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2024-11-28 20:24:25
Alibaba is facing a reckoning with its once-celebrated 'new retail' strategy.
In 2017, the term "new retail" began appearing in Alibaba's earnings reports. The term "new retail" was coined by Chinese e-commerce behemoth and refers to the seamless integration of online and offline retail.
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2024-11-28 20:22:24
As Temu disrupts global e-commerce, PDD is close to surpassing Alibaba.
PDD, the company that is powering fast-growing shopping app Temu, is stirring up China's Big Tech club.
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2024-11-28 20:14:51
Amazon's newest competitor is Pinduoduo, China's online dollar store.
The race to bring China-made goods to Western consumers through online stores is heating up.
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2024-11-28 20:06:42
Temu accelerates global expansion with parent’s new Dublin office
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2024-11-28 20:03:25
Temu’s budget-friendly marketplace is under formal investigation in the EU over several concerns regarding its compliance with the Digital Services Act (DSA).
The European Union has expanded its scrutiny of online marketplaces by opening a formal proceeding on Chinese low-cost e-commerce platform, Temu, under the Digital Services Act (DSA), the Commission announced Thursday.
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2024-11-28 19:17:43
Shopping app Temu is adopting TikTok's strategy to maintain its position as the No. 1 app on the App Store.
Temu, a shopping app from Chinese e-commerce giant Pinduoduo, is having quite the run as the No. 1 app on the U.S. app stores.
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2024-11-27 18:18:56
Amazon Japan Raided by Anti-Monopoly Authorities
Amazon Japan has agreed to work with the Japan Fair Trade Commission, which inspected on-site a business after having suspected a breach of antitrust law.
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2024-11-27 18:08:55
AWS re:Invent 2024: What to Expect and How to Watch Amazon’s Premier Annual Event
Amazon Web Services' (AWS) biggest conference of the year is just a day away, and everything looks like it's going to be a doozy.
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2024-11-26 19:47:19
Amazon Launches a $7.3 Annual Prime Video Subscription Tier in India
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2024-11-26 19:36:20
AI Helps India’s Meesho Reduce Customer Call Costs by 75%
Online shopping site Meesho, backed by Softbank, rolled out what it claims is the first GenAI-powered voice bot among Indian e-commerce firms for customer support, paring down some expenses by 75%.
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2024-11-26 19:24:49
Singapore-Based E-Commerce Platform Carousell Lays Off 10% of Its Staff
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2024-11-25 20:04:26
Amazon Introduces E-Commerce on Prime Video with a Merchandise Shop, Starting with *Gen V*
Amazon's streaming service Prime Video is experimenting with becoming a shopping destination.
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2024-11-23 17:48:14
Italian Food Delivery App Foodinho Faces Another Privacy Fine
Not for the first time, food delivery firm Foodinho has been spanked by Italy's privacy watchdog.
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2024-11-21 20:52:36
Meta and Jio Introduce Grocery Shopping on WhatsApp in India
Meta and a joint venture between India's Reliance Retail and Jio Platforms will allow grocery shopping through WhatsApp, in what they described as an end-to-end shopping experience on the popular messaging platform worldwide.
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2024-11-21 18:44:19
Amazon Unveils Its Largest Echo Show to Date
Amazon, on Wednesday, unveiled the Echo Show 21, and it is its largest Echo Show ever. The smart display comes with double the viewing area of the existing Echo Show 15, which is also getting an upgrade.
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2024-11-20 20:57:57
Amazon's premium music plan will now offer one audiobook per month.
In a move to counter Spotify's fast growth in the audiobook space and nudge some of its music subscribers to buy Audible books or plans
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2024-11-19 19:28:38
Perplexity has launched a shopping feature for Pro users in the U.S.
AI-driven search engine Perplexity is entering e-commerce. Monday, the company launched a new shopping feature for paid users in the United States, which provides shopping recommendations within Perplexity's search results
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2024-11-17 19:57:36
Amazon has quietly acquired a cashierless store startup to enhance its Amazon Go operations in India.
Amazon has been quietly pushing the bar forward to roll out Amazon Go-powered instant checkout stores across the United States and United Kingdom.
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2024-11-17 19:45:20
Amazon is testing a TikTok-like feed within its app.
Amazon is the next to squeeze engagement out of a TikTok-like social feed.
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2024-11-17 19:11:44
Shein is joining the third-party marketplace trend, with an Alibaba veteran leading the charge.
Ultra-fast fashion giant Shein continues to attract heavyweight executive talent that will help guide the ship.
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2024-11-14 19:10:43
Meta and Amazon Settle UK Antitrust Investigations Over Use of Third-Party Data to Advantage Marketplaces
Britain's top competition watchdog said Wednesday it had accepted proposals from Facebook parent Meta and Amazon to curb the use of data collected from their respective marketplaces for the benefit of their own products and bottom lines.
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2024-11-14 18:41:20
Amazon Competes with Temu and Shein by Launching Discount 'Amazon Haul' Store
The answer to the bargain, low-cost storefronts of Temu and Shein comes from Amazon in the form of the Amazon Haul store.
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2024-11-14 18:29:21
Amazon Discontinues Secret Fertility-Tracking Project
An Amazon has shut down a secret four-year-old program aimed at developing a fertility monitoring device and related mobile app, CNBC reported yesterday.
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2024-11-13 21:03:17
Patreon introduces e-commerce tools and a free fan membership option.
Patreon is expanding its suite of tools for digital creators. While monthly fan subscriptions are Patreon's bread and butter, later this year, it will offer one-off digital goods and free subscriptions to consumers.
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2024-11-13 20:38:54
Amazon is trying to attract AI researchers with $110 million in grants and credits.
There is a battle brewing of AI chips from major cloud vendors, as Google has entered preview with its custom chip, Trillium, for the training and running of its AI models, with Microsoft's Maia potentially not far behind.
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2024-11-13 19:48:11
Swiggy makes a strong debut in India, defying a weak market.
Shares of Swiggy rose 10.67% on its debut day at ₹455.95 ($5.4) on Wednesday as the food-delivery and quick-commerce startup concluded India's second-largest IPO this year.
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2024-11-13 19:43:29
After years of effort, Just Eat Takeaway is selling Grubhub to Wonder for $650 million.
Just Eat Takeaway.com NV of the Netherlands said on Wednesday it is selling its U.S.
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2024-11-12 19:52:34
Irish Government Criticized for Proposed Law Change That Could 'Muzzle' Big Tech Critics
An 11th-hour amendment to the Courts and Civil Law (Miscellaneous Provisions) Bill of the Government of Ireland of 2022 will serve to "muzzle" those that wish to speak out about how Big Tech and public bodies are misusing their data.
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2024-11-12 19:25:33
Amazon Confirms Employee Data Breach Following Hacker’s Claim of MOVEit Vulnerability Exploit
We have confirmed that employee data was involved in a recent security event at one of our third-party vendors.
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2024-11-11 21:51:34
Amazon is suing the administrators of 10,000 Facebook groups for facilitating fake reviews.
If reviews of the last completely necessary and not at all superfluous thing you bought on Amazon look like so much copypasta, there's a good reason: fake reviews abound and people are getting paid to post them.
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