Intuit and Amazon expand partnership
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2 weeks ago
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- Intuit (NASDAQ:INTU) and Amazon (AMZN) announced on Monday, a multi-year strategic partnership to help Amazon sellers manage their finances, stay compliant, access capital, and grow their business.
- By leveraging Intuit’s AI-driven platform, millions of Amazon sellers will be able to discover and access Intuit’s platform, benefiting from financial insights like profitability, cash flow, and estimated tax liabilities to fuel their growth.
- QuickBooks will become Amazon’s preferred partner for financial management solutions integrated directly in Amazon Seller Central, the Amazon site where sellers manage their businesses.
- Intuit and Amazon will start rolling out these capabilities in mid-2025. The companies will initially focus on delivering capabilities for sellers in the U.S., with international availability to follow.
- Intuit (INTU) shares were up 1% in post-market trading.