e-commerce
đ„ Amazon faces struggle to find enough workers to fill jobs at new, massive $550M facility
In 2022, local government agencies approved a $124 million package of tax incentives to Amazon in order to entice the company to build the facility. êŠ
Shein sues Temu for ê§copyrđ ight infringement, claiming rival copied its designs
đ â Shein is suing rival Temu over the same stolen design allegations Shein itself has faced.
Amazon shares sink despite 19% growth in cloud bđusiness revenues
Amazon's focus on successes in its AWS cloud computing did not cheer iđŻnvestors who sđ ent shares of the Seattle-based company down more than 6% in extended trading.
đ How Etsy bet on talentedđž New Yorkers, not fast fashionâ and won
"The more people experience these mass-prđ§žoduced, commoditized shopping experiences, the more people are going to crave something different," said Etsy's chief marketing officer and chief operating officer Raina Moskowitz.
Amazon hits $2T àŒin market value for the first time as AI fervor, rate cut bets drive gains
Amazon Web Services is the largest cloud services provider in the world, and growtâh at the Amazon unit has returned after a dip in the past year, thanks to surging adoption ođf AI technologies.
Tom Bđrady teams up with delivery serđvice Gopuff, selling TB12, health products
In the coming weeks, Brady wilđ„l have a curated category on the Gopuff app and the companyâs website that will be complete with TB12, Nobull and other wellness products.
Amazon plans to deploy a dozen electric seaport truàŒcks amid pusđh to slash tailpipe emissions
Amazon.com, on Tuesday unveiled the first of a dozen Volvo electric big rigs it plans to deploy this year to pick up cargo from the nation's busiestêŠ container seaport in...
Amazon posts 13% jump in sales, sending shares higher â but fails to delivàčer dividend
Amazon shares rose as much as 6% in after-hours trading, after closing down 3.3% in thï·œe regular đžsession.
Shein doubled profits last yeađŠr to more than $2B ahead of publicà± debut
Fast-fashion giant Shein reportedly more than doubled its profits in 2023 to a recoârd mođ„re than $2 billion at it awaits approval to go ahead with its blockbuster initial public...
I used to flip burgers at McDonald's â here's how I 'accidentally' became a millionaire
Joe Davies says aspiring entrepreneurs need these three key traits â personal drive, curiosity, and a burning desire đto make money. đ
Temu's $21M Super Bowl ad blitz raises eyebrows â inside the discount site marred with scam allegations
Temu drove hordes of the Super Bowlâs 123.4 million viewers to its site with its buzzy âShop Like a Billionaireâ jingle. However, dissenters online feared that theđ ditty â which...
Here's why Chinese e-commerce giant dropped $21M on 3 Super Bowl ads, offered $15M in promos
êŠ Chinese-owneâd e-commerce giant Temu dropped tens of millions of dollars on three Super Bowl commercials and offered $15 million in giveaways in hopes of getting a major leg up with...
Zulily, once valued at $9B, to shut down over 'challenging business environment'
Online US retailer Zulily, once êŠvalued at nearly $9 billion, shocked customers by announcing that it will shut down and liquiêŠdate its assets, citing a "challenging business environment."
đ° Amazon eyes bankrupt Diamond Sports in push to stream MLB, NBA, NHL: report
If an agreement is reached, Amazon's Prime Video platform would eventually become the streaming home for Diamond's games, the đ„Wađll Street Journal reported.
Shein accused of 'Mafia-style intimidation' in lawsuit by discount rival Temu
The lawsuit also claimed Shein "falsely imprisoned" vendors who dealt with Temu by detaining merchant ređŠpresentatives in Shein's offices for many hours, confiscating their electronic devices and threatening them with penalties for doing...
UPS and FedđEx are no longer the largest delivery companies in the US đ§
Both UPS and FedEx have been eclipsed as the largest courier companies in the US by Amazon, whicâh delivered more packages to US homes in recent years than both delivery...
Amazon to start sellinđČg Hyundai cars online next year
Customers will be able to shop for, equip and buy a car at Amazon.com and schedule delivery through a local Hyđ„undai đdealer, the companies said.
đ Amazon cuts 180 jobs in games unit -- one week after layoffs in music unit
The games division offers free streaming versions of many đ video games like Doom and Roblox, as well as some Twitch channels.
AmazođŹn made $1B with Project Nessie secret algorithm:đł FTC lawsuit
The FTC said Project Nessie identified sđ„pecific products for which it predicted other online stores will follow Amazonâs price increases.
Amazon shares climb after revđenue soared 13% in Q3 to beat Wall Street estimates
†Shares of the online retailer and cloud major rose about 5% in extended trading.