Amazon Bets $75 Billion on India to Fight Big Tech Rivals
Amazon announced on Wednesday a massive $35 billion additional investment in India by 2030, raising its total planned commitment to...
e-commerce
Meesho Shares Surge 46% in Blockbuster $606M India IPO
Indian e-commerce giant Meesho made a spectacular public debut today as its shares surged up to 46% from their issue...
Amazon Eyes USPS Breakup to Launch Rival Mail Service
Amazon is considering terminating its long-term delivery contract with the United States Postal Service (USPS) to establish its own independent,...
ChatGPT Referrals Surge 28%, Feeding Retail Giants
ChatGPT drove a 28% year-over-year surge in mobile shopping referrals to major U.S. retail apps over the Black Friday holiday...
Amazon Launches 30-Minute Delivery to Fight Rivals
Amazon has announced the launch of a new ultra-fast delivery service designed to bring orders to customers in Seattle and...
Cyber Monday Chaos: Shopify Fixes Major Checkout Outage
E-commerce giant Shopify resolved a major system outage on Monday morning, November 27, that blocked thousands of digital merchants from...
Massive Coupang Breach Exposes 34 Million Users
South Korean e-commerce giant Coupang confirmed over the weekend that a massive data breach active for over five months has...
Black Friday Online Sales Explode to Record $11.8B
U.S. consumers drove online spending to an unprecedented $11.8 billion on Black Friday, as shoppers increasingly bypassed physical storefronts to...
NY Law Forces Brands to Reveal Algorithmic Pricing
New York State is forcing businesses to disclose when they use personal consumer data to manipulate costs, implementing a groundbreaking...
OpenAI and Perplexity Target Shopping. Startups Unfazed
OpenAI and Perplexity launched new AI-powered shopping assistant features within their chatbots this week to capture a booming holiday e-commerce...
