Zalando Expects Profit for 2024 to Surpass Projections Europe’s leading online retailer, Zalando, continues to make waves in the e-commerce industry with its impressive financial performance. The company recently announced that it anticipates its profit for the year 2024 to exceed its initial forecasts, signaling robust growth and a promising outlook for the future. Zalando […]
TikTok Prepares for US Shutdown From Sunday, Sources Say
TikTok’s Contingency Plan: What Users Can Expect in the Face of US Shutdown As tensions escalate between TikTok and the U.S. government, the popular social media platform is preparing for a potential shutdown in the country. Sources close to the matter have indicated that starting this Sunday, users trying to access TikTok may encounter a […]
French woman scammed out of €830,000 by AI-generated Brad Pitt impostor
Caught in the Web: Anne’s heart-wrenching story of deception In the age of advanced technology, the line between reality and artificial intelligence continues to blur, leaving individuals vulnerable to sophisticated scams. Recently, a French woman, Anne, found herself at the mercy of an AI-generated Brad Pitt impostor, who cunningly swindled her out of a staggering […]
Meta faces new challenge in India over data sharing
Meta faces new challenge in India over data sharing In recent years, Meta, the parent company of social media behemoth Facebook, has been facing a myriad of challenges related to data sharing and user privacy. The latest hurdle comes from India, one of the largest markets for Meta’s services, where WhatsApp’s data-sharing block threatens the […]
Macy’s Trims Sales Outlook After Holidays Didn’t Deliver
Macy’s Trims Sales Outlook After Holidays Didn’t Deliver Macy’s, a retail giant, recently made headlines as it adjusted its sales forecast for the current quarter. The move came as a surprise to many in the industry and signaled that the company’s expectations for a robust holiday season may have been overly optimistic. Despite the festive […]
Why Japanese E-Commerce Giant Rakuten Is Betting Big on AI
Why Japanese E-Commerce Giant Rakuten Is Betting Big on AI In the ever-competitive world of e-commerce, staying ahead of the curve is not just an advantage but a necessity. Japanese e-commerce giant Rakuten understands this well, which is why they are placing a significant bet on artificial intelligence (AI) to propel their business to new […]
TikTok Ban Fears Drive US Users to Other Chinese Apps
TikTok Ban Fears Drive US Users to Other Chinese Apps The recent uncertainty surrounding TikTok’s future in the United States has triggered a significant shift in the app landscape. With the looming possibility of a ban on the popular video-sharing platform, American users are actively seeking alternative options, leading to a notable surge in the […]
Worldview: Russian Billionaire Founders Feud Over E-Commerce Giant Wildberries
Worldview: Russian Billionaire Founders Feud Over E-Commerce Giant Wildberries In the fast-paced world of e-commerce, clashes between founders are not uncommon, but when it involves Russian billionaire founders feuding over a giant like Wildberries, the stakes are undeniably higher. This week’s round-up of global markets fashion business news not only sheds light on this intense […]
Apple’s new app fees face EU antitrust scrutiny
Apple’s New App Fees Face EU Antitrust Scrutiny Apple, the tech giant known for its innovative products and services, is once again in the spotlight. This time, the European Union regulators have turned their attention to Apple’s app fees, raising concerns about potential antitrust issues. The EU is investigating whether Apple’s fees could be forcing […]
Shein Aims for London IPO by Mid-Year, Sources Say
Shein Aims for London IPO by Mid-Year, Sources Say Shein, the popular Chinese fast-fashion e-commerce platform, is reportedly setting its sights on launching an initial public offering (IPO) in London by mid-year. This ambitious move comes as the company seeks to expand its global presence and solidify its position in the competitive online retail market. […]