Uber Is Closing a Business It Bought for Over $1 Billion Three Years Ago

[ad_1] Jan. 16, 2024 11:01 am ET Uber said it’s shutting down Drizly, the alcohol-delivery service it acquired for $1.1 billion in 2021. Drizly said Monday that it would accept…

From livestreaming to ‘shoppertainment,’ Gen Zers lead the way in Singapore’s online shopping space

[ad_1] Logos of online social media and social networking sites displayed on a smartphone screen on August 01, 2023 in Bath, England. Matt Cardy | Getty Images News | Getty…

Companies Aren’t Done Cutting White-Collar Jobs

[ad_1] After a year of right sizing, employers are looking in the mirror and concluding there is still fat to lose.  Companies including Amazon, Xerox, Google and BlackRock this month…

EBay to Pay $3 Million Penalty for Employees Sending Live Cockroaches, Fetal Pig to Bloggers

[ad_1] Updated Jan. 11, 2024 3:19 pm ET EBay agreed to pay a $3 million criminal penalty after employees engaged in a harassment campaign against two bloggers for their coverage…

The Companies Cutting Jobs in 2024: Here’s the List

[ad_1] Listen to article (1 minute) Some companies are kicking off the new year by trimming staff as a steady labor market shows signs of cooling off.  The labor market…

Naspers Boosts South Africa Investments Ahead of Amazon Arrival

[ad_1] Naspers Ltd., Africa’s largest company by market value, is boosting investment into its South African online retailer ahead of Amazon.com Inc.’s entry into the country’s fast-growing ecommerce market. “We…

Walmart Expands Drone Delivery in Dallas as It Races Amazon

[ad_1] Listen to article (1 minute) Drones are more likely to be buzzing overhead this year if you live in Dallas. Walmart plans to offer drone delivery to most of…

The Asian Retailer Outgunning Amazon and Walmart in South Africa

[ad_1] The Asian Retailer Outgunning Amazon and Walmart in South Africa  Bloomberg [ad_2] Source link

WSJ News Exclusive | Tinder Owner Match Draws Elliott Investment

[ad_1] Updated Jan. 8, 2024 9:37 pm ET Elliott Investment Management has built a big stake in Match Group and plans to push the online dating company to take steps…

After October spurt, credit card spends moderate in November

[ad_1] When consumers went on a spending spree using credit cards during the festival month of October 2023, card transactions spurted by Rs 36,000 crore to Rs 1.78 lakh crore…