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
Zomato's quick commerce unit Blinkit ramps up expansion, expects losses to continue as competition heats up in India's instant delivery market, with major players like Zepto, Flipkart, and Amazon entering the fray.
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.
Thanksgiving Day online sales surge 6% globally, with US sales up 8%, driven by mobile shopping and discounts, according to Salesforce and Adobe reports.
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.
eBay acquires Caramel, a startup that facilitates car sales transactions, to provide a seamless and secure experience for buyers and sellers.
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.
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.
Walmart-owned Flipkart appoints Kabeer Biswas, co-founder of Indian delivery startup Dunzo, to lead its quick commerce business, Flipkart Minutes, in a bid to expand its presence in India's urban cities.
Copyright © 2024 Starfolk. All rights reserved.