Apple launches an online store on China’s WeChat app
Apple has launched an online store on China’s WeChat app, the Tencent-owned platform said on Tuesday. The Cupertino-based company has launched the store to the app via WeChat’s mini-programs — small-sized apps hosted on WeChat that feature e-commerce, financial services and transporta
Amazon adds discounted healthcare to Prime Day deals
Amazon revealed Thursday a preview of new deals that will be offered next week during its annual Prime Day event, including an exclusive healthcare deal through One Medical, the primary care tech provider that the e-commerce giant acquired earlier this year. This is the first time that Amazon has a
India’s Flipkart begins customer lending in bid to boost sales
Updated at 10.48AM IST, July 7: Flipkart confirmed on Friday that it has partnered with Axis Bank to offer lending to customers. “We are delighted to now introduce a Personal Loan service in partnership with Axis Bank. Our focus is to enable credit and enhance purchasing power by granting acc
How Shein’s influencer trip to a Chinese factory backfired
As Shein eyes an IPO, the company’s image needs a serious makeover. From stealing indie designers’ work, to violating local labor laws, Shein has fallen out of vogue on social media, so the company invited a group of influencers to tour one of its factories in Guangzhou, China.
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Sandwich, known for its commercials, looks to help younger startups in exchange for equity
Sandwich, an LA-based, 17-person outfit, has produced many commercials on behalf of tech companies over its 14-year history, including Square, Slack and Figma. Sometimes, it has taken equity in exchange for some of its work, too. For example, nine years ago, Sandwich founder Adam Lisagor starred in
Amazon wants to turn small shops into delivery partners
According to a new report from Axios, Amazon wants to partner with small businesses, such as bodegas and IT shops, so that they can become delivery partners. The company pays a small fee to small retailers for each package they deliver.
With this program, Amazon wants to expand its last-mile delive
Amazon plans to invest another $15B in India by 2030
Amazon plans to more than double its investment in India in the next seven years, the e-commerce group said, joining a roster of other high-profile American giants ramping up commitment to the South Asian market after meeting with Prime Minister Narendra Modi this week.
The e-commerce group has inv
Quick commerce startup Getir plans to exit France amid regulatory issues
In a press release sent to AFP, Getir has announced that it plans to exit France. As a reminder, Getir pioneered the concept of quick commerce. Those services allow you to order groceries without picking a delivery slot. Instead, companies like Getir start working on your order right away and can u
Amazon will hold its Prime Day 2023 shopping event on July 11-12
Amazon announced today that it will host the annual Prime Day shopping event on July 11-12. The company typically offers a lot of discounts to customers to boost sales numbers during this event.
The company said the event will start on July 11 at 3 a.m. EDT and run through July 12. The Prime Day sa
How Amazon beat Walmart — and who might beat Amazon: Talking with reporter Jason Del Rey
Jason Del Rey has spent the last 15 years reporting on e-commerce businesses, including Walmart and Amazon. Now, in a new book that hit shelves today called “Winner Sells All,” he tells the broader story of Walmart — which long focused on preserving what it had built — and i
Y Combinator-backed Rever aims to modernize refunds and returns
Màrius Montmany and Oriol Hernandez i Fajula, former employees at large logistics companies, several years ago found themselves frustrated with the problem of “reverse logistics” — how to get product returns through the mail system in an efficient and cost-effective way.
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VC-backed boba chain Ume wants to pour into mainstream with surprise plushies
A group of teens excitedly picked up their candy-colored bubble tea from Ume in downtown Mountain View. But before they took a sip, they each peeled open the bottom of their paper cups to reveal a cute little plushie inside. “Our tea is not only pretty but also fun,” said Jiachun Li, CE
Nigeria's Haul247 raises funding to scale its logistics platform
Haul247, a Nigerian end-to-end logistics platform connecting businesses to haulage and warehousing assets, has raised a $3 million seed round. Investing fund Alitheia Capital, through its Umunthu Fund in partnership with Goodwell, provided the equity capital, with Investment One contributing $1 mil
India's open e-commerce network expands to B2B transactions
The Indian government-backed open e-commerce network has been expanded to facilitate business-to-business (B2B) transactions — months after enabling transactions between consumers and merchants over the open network protocol and widening its reach to the mobility sector.
On Monday, the Open Netwo