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E-commerce

Amazon Sellers and Retailers Flock to TikTok Shop Despite Looming US Ban

Retailers and Amazon sellers are increasingly turning to TikTok Shop, the video app's e-commerce platform, despite the looming threat of a US ban, reports CNBC. The platform's ability to engage consumers and drive impulse purchases is proving too attractive to ignore, even with uncertainty surrounding TikTok&

Shopify Shifts Focus to Larger Clients for Sustainable Growth

Shopify, known for its success in empowering small businesses, is pivoting toward larger enterprise clients to foster more stable and long-term revenue streams, reports the Wall Street Journal. While some analysts view this as a departure from Shopify's origins, the company frames it as a natural scaling of

Amazon Launches Budget-Friendly "Haul" Store to Target Shein and Temu

Amazon is launching a new mobile-only storefront called "Amazon Haul," designed to compete with low-cost retailers like Shein and Temu, reports CNN. The store features a wide array of products priced at $20 or less, with many items costing under $10. Amazon's move is a direct

Shopify's Soaring Stock Sends Canada's Benchmark Index to Record Highs

Shopify shares surged as much as 25% on Tuesday, pushing Canada's benchmark stock index, the S&P/TSX Composite Index, to a record high of nearly 25,025, reports Markets Insider. The e-commerce giant, which provides software for online storefronts, holds the most weight of any stock

Alibaba Launches AI Search Engine for Small Businesses, Boosting Purchase Intent

Chinese e-commerce giant Alibaba has unveiled an AI-powered search engine designed to help small businesses in Europe and the Americas source supplies, reports CNBC. The tool, called Accio, leverages generative AI technology similar to ChatGPT to enhance the product discovery and procurement process. Alibaba claims that initial tests showed businesses

Coupang Stock Slides Despite Beating Earnings Estimates

Despite reporting third-quarter earnings and sales that exceeded analysts' expectations, Coupang stock slid in after-hours trading on Tuesday, reports Investor's Business Daily. The South Korean e-commerce company reported earnings of 4 cents per share on sales of $7.9 billion for the September-ended quarter. Analysts polled by

Shopify Takes Aim at Salesforce, Bragging About Customer Gains

Shopify, the online shopping specialist, is making bold claims about its success in attracting large-scale businesses, including those previously loyal to Salesforce, reports CX Today. The company is touting "the mass migration" of customers from Salesforce to Shopify, citing lower prices as a key driver. Shopify Chief Operating

US Regulators Call for Probe into Temu and Shein

Popular online retailers Temu and Shein are facing mounting scrutiny over the safety of products sold on their platforms. Two US Consumer Product Safety Commission (CPSC) commissioners are now urging a formal investigation into the companies, citing concerns over the alleged sale of dangerous items, including some posing risks to

Coursera: Deep Dive Interview with Former Executive

Below is an edited transcript for an interview with a former executive at Coursera. Key issues discussed in this interview include: Why the reach of Coursera matters * How Coursera acquires content and audience * The differing motivations of university partners and industry partners * How Coursera faces multiple competitors on multiple fronts
Coursera: Deep Dive Interview with Former Executive

Why Alibaba is actually an advertising company

Alibaba has been under a lot of regulatory scrutiny since 2020, and just earlier this year, the rumor of a "Ma" detention has triggered another round of investor sell-off in this tech giant. However, that hasn't deterred Bridgewater from increasing its stake in this Chinese tech
Why Alibaba is actually an advertising company