eBay reports Q4 revenue up 15% YoY to $3B, above $2.87B est., GMV up 10% YoY to $21.2B, net income down 23% YoY to $525M, and forecasts Q1 profit above est.
Spencer Soper /Bloomberg:
How PDD's Temu, the world's biggest online dollar store, got sucked into President Trump's trade war; eMarketer expects Temu to have $30B in US sales in 2025
along with a 72-hour workweek regime on the side https://www.bloomberg.com/... Zheping Huang / @pingroma : Together, @spencersoper, @ClaireYChe & I take you to the Chinese factory producing random ite...
Sources: Amazon aggregators Branded and Heyday plan to merge; Branded would acquire Heyday in exchange for $521M in equity in a new company to be named Essor
Spencer Soper / Bloomberg :
Sources: Amazon is beta testing video ads on its shopping app on iOS with plans for a similar product for Android later in 2019
- Online retailer pushing video ad space in its smartphone apps — Product-related video content can keep shoppers from defecting Tweets: @spencersoper Tweets: Spencer Soper / @spencersoper : Amazon...
400K+ items, making up about a third of Amazon's ~$6B in annual sales in India, may disappear from Amazon India, while it works to meet new compliance rules
and a big one is in India Jon Russell / TechCrunch : Amazon and Flipkart pull 100,000s of products to comply with new Indian law John Adams / PaymentsSource : How politics are carving up the global pa...
A look at Amazon's efforts in India, getting users and merchants to buy and sell online, creating its own courier network, and more, as it battles with Walmart
Like many neighborhood stores in India, the Sri Lakshmi Venkateshwara Kirana is tiny and cramped. Tweets: @sub8u , @hem_arsenal , @alistairmbarr , @aaronrutkoff , @chafkin , @spencersoper , @manjunath...
Toyota says it will add Amazon Alexa to some Toyota and Lexus models in 2018 and plans to add to other models in 2019
even toilets Peter O'Kelly / Peter O'Kelly's Reality Check : Amazon's Alexa Voice Assistant Coming to Toyota's Cars This Year - Bloomberg Ben Fox Rubin / CNET : Amazon Alexa coming this year to some T...
PayPal strikes deal with MasterCard to allow payments in stores, will share data on any transactions using MasterCard mobile tap
How You Can Profit From Their Peace Kyle Wiggers / Digital Trends : PayPal inks a deal with MasterCard to enable in-store payments PYMNTS.com : Mastercard Is Over The Wallet — And All About The Accept...
eBay reports $2.1B in revenue, $0.43 EPS in Q3, beating expectations in first quarter without PayPal; stock pops over 7% after hours
Spencer Soper / Bloomberg Business :