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ECOMMERCE SALES DROP
Walmart investors reject AI workplace report as automation expands in the USWalmart investors on Thursday voted against a shareholder proposal asking it to report on how its use of AI is affecting the well-being of ...- Shopping malls investment: Up to 20% appreciation in these retail mall rentals in Delhi NCR & Mumbai; what retail commercial property investors should knowRetail rental yields in Delhi NCR and Mumbai's Grade A and A+ malls have seen significant appreciation, with Mumbai recording 15-20% year-o...
- AI rally: SK Hynix, Micron Technology join trillion-dollar club; Taiwan bourse overtakes India in market valueThe AI boom is fueling a surge in chipmakers like SK Hynix, Samsung, and Micron, pushing them into the $1 trillion market-cap club. This gl...
- Starbucks sees sharp drop in Korean sales after 'Tank Day' marketing backlashStarbucks Korea sales have dropped significantly. This follows a marketing campaign that caused public anger. The campaign was linked to th...
- As Indians buy pricier phones on EMI, OneAssist bets big on protection plansAs smartphones become costlier and increasingly financed through EMIs, device damage is emerging as a new source of household financial str...
- Gig workers' incentives cool; YC attendees resell AI creditsHappy Tuesday! Despite a shortage of delivery workers, payouts for gig riders have increased only slightly this summer. This and more in to...
- It’s a summer of discontent for delivery riders as incentives dipCompanies have limited payout increases to select high-demand micro-markets instead of implementing broad-based hikes this year. The pressu...
- D2C brands feel the pinch as consumers cut spendingRising input costs and shrinking demand are squeezing smaller brands, with consumer spending projected to drop 5-6% next quarter. D2C brand...
- PoS terminal supply squeeze; Skyroot CEO on unicorn flightHappy Friday! The point-of-sale (PoS) supply has dried up in India as the West Asia conflict squeezes imports. This and more in today's ETt...
- GameStop and eBay share price surge after report of potential takeover offer. Here's possible deal impactGameStop and eBay share price moved after a report said GameStop is preparing a takeover offer for eBay. The report linked the plan to CEO ...
- Amazon CEO on Now growth; Big Tech dials up AI spendIn India’s hypercompetitive quick commerce space, Amazon CEO Andy Jassy said Now is growing fast. This and more in today’s ETtech Top 5.
- Amazon stock price, earnings, profits and net sales rise after strong first-quarter cloud growthAmazon stock price, earnings, profits and net sales increased after the company reported higher first-quarter profit and revenue driven by ...
- 80 seconds of big tech earnings will decide stock market’s fateInvestors await earnings reports from Alphabet, Meta, and Microsoft after trading ends Wednesday. These tech giants' results will guide mar...
- A $176 billion reality check for Europe’s luxury brands as Middle East tensions hit shoppersA distant war is impacting global luxury sales. Europe's top luxury firms have lost billions in market value. The Middle East, a key growth...
- Oracle layoffs hit India hard; Qcomm apps print ad moneyIndia bore the brunt of Oracle’s latest global layoffs amid rising automation. This and more in today’s ETtech Top 5.
- Zetwerk's pre-IPO move; War hits your deliveriesHappy Monday! Zetwerk is in talks to raise pre-IPO funding. This and more in today's ETtech Morning Dispatch.
- Dollar Tree cuts annual forecasts after dour quarter on weaker demand; shares drop 22%Dollar Tree joined main rival Dollar General in cutting annual forecasts after missing quarterly estimates on Wednesday as the discount sto...
- Global ecommerce sales to drop for the first time in history: reportIn a first, global e-commerce revenues are forecast to shrink this year due to supply chain issues and rising inflation, and industry is ex...
- After retail stores, fashion brands’ online sales drop, tooWhile ecommerce sales of essentials like foodstuff and personal care items surged amid fears over the spread of the coronavirus, those of f...
- Online smartphone sales dip 18% in November on note ban, low demandFlipkart, Snapdeal and Amazon said that cashless transactions have at least doubled over October, raising their proportion compared to that...
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