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Name (Z/A)
Year (Asc)
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Shopify Reports $273M Loss, Shares Drop
Canada
Various
May 12, 2024
Shopify
Financials
Strategy
On May 8, 2024, Shopify announced a surprising $273M loss for Q1, despite a 23% rise in revenue to $1.9B. After selling its logistics unit to Flexport in 2023, it now expects a decrease in margins. Shares fell 20%, wiping $20B off its market value.
Allbirds sees a 28% drop in Q1 revenue!
US
Various
May 12, 2024
Financials
Strategy
Allbirds' revenue fell 28% in Q1, totaling $39.3M. Joe Vernachio, the new CEO, addresses urgent restructuring as the company anticipates a 25% sales drop throughout the year.
Google Launches Ads Tool for Marketplaces
US
Various
May 12, 2024
Strategy
Innovation
Google's Performance Max now aids sellers on platforms like Amazon by driving sales directly through online marketplaces, eliminating the need for individual websites or Merchant Center accounts. This service has launched in beta and is still evolving.
DoorDash Cuts Fees by 12%, Boosts Efficiency
US
Food & Grocery
May 12, 2024
DoorDash
Consumer
Strategy
Despite rising food prices, DoorDash has decreased fees by 12% in 2 years, improving order affordability. The company's operational efficiency and better delivery accuracy support these cuts.
Glovo exits two markets, plans store cuts
Europe
Food & Grocery
May 12, 2024
Retreat
Strategy
Glovo exits Slovenia and Ghana, with final orders on May 10, as part of a restructuring plan. The company also plans to decrease the number of its dark stores, which struggle to be profitable. Currently, Glovo operates in 23 countries.
TikTok Sues US Over Ban, Alleges Bias
US
Mass
May 12, 2024
TikTok
Strategy
TikTok is taking legal action against the US government, claiming that a law demanding its sale by January 2025 unfairly targets the platform and threatens to disconnect over 1 billion global users.
Zalando Returns to Growth with Strong Q1 Results
Germany
Fashion & Beauty
May 12, 2024
Zalando
Financials
Strategy
Zalando's first-quarter sales of $2.37M mark a minor drop but show promise of recovery with a net loss improvement from $41.4M to $9.6M. Strong B2C and B2B growth highlighted by a 1.3% margin in adjusted EBIT.
Amazon Extends Fee Transition to May 31
US
Mass
May 12, 2024
Amazon
Strategy
Market
Amazon's FBA low-inventory-level fee, introduced to improve inventory health, is now in effect but will be credited back for fees incurred from April 1 to May 14 as part of an extended transition period to assist sellers.
Etsy's Stock Drops 15% Amid Fierce Rivals
US
Various
May 5, 2024
Etsy
Market Entry
Strategy
Etsy stock plunged 15% after its earnings report showed a decline in sales. Facing fierce competition from Temu and Shein, Etsy's gross merchandise sales fell by 3.7%, down to $2.99B from an expected $3.03B.
Deliveroo, Just Eat, Uber Eats Enhance Security
UK
Food & Grocery
May 5, 2024
Deliveroo
Regulations
Strategy
Deliveroo, Just Eat, and Uber Eats, following discussions with UK government officials, are ramping up security checks to prevent illegal workers from exploiting their platforms.
Getir Ends Global Presence, Focuses on Turkey
Asia
Food & Grocery
May 5, 2024
Getir
Market
Strategy
Getir, valued at $12B, is closing its international operations in the U.S., U.K., and Europe, affecting over 6,000 jobs to focus on Turkey, representing just 7% of its revenue.
Walmart Retreats from Health Care Expansion
US
Mass
May 5, 2024
Walmart
Strategy
Consumer
Walmart to shut down 51 health clinics and its telehealth service due to unsustainable costs and a challenging reimbursement environment, impacting operations in 5 states.
ByteDance Refutes Sale Rumors: TikTok Stays
US
Mass
May 5, 2024
Regulations
Strategy
ByteDance stated on Toutiao that rumors of selling TikTok are false. The US law requires sale or ban, but TikTok plans to challenge this. CEO Shou Zi Chew assures users, "We aren't going anywhere."
Amazon scales down California drone project
US
Mass
April 28, 2024
Amazon
Strategy
Innovation
Amazon discontinues its drone delivery service in Lockeford, CA, shifting focus to a new facility in Tolleson, AZ. The move aligns with its goals to integrate drones into its broader delivery network.
Shopify Targets Big-Ticket Clients for Growth
Canada
Mass
April 28, 2024
Shopify
Expansion
Strategy
Shopify, founded in 2006, powers 10% of US online sales, aiming for larger clients with expanded services and higher transaction fees.
TikTok's next steps after Biden's bill becomes law
US
Mass
April 28, 2024
TikTok
Regulations
Strategy
TikTok has 270 days to decide its fate in the US after President Biden signed a new law. Bytedance, its owner, may contest in court, sell, or shut it down.
