Amazon Launches Haul Store to Compete with Temu and Shein
Amazon enters the low-cost, fast-fashion market with Haul Store, offering discounted items from China, rivaling Temu and Shein.
Ecommerce
Mozambique Protests Disrupt Businesses, Internet Services
Nationwide protests in Mozambique result in €354 million losses, 150 shops vandalized, and internet restrictions.
Amazon Shuts Down Secret Fertility Monitoring Project
Amazon cancels 4-year-old secret project 'Encore' due to technical challenges, part of cost-cutting measures
Arzooo Assets Sold to Moksha Group in Distressed Sale
Indian startup Arzooo's assets sold to Moksha Group after exploring merger options, citing financial struggles
Binny Bansal Exits PhonePe Board After 6 Years
Flipkart co-founder Binny Bansal steps down from PhonePe's board, 3 years after acquisition, still holds 1% stake
OneRail Raises $42M to Optimize Last-Mile Delivery
OneRail's $42M Series C funding to enhance last-mile delivery solutions for retailers and wholesalers
Uganda Seizes $55,000 Worth of Contraband Phones
Ugandan authorities intercept smuggled smartphones worth $55,000, highlighting the growing issue of phone smuggling in the region.
WhatsApp Introduces User Feedback for Business Messages
WhatsApp tests new feature to combat spam, allowing users to provide feedback on business messages and control what they receive.
WhatsApp Rolls Out Voice Message Transcripts
WhatsApp introduces voice message transcripts, a game-changer for users and a significant move in the e-commerce space