The logo of Amazon.com Inc. sits on an Apple Inc. iPhone smartphone in this arranged photograph in London, U.K. (Photographer: Jason Alden/Bloomberg)

Amazon U.S. Online Market Share Estimate Cut to 38% From 47%

Jun 13 2019, 5:34 PMJun 14 2019, 5:19 AMJune 13 2019, 5:34 PMJune 14 2019, 5:19 AM

(Bloomberg) -- A closely watched researcher has cut its estimate of Amazon.com Inc.’s share of the U.S. e-commerce market after incorporating new figures from the company.