Shopify Takes Down Kanye West's Online Store Over Swastika Symbol Merchandise
E-commerce platform Shopify removes Kanye West's online store after he sold t-shirts with the swastika symbol, violating platform terms
Ecommerce
Amazon Tests Feature to Redirect Users to Competitors' Sites for Out-of-Stock Products
Amazon introduces a new feature that directs users to other brands' websites if a product is out of stock, aiming to improve customer sentiment and stay competitive in the e-commerce market.
Amazon's App to List Products Not Sold by the Company, Redirecting Users to Brand Sites
Amazon's new feature in beta testing allows users to search for products not sold by the company, redirecting them to brand websites for purchase.
Amazon Shuts Down TikTok-Like Feature 'Inspire' Amid Shift to Social Media Integrations
Amazon discontinues its short-form video and photo feed 'Inspire', citing alignment with customer priorities, as it focuses on social media integrations and AI features.
Amazon Discontinues TikTok-Style Inspire Feed Amid Shift in E-Commerce Strategy
Amazon scraps its TikTok-like Inspire feature, citing customer feedback and a focus on seamless social media integrations for shopping experiences.
Jumia Struggles to Achieve Profitability Amidst Currency Devaluations and Shifting Consumer Trends
Africa's largest e-commerce platform, Jumia, reports a $64.7 million loss in 2024, citing currency devaluations and rising fulfillment costs as major challenges.
Adidas Partners with Amazon's 'Buy with Prime' Program for Seamless Shopping Experience
Adidas integrates Amazon's 'Buy with Prime' program, offering Prime members free shipping and streamlined returns on adidas.com and the Adidas app
Wema Bank Becomes Nigeria's Highest-Paying Lender, E-Mobility Startup Loses Tax Appeal, and Jumia's Cost-Cutting Efforts Fall Short
Wema Bank increases salaries, Ebee Mobility loses tax appeal, and Jumia's cost-cutting efforts fail to yield profitability, highlighting challenges in Nigeria's banking and e-commerce sectors
Jumia Shares Plummet 28% as E-commerce Firm Struggles with Losses and Currency Volatility
African e-commerce firm Jumia's shares drop 28% as investors react to continued losses and currency volatility, despite improved cost efficiency.