Why PopChill is investing in AI to become Asia’s leading luxury resale player
Based in Taiwan and with operations in Hong Kong, PopChill is fast becoming a major player in Asia’s growing luxury resale marketplace. Off the back of its recent funding round, we spoke with Popchill...
View ArticleHow on-demand delivery is reshaping India’s $11 billion online grocery market
In a middle-class suburb of Mumbai, workers at SoftBank-backed Swiggy’s grocery warehouse race against time to deliver orders within 10 minutes. Their speed is tracked by the seconds on a screen that...
View ArticleCoupang fined US$102 million for manipulating search algorithm
South Korea’s antitrust regulator has fined e-commerce giant Coupang 140 billion won (US$102 million) for using unfair search algorithms and manipulating product reviews to boost sales of its own...
View ArticleReal Housewives star Kandi Burruss launches Amazon storefront
Real Housewives star and businesswoman Kandi Burruss has partnered with Amazon to launch an online storefront. “Amazon is fast, reliable and convenient. I am absolutely thrilled that its extensive...
View ArticleAmazon sets dates for 10th Prime Day event
Amazon’s Prime Day event will take place on July 16 and 17 this year with millions of exclusive deals to be given to members. The event features more than 35 categories including electronics, kitchen,...
View ArticleAmazon about to launch discount section, targeting Temu, Shein shoppers
Amazon.com plans to launch a section on its shopping site featuring cheap items that ship directly to overseas consumers from warehouses in China. The new marketplace, described as Amazon’s most...
View ArticleLuxury online fashion platform Senser makes US debut
Luxury fashion e-commerce platform Senser has entered the US market, marking a “significant milestone” in the company’s global expansion strategy. The Senser app offers American shoppers more than...
View ArticleThe Knot Worldwide buys microwedding platform Simply Eloped
The Knot Worldwide has acquired online platform for elopements and microweddings Simply Eloped for an undisclosed sum. Founded in 2016, Simply Eloped offers customized elopement and microwedding...
View ArticleBeyond’s quarterly loss narrows amid growth in active customers
Beyond – parent of Overstock, Bed Bath & Beyond, and Zulily – has posted a lower loss for the second quarter, which management attributed to the company’s ongoing plan to return to growth. Net...
View ArticleEtsy profit falls as sales slip, despite more active buyers
E-commerce giant Etsy has reported a slight decline in performance during the second quarter ending June 30. The company reported a 2.1 per cent decrease in consolidated gross merchandise sales (GMS),...
View ArticleEbay books better-than-expected sales, earnings
E-commerce giant Ebay has posted improvements in sales and earnings for the second quarter, which management said exceeded previous expectations. The company’s revenue for the quarter ended June 30...
View Article“Google is a monopolist” US judge rules. Alphabet vows to appeal
A US judge ruled on Monday that Google violated antitrust law, spending billions of dollars to create an illegal monopoly and become the world’s default search engine, the first big win for federal...
View ArticleHow Shein helped Aussie designer Alice McCall kickstart a new venture
Australian designer Alice McCall confirmed exclusively for Inside Retail that she is reimagining her eponymous brand in a high-end couture way and that it will soon be entering a new chapter. This...
View ArticleRichemont sells YNAP to MyTheresa parent, takes stake in new venture
Richemont has agreed to sell its Yoox Net-a-Porter (YNAP) business to MYT Netherlands Parent BV, parent of luxury e-commerce platform MyTheresa, in exchange for a stake in the new entity. As part of...
View ArticleHow Amazon is expanding and revolutionizing its workforce with robotics
A workforce revolution is imminent with the mainstreaming of artificial intelligence (AI) technology, and Amazon is ushering in a new era for its workforce with the introduction of robotics. At its...
View ArticleHow Amazon plans to disrupt the grocery sector by merging choice and convenience
It has been seven years since Amazon acquired the American grocery chain Whole Foods Market, but from its perspective, it is still only scratching the surface of the grocery sector. However, at last...
View ArticleAmazon planning ultra-cheap site to counter Temu, Shein
Amazon is preparing to launch a low-cost storefront as it ramps up its fightback against Chinese deep-discounting rivals Temu and Shein. The US retail giant is imposing price caps for the first time...
View ArticleThree ways Amazon is leveraging AI technology to personalise online shopping
Generative AI and machine learning is nothing new to Amazon.The e-commerce giant has been leveraging technology to personalise its customers’ shopping experience for decades now. However, as the rest...
View ArticleEstee Lauder launches on Amazon Premium Beauty Store
Estee Lauder has launched on Amazon’s Premium Beauty store and debuting a virtual foundation tool, exclusive to the platform. The tool allows customers to try multiple shades of Estee Lauder...
View ArticleAlibaba agrees to $433.5 million shareholder lawsuit settlement
China’s Alibaba said on Friday it had agreed to pay $433.5 million to settle a US class-action lawsuit filed by investors alleging monopolistic practices by the e-commerce giant. Alibaba denied...
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