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Videogame Trade-in Store Launched by Amazon

| Monday, March 09, 2009

b2b news - On Thursday, Amazon launched an online videogame trade-in store, granting credit at the online retail giant to customers who send in used games.

"Amazon Video Games Trade-In is a new service that enables you to trade in your games for an Amazon.com Gift Card," the Seattle-based company said in a statement on the company blog.

Customers use a prepaid shipping label to send a used videogame to Amazon and receive credit in return, which they can use to purchase items on Amazon.com.

Amazon's move could be a potential challenge to US videogame retail store GameStop, which has 6,100 stores in the United States and 17 other countries and offers a lucrative game trade-in service.

GameStop lost 14.07 percent on Wall Street on Thursday to close at 23.46 dollars.

Source: http://b2bnewz.com/

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