Victor Tam, CEO of Monos, a company that creates premium travel products, said that during the difficult macroeconomic situation, which so far shows no signs of improvement in the foreseeable future, many consumers refuse to make large purchases in the e-commerce space, preferring shopping during holiday sales.
Amazon on Monday, August 14, announced the launch of a new feature based on artificial intelligence, which highlights the most important and significant parts of customer reviews of products purchased on the e-commerce giant’s platform.
Cartwheel, the on-demand delivery management platform, announced integration with the Toast partner ecosystem.
LuLu Group International, which is based in Abu Dhabi and owns one of the largest hypermarket chains in the Middle East, is raising 10 billion dirhams (about $2.72 billion) to refinance debt ahead of the expected initial public offering (IPO).
The company Serve Robotics announced the completion of a public deal and the raising of $30 million in financing.
The Australian branch of Amazon plans to move to the largest warehouse in this country.
The British company John Lewis announced the beginning of cooperation with Google Cloud.
After the impressive results of Prime Day, Amazon decided to continue the sales events.
The media reported that the Phillips auction house, which is known for selling paintings by aspiring artists, begins the history of its presence in the area of e-commerce.
The media reports that TikTok is currently negotiating with regulators in Indonesia in order to obtain a payment license in this country.
Amazon’s results for the second quarter of this year testified that the company’s desire to become a large-scale commercial ecosystem, the concept of which provides for going beyond the format of sales reporting on its platform, is being implemented and has a certain level of efficiency.
DoorDash fixed record volumes of orders against the background of the rapid expansion of its grocery business, which has resulted in the growth of sales figures.
The media reported that Amazon is currently reviewing its grocery operations to improve competitiveness against Walmart.
Amazon on Monday, July 31, announced its intention to double the number of same-day delivery points in the United States.
Walmart bought out Tiger Global Management’s remaining stake in Flipkart, an Indian e-commerce company, for $1.4 billion.
The media reports that DoorDash is currently testing a chatbot based on artificial intelligence.
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