[ News ]

[ The era of DTC brands is over. Here’s what the next generation of startups looks like. ]

      Original article: https://www.fastcompany.com/90828954/era-of-dtc-brands-is-over-heres-what-the-next-generation-of-startups-looks-like   For a decade, DTC startups like Warby Parker and Everlane created a playbook for how to launch a successful brand. A new generation of founders wants to chart a different path.
When fashion industry veteran Marina Larroudé decided to launch her eponymous line of heels in 2020, she made the deliberate decision not to follow in the footsteps of fast-growing direct-to-consumer shoe startups like M.Gemi, Tamara Mellon, and Rothy’s.
She wasn’t interested in copying their business model of...

Posted: 01/12/23 [ Read More... ]

[ Good News for Amazon Stock: E-Commerce Is Turning the Corner ]

        Original article: https://www.fool.com/investing/2022/12/20/good-news-for-amazon-e-commerce-is-turning-corner/   One analyst thinks e-commerce growth is starting to accelerate. Amazon (AMZN 4.62%) is one of the best-performing stocks of the last generation, but its 2022 returns are a reminder that past performance isn't a guarantee of future returns. Shares of the tech giant are closing out the year down nearly 50% as it's faced a slew of challenges that have left it looking decidedly vulnerable.

The company is closing warehouses and laying off 10,000 corporate employees. It's shuttering once-promising businesses like Amazon...

Posted: 01/11/23 [ Read More... ]

[ TikTok Shop’s GMV in SEA topped US$4.4 billion in 2021 ]

      Original article: https://www.techinasia.com/bytedance-sees-208b-spending-douyins-ecommerce-service The gross merchandise volume of TikTok Shop – the short-video app’s ecommerce arm – in Southeast Asia reached US$4.4 billion in 2021, The Information reported, citing two sources briefed on the numbers. Since early 2022, TikTok Shop has moved quickly and aggressively in the region to roll out new features, offer incentives, and seal partnerships with ecommerce enablers and logistics partners, as Tech in Asia previously reported Sources also told The Information that ByteDance –...

Posted: 01/10/23 [ Read More... ]

[ Artificial Intelligence (AI) Market size was valued at USD 95.60 billion in 2021 and is projected to reach USD 1,847.50 billion by 2030, clocking a CAGR of 32.9% during the forecast period from 2022 to 2030. ]

        Original article: https://finance.yahoo.com/news/artificial-intelligence-ai-market-size-135900934.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAADqZa1nq-BhBbCgKhqeDRv9wwgLKl_mR2pv9qG-5pVnoVTC_eLaDn9veNVEfXphwUKSHA67zmpi2pbYh2snvOIbxWwKbJhF9cju1k5X0uXlL9DHCyW8dS-D2HnJ2gtVTCkRaZtisexu8eqYhbn9koWlFu4lQrPZngjY4yKS1L9Bf   Growing urbanization, the need for efficient management & utilization of resources, demand for fast & efficient transport and commute, public safety concerns, and rising demand for a healthy environment with efficient energy consumption propel the demand for smart cities, driving the growth of the AI market. New York, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Artificial Intelligence Market by Component, Deployment, Application, and End-User Industry : Global Opportunity Analysis and Industry Forecast, 2022–2030" - 

Posted: 01/09/23 [ Read More... ]

[ OpenAI, the startup behind ChatGPT, discusses tender offer that could value it at $29B ]

OpenAI Inc., the startup behind the artificial intelligence-powered chatbot tool ChatGPT, is the subject of a tender offer from investors that could see its valuation soar to as much as $29 billion. A report from the Wall Street Journal today claims that venture capitalist firms Founders Fund and Thrive Capital are in talks to invest in the red-hot startup in a deal that would see them purchase shares from existing OpenAI shareholders such as its employees. If the deal goes ahead,...

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[ Kroger, Albertsons in merger talks ]

          Kroger Co. is in talks about a tie-up with rival Albertsons Cos in a deal that would create a US grocery giant, people familiar with the matter said. A cash-and-stock deal valuing Albertsons at about $25 billion could be reached as soon as Thursday evening in New York, one of the people said, asking not to be identified discussing confidential information. No final decisions have been made and talks could still be delayed or falter.

The exact structure and price of...

Posted: 10/13/22 [ Read More... ]

[ TikTok time for music streaming? ]

        TikTok parent company ByteDance is looking to expand to become a music distribution platform, WSJ citing anonymous sources. The company's Resso streaming service currently only serves India, Indonesia and Brazil. But plans are in the works to extend to over a dozen more markets, eventually going global — competing with the likes of Apple Music and Spotify. ByteDance grew 80% to $61.7 billion in 2021, and an expansion of its streaming service would further drive revenue and keep users on...

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[ TikTok chases Amazon with plans for U.S. fulfillment centers ]

          TikTok is planning to build its own product fulfillment centers in the U.S., creating an e-commerce supply chain system that could directly challenge Amazon, as indicated by more than a dozen new job openings posted in the past two weeks to LinkedIn. Why it matters: The move signifies TikTok's commitment to e-commerce as its next major revenue stream, following the explosive growth of its ads business.
  • "By providing warehousing, delivery, and customer service returns, our mission is to help sellers improve...

Posted: 10/12/22 [ Read More... ]

[ Global eCommerce and Other Non-Store Retailers Market to Reach $5.7 Trillion by 2027 ]

      Complimentary updates for one yearGlobal eCommerce and Other Non-Store Retailers Market to Reach $5.7 Trillion by 2027 - In the changed post COVID-19 business landscape, the global market for eCommerce and Other Non-Store Retailers estimated at US$2.3 Trillion in the year 2020, is projected to reach a revised size of US$5.7 Trillion by 2027, growing at a CAGR of 13.5% over the analysis period 2020-2027. eCommerce, one of the segments analyzed in the report, is projected to record a 14.6% CAGR...

Posted: 10/10/22 [ Read More... ]