Amazon owns a software that ensures that the products it sells are priced the cheapest on the internet.
The software in question has been developed by RepricerExpress for Amazon.
Amazon is all kinds of broken, one observer tweeted.
Batteries, clothing, games all 1p.
Someone messed up big time.
Amazon is all kinds of broken.
Batteries, Clothing, Games all 1p.
Someone messed up big time.
All of that in the last hour.
Ive ordered about 500 things in total tonight.
By the end of the hour, we had 1,600 orders, he said.
People were buying 10, 50, 100 copies of everything.
It is 50,000, 60,000, 100,000 of stock; we cant even work it out.
Many others werent so lucky.
150 orders came in all of a sudden, she said.
I phoned Amazon but the support line was closed until the morning.
There was an emergency email, but they just said they were aware of it and looking into it.
Im guessing, but I think it will cost me 15,000-20,000, she said.
Im really worried, I havent slept or eaten all weekend.
We could be facing bankruptcy, I dont know what to do.
I am truly sorry for the distress this has caused our customers.
Amazon should consider itself very fortunate if this incident does not lead to lawsuits and Government intervention.
That completely depends upon how Amazon responds to the crisis.
A lot of sellers have been affected, with the small time owners hit severely.
Some of whom are contemplating lawsuits against Amazon and RepriserExpress for the huge losses incurred by them.
source: www.techworm.net
