Tag Archive
Amazon is worried about upstarts like Temu and Shein. Here’s how it’s confronting them.
Amazon’s (AMZN) dominance in e-commerce makes any potential threat hard to take seriously. On the surface anyway. But the staggering growth of direct shippers like Temu and Shein, though puny in comparison, has grabbed the attention of the people who r…
Amazon is worried about upstarts like Temu and Shein. Here’s how it’s confronting them.
Amazon’s (AMZN) dominance in e-commerce makes any potential threat hard to take seriously. On the surface anyway. But the staggering growth of direct shippers like Temu and Shein, though puny in comparison, has grabbed the attention of the people who r…
Is Cargojet Stock a Buy at Today’s Price?
Cargojet (TSX:CJT) offers time-sensitive air cargo services to 16 prominent Canadian cities. It also operates on scheduled international routes for multiple cargo customers and provides its aircraft on an AMCI (Aircraft, Crew, Maintenance, and Insuran…
Ticketmaster’s customer data hack, lie-detecting AI and the rise of super cheap online shopping
Welcome back to Lately, The Globe’s weekly tech newsletter.
In this week’s issue:
?? Shein, Temu and the rise of ultra-cheap e-commerce
? What took Ticketmaster so long to notify customers about their hack?…
This data comes from the ChinaPulse.c…
My apartment had too much yin and not enough yang… the landscape had to go
Shoppers in Beijing, where, amid economic trouble, the cost of living is coming down for many people. Photograph: by Pedro Pardo/AFP via Getty Images
The woman was sitting on a low stool, handling gently a white, gelatinous lump of glue the size of a h…
Arkansas lawsuit labels Temu shopping app as ‘dangerous malware’
Arkansas has sued the makers of the e-commerce platform Temu over alleged deceptive trade practices. The state claims the shopping app is “dangerous malware” abusing system permissions to steal user data.…
This data comes from the ChinaPulse.com …
Is Shopify’s Growth Sustainable?
Shopify Inc (TSX:SHOP) stock is in the midst of a major growth spurt. Following major revenue deceleration in 2022, its top-line growth started climbing, reaching 23% in the first quarter. Free cash flow (a cash-only earnings metric) increased 169%.…
Arkansas AG lawsuit claims Temu’s shopping app is ‘dangerous malware’
Arkansas Attorney General Tim Griffin made sweeping claims against e-commerce app Temu in a lawsuit on Tuesday, accusing the company of violating state law against deceptive trade practices.
“Temu purports to be an online shopping platform, but it is d…
Amazon to launch discount section with direct shipping from China, media reports say
Amazon.com AMZN-Q plans to launch a section on its shopping site featuring cheap items that ship directly to overseas consumers from warehouses in China, the Information reported on Wednesday, citing slides shown to Chinese sellers.…
This data co…
Where have all the Chinese IPOs gone?
There was a time when a Chinese internet company’s initial public offering was the hottest thing on Wall Street.
As the e-commerce giant Alibaba (BABA-N) prepared to go public on the New York Stock Exchange a decade ago, the world’s biggest banks compe…