.com, Inc.
https://rdinvesting.com/news/?ticker=AMZN
Zuora, Inc. shares closed up 9.34% on about 3.1 million shares traded on Monday. The SaaS company announced that it had been selected as a Premier Partner in the Amazon Pay Global Partner Program. The company made the announcement at its Subscribed™ New York conference. “Zuora has shown the value of subscription models. By extending the trust and convenience of the Amazon experience to Zuora, merchants around the world can now streamline the subscription checkout experience for their customers,” said Patrick Gauthier, Vice President of Amazon Pay. “We are excited to be working with Zuora to accelerate the Amazon Pay integration process for their merchants and provide a fast, simple and secure payment solution that helps grow their business.” Tom Krackeler, Senior Vice President of Product for Zuora, remarked, "Zuora’s integration with Amazon is huge for our B2C customers whose buyers love the convenience of using Amazon Pay to easily access their favorite subscription services. As companies expand their digital payment options, the importance of integrating with Zuora - their core billing platform - is even greater. Merchants can easily add additional payment methods, like Amazon Pay, without adding complexity or disrupting a seamless buying experience."
Access RDI’s Zuora, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=ZUO
Amazon.com, Inc. shares were down 1.55% yesterday on about 6 million shares traded. The e-commerce giant was among several tech stocks to plummet on Monday. The company's CEO Jeff Bezos spoke at the Wired25 conference in San Francisco where he talked about many things include Blue Origin, his space company, Amazon's relationship with the Trump Administration, and technology. Wired editor-at-large Steven Levy asked Bezos “how you’re viewing this difficult moment for technology," to which he answered, "I think social media is increasing, unfortunately, identity politics, [and] tribalism. I think the internet in its current incarnation is a confirmation bias machine. If you have a going in point of view and you go do some searches, you find confirmation of your point of view. If your newsfeed is showing you things, it’s showing you things that confirm your point of view … by and large.” It was also announced that cloud-based subscription management platform Zuora was named a Premier Partner in the Amazon Pay Global Partner Program. Merchants can now easily integrate Amazon Pay into their subscription checkout experience.
Access RDI’s Amazon.com, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=AMZN
Our Actionable Research on Zuora, Inc. (NYSE: ZUO) and Amazon.com, Inc. (NASDAQ: AMZN) can be downloaded free of charge at Research Driven Investing.
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SOURCE: RDInvesting.com
