FedEx to Launch E-Commerce Platform
FedEx, the logistics giant, announced Monday the launch of its own commerce platform dubbed FDX.
The platform will most likely compete with Amazon by providing merchants with...
Customers’ Limited budgets Dampen Amazon’s outlook
Amazon.com said on Thursday that its operating profit could fall to zero in the current quarter as layoff savings fail to offset the financial impact of consumers...
Online Spending Flat as In-Store Purchases Grow
Online consumer spending in the United States was flat in the first quarter of 2022 compared to the previous year, according to a Cardlytics report in May.
Post-Covid,...
TikTok is First App to Reach $10 Billion in User Spending
TikTok became the first app to cross $10 billion in cumulative consumer spending, propelling mobile app sales to a new high in a year when revenue from...
Shein Leads US Apparel Retail Sites
Shein has emerged as the No. 1 apparel retail site in the US, recording 46.9 million unique visits in June, according to Comscore data.
This success is fueled...
LinkedIn Hopes to Compete with TikTok and Instagram in Influencer Marketing
LinkedIn, owned by Microsoft, has had revenue growth in the single digits since 2022 and is looking for a boost.
The company is looking to its membership,...
African E-Commerce Continues to Grow
The pan-African e-commerce company Jumia continued its consistent growth with double-digit growth in orders for the first quarter of 2022 compared to the previous year.
Revenue reached $47.6...
Amazon Prime Day US Online Sales Reach $14.2 Billion Record
During the 48-hour Amazon Prime Day event, customers in the US spent a record $14.2 billion online across retailers, according to a report released by Adobe Analytics...
Why does the US Ad Market Still Feel so Grim Despite 14 months of...
According to Guideline, the US advertising market has increased for 14 months in a row.
The most recent data shows a 1.9% year-over-year increase in May, a...
TikTok hits 1 billion users despite attempts by Facebook and Google to stop it
TikTok is the biggest threat to Facebook and Google and threatens their lucrative e-commerce dominance, according to a report in the Motley Fool.
Snapchat was also seen as...
