Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member., Inc. (AMZN) Kills Wallet, Diapers, Inc. (NASDAQ:AMZN) has killed off the Amazon Wallet app and its own line of diapers, reports reveal.

According to The Verge,, Inc. (NASDAQ:AMZN) announced that they will be shutting the Amazon Wallet app today. With the move, the payments application will be pulled from Google Play and the Amazon Appstore.

Amazon, diapers, Amazon Wallet, end of life, is AMZN a good stock to buy,

It is, however, important to note that the Amazon Wallet app was launched in beta and it has not graduated from the status. It was also only capable of using gift, loyalty and membership cards but not traditional debit or credit cards.

“We’ve learned a great deal from the Amazon Wallet beta program and will look for ways to apply these lessons in the future as we continue to innovate on behalf of our customers,” spokesman Tom Cook was quoted by the publication as saying.

The Amazon Wallet app was launched just six months ago.

Meanwhile, according to GigaOm,, Inc. (NASDAQ:AMZN) is also pulling its line of eco-friendly diapers from its stores. The move comes just six weeks after the Amazon Elements line, which also includes baby wipes, was launched as an exclusive range for Prime members.

According to GigaOm, Amazon made the decision to kill its own diaper product because of design. There’s no indication of the email sent by the electronic commerce giant when or if the diapers will be sold again.

“Based on early customer feedback, we are making some design improvements to the diaper. In the meantime, Amazon Elements Soft & Cozy Diapers are no longer available, and we’ve stopped your subscription,” the email posted by GigaOm reads.

As consolation,, Inc. (NASDAQ:AMZN) has given its Prime members who opted for the diapers a $25 credit to their account.

Christopher Lord’s Criterion Capital owned 269,008, Inc. (NASDAQ:AMZN) shares by the end of September, a 40% decrease quarter-over-quarter. Worth about $86.74 million at the end of the third quarter of 2014, the stake made up 2.53% of Criterion’s whole portfolio.

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!