Amazon’s October Prime Day two-day sales ended on a high note, with the e-commerce giant reporting that this year’s holiday kick-off event “outpaced last year’s.” However, it fell short of July’s Prime Day record-breaking $13 billion. Don’t expect the Fed to help your investment in Amazon “Prime Big Deal Days was a strong start to …
According to data analytics firm Numerator, Amazon’s two-day October Prime Day sales may surpass last year’s Cyber Monday sales. Check out the Numerator report here. Don’t expect the Fed to help your investment in Amazon Around one third of US households are expected to participate in the October 10-11 sale, with a preference for purchasing …
A lawsuit filed in Seattle federal court alleges that Costco has shared customers’ private information with Meta, the parent company of Facebook, without their consent. The court documents obtained by The Post claim that Costco installed Meta’s analytical tool, Meta Pixel, on its website. This tool tracks website visitors and activities, giving Meta access to …
Beijing’s aggressive industrial policy goals have resurfaced in the midst of a controversy involving alleged espionage activities linked to a subsidiary of Alibaba at Liège Airport in Belgium, which is Europe’s fifth-largest cargo airport hub. As investigations are underway, the Belgian Security services are looking into possible espionage and interference activities carried out by Chinese …
Amazon’s Hardware Division Faces Challenges, Worker Morale Drops, New Devices in Development Amazon’s Hardware Division Faces Challenges, Worker Morale Drops, New Devices in Development Some workers within Amazon’s once-storied hardware division – responsible for popular devices like the Kindle reader and Echo voice-assistant – say morale within the division has suffered amid staff cutbacks and …
TikTok Shop: Officially Launching in the U.S. with Unique Features and Products TikTok is making waves with its new TikTok Shop marketplace, which is now available to U.S. users. This exciting feature has been in testing since November 2022 and is seamlessly integrated into the TikTok video app. Users can find a wide range of …
Image: Dado Ruvic (Reuters) Instacart, the popular grocery delivery service, is set to go public next week, providing an exit opportunity for its venture capital investors. With its high-margin revenue streams from fees, grocery enterprise software, and advertising, it’s expected that investors will be eager to see the stock (under the ticker symbol CART) perform …
Signage at the Alibaba Group Holding Ltd. booth at the Smart China Expo in Chongqing, China, on Monday, Sept. 4, 2023. Qilai Shen | Bloomberg | Getty Images Alibaba aims to prioritize the “user first” and “AI-driven” approach, according to the new CEO Eddie Wu, who recently addressed the employees. Wu, who assumed the role …
According to sources familiar with the matter, it has been reported by the Wall Street Journal that the Federal Trade Commission (FTC) may take legal action against Amazon later this month. This comes after the company failed to offer any concessions to settle antitrust claims. The lawsuit will specifically target Amazon’s logistics program, Fulfillment by …
Temu, the e-commerce marketplace, has seen a surge in popularity among Canadians due to its rock-bottom prices on a wide range of clothing and household goods. However, experts are warning shoppers to consider privacy and environmental concerns before using the app. According to retail analysts, Temu was founded in Boston last year and is a …