Decathlon shifts to e-commerce in the USA
US
Various
April 21, 2024
Decathlon
Market
Strategy
Decathlon USA, responding to market changes, closes its last physical stores. The retailer to expand its online presence and partner with giants like Walmart and Target.
Etsy faces seller exodus over Amazon-like shifts
US
Various
April 21, 2024
Etsy
Market Entry
Strategy
Etsy's evolution from a handmade haven to a crowded marketplace has doubled its buyer base but alienated artisans. Recent policy changes and SEO strategies are stirring discontent among long-time sellers.
Morgan Stanley flips eBay, trims Etsy
US
Various
April 21, 2024
Market
Strategy
Morgan Stanley recently adjusted their stance in the US e-commerce sector, upgrading eBay while downgrading Etsy, reflecting shifts in their market predictions and strategic approaches.
Allbirds warned by Nasdaq, stock under $1
US
Fashion & Beauty
April 21, 2024
Market
Strategy
Allbirds received a delisting warning as its stock lingered below $1 for 30 days. The footwear company has until Sept. 30 to boost its share price to regain compliance with Nasdaq.
Getir considers exiting Germany amid restructure
UK
Food & Grocery
April 21, 2024
Getir
Strategy
Financials
Getir debates leaving Germany as it faces dwindling sales and presence. Urgent restructuring talks in Istanbul could lead to major market exits by May 2024, affecting jobs and operations.
Kaufland to hike fees in some categories
Germany
Food & Grocery
April 21, 2024
Kaufland
Expansion
Strategy
Kaufland adjusts marketplace fees effective April 30, with a notable rise in small household appliances category. Other categories see minor changes.
VAUDE launches online second-hand shop
Germany
Fashion & Beauty
April 21, 2024
Strategy
Sustainability
VAUDE starts its online second-hand shop in Germany, promoting long-term use and reducing environmental impact. Explore high-quality used products at affordable prices.
Superdry plans to leave stock market soon
UK
Fashion & Beauty
April 21, 2024
Financials
Strategy
Amid survival struggles, Superdry announces a delisting plan from the stock market, focusing on restructuring without closing stores.
Dr Martens’ lawsuit tests Temu’s strategy
UK
Fashion & Beauty
April 21, 2024
Strategy
Regulations
Dr Martens is taking legal action against Temu for allegedly misusing its trademarks in keyword advertising, a move that underscores the complexities of digital marketing and brand protection.
Zalando questions EU fee calculation method
Germany
Fashion & Beauty
April 21, 2024
Zalando
Regulations
Strategy
Zalando has challenged the EU supervisory fee's calculation, seeking clarity on the methodology affecting 47.5 million users, amid broader tech regulations disputes.
Walmart launches massive auto service
US
Mass
April 21, 2024
Walmart
Consumer
Strategy
Walmart's new service lets customers order 40,000 types of tires online for installation at 2,300 Auto Care Centers nationwide. This move expands Walmart's reach and convenience, offering a seamless, hassle-free auto care solution.
Amazon Italy kicks off new rail routes
Italy
Mass
April 21, 2024
Amazon
Market
Strategy
Amazon and Italian state railways launch rail service between Italy and Germany, aiming to cut 9,000 tons of CO2 annually. New rail links support sustainable transport in line with EU goals.
Frasers, Next eye distressed Ted Baker
UK
Spotlight
April 14, 2024
Acquisition
Strategy
Frasers Group and Next, two major UK-based retailers known for acquiring distressed brands, are reportedly in talks to buy parts of Ted Baker's European operations from administrators at Teneo Advisory.
TikTok teases new photo-sharing app
Asia
Various
April 14, 2024
TikTok
Launch
Strategy
TikTok's not just for videos anymore! With the new TikTok Notes app, users can soon share photos in a dedicated space, enhancing their creative expression.
Delivery Hero amplifies grocery strategy
Germany
Food & Grocery
April 14, 2024
Strategy
Expansion
CEO Niklas Östberg outlines Delivery Hero's strategy, focusing on grocery delivery's role in 2024 growth and the importance of affordable, quick service.
eBay slashes fees, boosts pre-loved fashion
UK
Fashion & Beauty
April 14, 2024
eBay
Market Entry
Strategy
eBay's new policy removes final value fees for pre-loved clothes, aiming to simplify selling and boost the circular economy. AI-powered listings and eBay Live are set to enhance the user experience.
TikTok explores AI avatars for ads
US
Mass
April 14, 2024
TikTok
AI
Strategy
TikTok plans to launch AI avatars on its platform, potentially challenging the dominance of human influencers. This new feature will allow TikTok Shop sellers and advertisers to generate scripts for virtual influencers to deliver.
AliExpress launches huge subsidy campaign
China
Mass
April 14, 2024
AliExpress
Expansion
Strategy
With a hefty 10 billion yuan ($1.44B USD) in subsidies, Alibaba's AliExpress aims to boost Chinese brand presence globally, countering rivals like Temu and Shein.
