Amazon Launches Quick Commerce Pilot in India, Entering Competitive Market
Amazon introduces 15-minute delivery service in India, challenging local e-commerce giants and expanding its presence in the country
Ecommerce
Amazon Takes Flight: E-commerce Giant Completes First Drone Delivery in Italy
Amazon expands its drone delivery service to Italy, completing its first test flight in San Salvo, with plans to launch commercially in 2025 pending regulatory approval.
Appcharge Raises $26M to Offer Alternative Monetization for Gaming Developers
Appcharge secures $26 million in funding to expand its platform, providing gaming developers with an alternative to app stores for monetizing in-game purchases.
Black Friday Online Sales Smash Records, Reach $10.8 Billion in the US and $74.4 Billion Globally
Adobe and Salesforce report record-breaking online sales on Black Friday, with US sales reaching $10.8 billion and global sales hitting $74.4 billion, marking a significant milestone in e-commerce growth
Cyber Monday Sales Reach Record High of $13.3 Billion in the US, Up 7.3% from 2023
Cyber Monday sales in the US reach a record high, with Adobe reporting $13.3 billion in online spending, a 7.3% increase from 2023, driven by big discounts and mobile shopping.
E-commerce Sees Strong Start to Holiday Season with 6% Global Sales Growth on Thanksgiving Day
Thanksgiving Day online sales surge 6% globally, with US sales up 8%, driven by mobile shopping and discounts, according to Salesforce and Adobe reports.
E-commerce Sees Strong Start to Holiday Season with 7% Global Sales Increase on Thanksgiving Day
Salesforce reports a strong start to the holiday season with online sales up 7% globally and 4% in the U.S. on Thanksgiving Day, with mobile shopping leading the charge.
EU Considers Crackdown on Cheap Asian Imports Amid Safety Concerns
The European Union may impose fees or taxes on low-cost imports from Asian online retailers like AliExpress, Shein, and Temu to address safety and counterfeiting concerns.
Eyewa Raises $100 Million Series C to Expand Middle East Eyewear Empire
Dubai-based Eyewa, a DTC eyewear platform, secures $100 million Series C funding to accelerate growth in the Middle East, solidifying its position as a regional powerhouse.