When Constantin Robertz was working at Zalora, he was involved in moving warehouses six times as the e-commerce company outgrew its logistics infrastructure. This inspired him to co-found Locad, a […]
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Back to news homeWith Many Retailers Offering Online Sales, Phony Sites Blend In
Stacie Odeneal, a 43-year-old child-welfare lawyer in Lawrenceburg, Tenn., and mother of three, does most of her shopping on Instagram and Facebook because she finds it convenient. Late on the […]
Jack Ma, Ant Group Founder, Will Relinquish Control
One of China’s most influential financial tech companies, Ant Group, said on Saturday that the billionaire entrepreneur, Jack Ma, planned to relinquish control of the company.Mr. Ma’s retreat from the […]
How New IRS Rules Could Affect Venmo, Zelle and CashApp Users
WASHINGTON — This year, Dennis Turbeville, a woodworker in Washington, used the mobile payment service Venmo to sell his wares, collect payments on a rental property and split personal expenses […]
Amazon and E.U. Reach Deal to End Antitrust Investigation
Amazon on Tuesday agreed to give merchants operating in the European Union more access to valuable real estate on its website, the European Commission said Tuesday, in a deal that […]
Amazon Agrees to Change Some Business Practices in EU Settlement
Placement inside the Buy Box is a major driver of sales for companies that sell on Amazon, but if Amazon sees a product for sale at a lower price on […]
Amazon launches Inspire, a TikTok-like shopping feed that supports both photos and videos
Amazon is bringing a TikTok-like shopping experience to its app. The company today announced the launch of Inspire, a new short-form video and photo feed that allows consumers to explore […]
Billions of Dollars Are at Stake in a Puzzling Holiday Shopping Season
It doesn’t matter much to retailers, who used the early holiday sales to try to offload products before most shoppers had even picked out their Halloween costumes. But it signaled […]
Billions of Dollars at Stake in a Puzzling Holiday Shopping Season
It doesn’t matter much to retailers, who used the early holiday sales to try to offload products before most shoppers had even picked out their Halloween costumes. But it signaled […]
Amazon Is Said to Plan to Lay Off Approximately 10,000 Employees
The company has told Wall Street that it has tightened its belt in the past and can do so again. Last week, Amazon executives met with institutional investors, according to […]