Amazon Introduces MYHABIT (AMZN)

Shares of Amazon.com AMZN are up over 1% today, after the company announced a new daily deals site, MYHABIT, as it looks to compete with RueLaLa, and other member-only deals sites, including Groupon. At last check, shares of Amazon were up $2.78 to $203.58, a gain of 1.4% on 3.4 million shares. Amazon.com, Inc. operates as an online retailer in North America and internationally. It operates retail Web sites, including amazon.com and amazon.ca.