Amazon cuts costs, plans more for 2024
US
Mass
April 14, 2024
Amazon
Strategy
Innovation
Amazon CEO Andy Jassy commits to further reducing fulfillment costs in 2024, leveraging advanced robotics and optimized delivery networks.
Flip's $144M bet to outshine Amazon and TikTok
US
Spotlight
April 7, 2024
Strategy
Innovation
Flip's innovative funding of $144M sets it against e-commerce giants like Amazon and TikTok, banking on user-generated content for a fresh online shopping experience. The move highlights the shift towards more engaging, community-driven platforms.
TikTok Shop raises fees, prices to soar
US
Various
April 7, 2024
TikTok
Market Entry
Strategy
TikTok Shop’s era of offering deals too good to be true is potentially ending, with seller fees jumping from 2% to 8% by July. This significant hike could lead to higher prices for shoppers, challenging the loyalty to TikTok's ecommerce model.
Google eyes $35B Hubspot acquisition
US
Various
April 7, 2024
Acquisition
Strategy
Google's talks with Morgan Stanley hint at a possible $35B offer for Hubspot. The deal could expand Google's CRM footprint, amid its search for growth avenues and competitive pressures.
B&Q's marketplace conquers 38% ecommerce sales
UK
Various
April 7, 2024
Expansion
Strategy
With a 38% slice of ecommerce pie by Jan 2024, B&Q's marketplace under Kingfisher eyes global domination, starting with France and Poland expansions. Ecommerce sales have surged to £2.3B, a testament to strategic partnerships and a diversified category spread.
Google's final call for GA4 migration
America
Various
April 7, 2024
Strategy
Innovation
As the Universal Analytics sunset looms in July, Google nudges for a shift to Google Analytics 4. The end of UA could spell disaster for unprepared campaigns, with data deletion and measurement halts.
Buybuy Baby outshines Amazon with expertise
US
Fashion & Beauty
April 7, 2024
Strategy
Innovation
After navigating bankruptcy, Buybuy Baby, previously under Bed Bath & Beyond, is carving out a niche against giants like Amazon with its expertly curated baby products and omnichannel approach, offering a mix of digital and physical shopping experiences.
Shein's profits soar to $2 billion in 2023
China
Fashion & Beauty
April 7, 2024
Shein
Expansion
Strategy
Shein's profits hit a new high of $2 billion, doubling its earnings and selling $45 billion in goods. As it expands, facing Temu and IPO challenges, Shein's market strategy evolves beyond fashion.
Canada Goose & friends trim DTC sails
Canada
Fashion & Beauty
April 7, 2024
Strategy
Consumer
As consumer spending tightens, Canada Goose, Nike, and Levi, the titans of DTC, navigate layoffs and strategy pivots. A dance between cutting costs and rekindling wholesale relationships unfolds, signaling a rocky DTC path ahead.
H&M slashes prices and revamps retail
UK
Fashion & Beauty
April 7, 2024
Strategy
Under new CEO Daniel Ervér, H&M Group is reducing prices while aiming for upscale design to boost profitability. With already low prices, the strategy includes revamping stores and making premium fashion more accessible.
Shopify doubles down on eco-commerce
America
Mass
April 7, 2024
Shopify
Strategy
Sustainability
Shopify is not just about selling online; it's about selling sustainably. With the Planet app, Shopify merchants offer carbon-neutral shipping, neutralizing emissions from over 25M orders and removing 23,000 tons of CO2 since 2022.
Amazon revises checkout-free tech strategy
US
Mass
April 7, 2024
Amazon
Strategy
Innovation
Amazon's Just Walk Out technology, once a symbol of AI's retail prowess, is taking a backseat at Amazon Fresh stores in favor of Dash Carts. A blend of tech and manual checks, involving a 1,000-strong team in India, didn't quite match the AI dream.
Amazon delays rollout of controversial fee
US
Mass
April 7, 2024
Amazon
Strategy
Regulations
Amazon halts its new low-inventory fee for April 2024, creating a "transition period" to help sellers adjust. This comes amid widespread concern and an FTC probe into how these fees affect Amazon's merchant community.
Airbnb shakes up B2B with SaaS venture
US
Various
March 31, 2024
Airbnb
Strategy
Innovation
Airbnb's entry into the SaaS market could revolutionize property management, making the connection process for rentals significantly more efficient. Christopher Nulty mentions Airbnb's goal to explore beyond cities, indicating a strategic market expansion.
Coupang Eats switches to free delivery model
Korea
Food & Grocery
March 31, 2024
Strategy
Innovation
Coupang Eats revamps its WOW membership to include free delivery, eliminating cost hurdles and potentially doubling order volumes, as CEO Bom Kim reports a significant rise in subscriptions.
DoorDash boosts local restaurants with grants
US
Food & Grocery
March 31, 2024
DoorDash
Launch
Strategy
DoorDash opens its Accelerator for Local Restaurants program to foodservice operators in D.C. and Minneapolis, offering tailored programming, partnerships, and a $5,000 grant to foster community connection and revenue growth.
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