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E-Commerce

TikTok Ventures into Indonesian E-commerce with $1.5 Billion Investment in GoTo’s PT Tokopedia
E-Commerce

TikTok Ventures into Indonesian E-commerce with $1.5 Billion Investment in GoTo’s PT Tokopedia

“The strategic partnership will commence with a pilot period carried out in close consultation with and supervision by the relevant regulators.”
Record-Breaking Black Friday: Online Sales Hit $9.8 Billion, Reflecting Strong Consumer Spending Trends and Strategic Shopping Behavior
E-Commerce

Record-Breaking Black Friday: Online Sales Hit $9.8 Billion, Reflecting Strong Consumer Spending Trends and Strategic Shopping Behavior

“We’ve seen a very strategic consumer emerge over the past year where they’re really trying to take advantage of these marquee days, so that they can maximize on discounts.”
eBay Strikes $2.2 Billion Deal, Offloads Remaining Adevinta Shares to Permira and Blackstone in Shift Away from Classifieds
E-Commerce

eBay Strikes $2.2 Billion Deal, Offloads Remaining Adevinta Shares to Permira and Blackstone in Shift Away from Classifieds

In 2021, eBay had previously divested a portion of its holdings in the classified ads company, generating $2.25 billion from the sale.
Meta and Amazon Have Joined Forces to Introduce a New In-App Shopping Feature on Facebook and Instagram
E-Commerce

Meta and Amazon Have Joined Forces to Introduce a New In-App Shopping Feature on Facebook and Instagram

“For the first time, customers will be able to shop Amazon’s Facebook and Instagram ads and check out with Amazon without leaving the social media apps.”
Flying into the Future: Amazon Announces Drone Delivery Service for Italy and UK
E-Commerce

Flying into the Future: Amazon Announces Drone Delivery Service for Italy and UK

Moving forward, we will integrate drones into the Amazon delivery network

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