December 06, 2021
Today in Retail: Kohl’s Urged to Spin-Off eCommerce Business; Retailers...
In today’s top retail news, Rakuten and Afterpay are partnering on a new rewards program for customers of both companies, while department store chain Kohl’s is being urged to follow...
December 06, 2021
Alibaba Reorganizes its Global, Domestic eCommerce Business
A trifecta of changes — new competition, a sluggish economy and continued regulatory pressures — has China’s Alibaba revamping its eCommerce businesses and appointing a new chief financial officer (CFO)....
December 03, 2021
You Don’t Have to Dig Very Deep Into DiDi’s Delisting...
There is a game that generations of American kids play when they go to the beach that goes something like this: If we dig deep enough, I wonder if we...
December 03, 2021
Berkshire Hathaway’s Munger Agrees with China’s Crypto Ban
Billionaire investor and Berkshire Hathaway vice chairman Charlie Munger on Friday (Dec. 3) said at the Sohn Hearts & Minds Investment Conference in Sydney that China “made the correct decision”...
December 02, 2021
Goods Sourcing Platform Meru Raises $15M
Meru.com, a Mexico City-based platform that connects manufacturers to the supply chain, has raised $15 million in Series A funding. As TechCrunch reported Thursday (Dec. 2), the company says it...
December 02, 2021
Tencent’s WeChat Pay Envisions Future Where Payment Options are the...
China’s crackdown on technology companies that offer payment services had the unintended side effect of opening the lines of communication between competitors like Alibaba and Tencent, CNBC reported on Thursday...
November 30, 2021
India’s Snapdeal Prepping for $250M IPO
The Indian online retail giant Snapdeal is preparing to go public through an IPO of as much as $250 million. As Bloomberg News reported on Tuesday (Nov. 30), the company...
November 29, 2021
Tencent Opens WeChat to Alibaba, Other Social Media Rivals
Tencent Holdings Ltd. is opening its WeChat groups and will soon allow Alibaba’s Tmall and Taobao, among other social media rivals, to display their own external shopping site links, marking...
November 29, 2021
6 Ways the EU’s Digital Markets Act Will Change Big...
The European Union’s Digital Markets Act is coming, and Big Tech will never be the same. In theory. The rules will be voted on by the EU parliament this week,...
