Sometimes it is a selective and focused sales strategy instead of broad appeal that may see overwhelming results. Amazon’s current standing as a player in higher-end fashion sales has been years in the making. In 2016, the company deliberately pivoted past the concept of simply...
Instagram is taking its Broadcast Channels feature global to provide creators with a new way of connecting with their followers on a larger scale. This feature, which Meta CEO Mark Zuckerberg said he would be using to share Meta product news, allows creators to share text,...
Blackbird.AI, a narrative and risk intelligence firm driven by artificial intelligence (AI), has secured $20 million in Series B funding to ramp up its sales and marketing efforts, extend its offering to more customers and raise awareness around disinformation in key industries. In a press...
Alibaba, the Chinese eCommerce behemoth, is planning to expand its Tmall eCommerce site to Europe, according to Michael Evans, president of Alibaba Group. Speaking at the Viva Tech conference in Paris, Evans revealed that the company’s move into Europe reflects a significant shift in strategy...
Federal officials are reportedly probing Goldman Sachs’ involvement in the final days of Silicon Valley Bank. A report by The Wall Street Journal (WSJ) Thursday (June 15) says that Federal Reserve and the Securities and Exchange Commission (SEC) are investigating the banking giant’s role in...
Kroger is using artificial intelligence (AI) to drive spending among inflation-concerned shoppers, utilizing consumer data to be more effective with its digital couponing efforts. On a call with analysts Thursday (June 15) discussing the grocery giant’s first-quarter FY 2023 financial results, Chairman and CEO Rodney...
TikTok will invest billions in Southeast Asia as it undergoes scrutiny elsewhere in the world. The announcement from the company’s chief executive Thursday (June 15) appeared to confirm reports from last week that the social media giant was looking to Asia to help it expand...
Overseas retailers, once focused on expansion in global markets, are showing increasing interest in claiming a stake in the United States, seeking to make their presence known both online and in-store. As reported in June by The Wall Street Journal, global brands such as Mango...
Visa and payment and treasury management platform Sunrate have teamed to boost its cross-border payment offerings. The partnership allows Sunrate customers to send and receive money directly to eligible Visa debit and prepaid cards, according to a Thursday (June 15) press release. “The appetite for quicker...
