13 October 2022 | Technology

Amazon disables virtual tours feature called Explore

Amazon.com Inc. has taken the decision to shut down a virtual tour feature called "Amazon Explore" that was launched during the pandemic. This is the latest belt-tightening move by the online sales giant as it struggles to adapt to declining sales.

According to a statement made by Amazon on Wednesday, the company is always open to experiments and is testing products similar to Amazon Explore. "During the process of phasing out this program, the company will continue to innovate and invest in finding new solutions to continue to please our customers. We are also providing support to our employees affected during this transition and identifying new opportunities at Amazon."

The Amazon Explore virtual tour was launched during the pandemic in 2020. For example, a 50-minute excursion to an animal shelter in Costa Rica could cost a user $7.50, and for a 1-hour virtual walk through the markets of Venice, a user could pay $50.

In order to reduce its costs, Amazon has decided to curtail experimental programs. Among the company's developments that have been canceled or reduced are products such as Scout autonomous delivery robot and Amazon Glow video calling gadget for children. In addition, the company has abandoned Amazon Care, its own telehealth project, and put on hold hiring corporate retail teams.

Company MarketCheese
Period: 29.11.2024 Expectation: 800 pips
Silver buyers get ready to test 31.5 level
Yesterday at 11:27 AM 53
Gold sell
Period: 01.12.2024 Expectation: 8110 pips
Gold loses ground as demand for safe haven assets wanes
Yesterday at 10:04 AM 126
Elena_Dorokhina
Elena_Dorokhina

Listed among the best MarketCheese authors
1st in the segments "Currencies" and "Metals"
2nd in the segment "Oil and gas"
Period: 29.11.2024 Expectation: 700 pips
AUDCAD does not exit downward trend lines
22 November 2024 48
Period: 02.12.2024 Expectation: 560 pips
Brent oil on its way up after exiting bilateral pattern
22 November 2024 164
Alexandra_Belova
Alexandra_Belova

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
2nd in the segment "Currencies"
Period: 26.11.2024 Expectation: 2840 pips
Selling USDJPY with target at 152.00 influenced by BoJ policy
21 November 2024 99
Elena_Dorokhina
Elena_Dorokhina

Listed among the best MarketCheese authors
1st in the segments "Currencies" and "Metals"
2nd in the segment "Oil and gas"
Period: 25.11.2024 Expectation: 700 pips
EURUSD can not move far away from 1.052 level yet
20 November 2024 92
Go to forecasts