Retail giants Apple and Amazon are expected to launch their own e-commerce platforms in the coming months, following a long period of slow progress from each.
The tech giants are expected launch their retail platforms on the same day, the first ever to be launched by one of the world’s biggest retail companies, in a move that could see them competing directly against each other.
The launch of Amazon Prime, which is expected to have a big impact on the retail industry, has been in the works for some time, with the online retailer previously working closely with online retailers like Target and Walmart to launch its own retail sites.
Apple, which has seen its stock soar to record highs in recent months, is also expected to debut a retail app in the near future, as it continues to expand into online shopping.
It is believed that the first major retail platform to be released by the two companies is the Apple Store, which will be available for customers to purchase their Apple products from Apple’s online store.
The company is expected, as expected, to launch the app on the iOS platform.
Amazon, meanwhile, is expected for its own launch of its own app store, likely in the next few months.
According to reports, Apple’s retail platforms are expected in store for a major launch later this year, with a new flagship product set to be unveiled at this year’s WWDC.