2024-01-10
“What we've seen post-Covid, we've seen customers want to be able to shop everywhere. They want to go to stores. They want to shop online.” “It's become really obvious and we might have got to this conclusion earlier if it hadn't been for Covid.” https://www.ft.com/...
Financial Times
How UK online clothes shoppers shifting back to physical stores post-pandemic exacerbated online retailers' challenges, including logistics and new upstarts
The pandemic turbocharged internet clothing sales, but a return to stores has left the UK's ecommerce pioneers with serious challenges Mastodon: @carnage4life@mas.to . X: @aservais...
2023-11-13
Australian authorities are investigating a “nationally significant” cyber attack that shuttered several ports run by DP World Australia and warned that the interruption could last days and affect trade shipments. https://www.bloomberg.com/...
ABC
DP World Australia, the country's second largest port operator, resumes operations after a cyberattack halted the movement of goods in and out of Australia
2023-11-12
Australian authorities are investigating a “nationally significant” cyber attack that shuttered several ports run by DP World Australia and warned that the interruption could last days and affect trade shipments. https://www.bloomberg.com/...
ABC
DP World Australia, the country's second largest port operator, shuts down after a cyber attack, impacting the movement of goods in and out of the country
Australia's second largest port operator has shut down because of a cyber security incident, impacting the movement of goods in and out of the country.
2022-09-02
Amazon introduces Amazon Warehousing & Distribution which will allow sellers to send their inventory to any location, including to wholesale customers or brick-and-mortar stores. Service to begin in 2023. https://www.reuters.com/...
FreightWaves
Amazon unveils Amazon Warehousing & Distribution, letting sellers store their bulk inventory at Amazon's fulfillment centers and access its distribution network
America's most prolific marketplace is continuing its push to monopolize its sellers' entire supply chains.
2020-07-25
Walmart is selling its Indian Best Price Modern Wholesale stores to Flipkart, the e-commerce startup it acquired 77% of in 2018. https://www.wsj.com/... via @WSJ
MediaNama
Flipkart buys Walmart's Indian wholesale arm and launches Flipkart Wholesale, an e-commerce service for small traders, to compete with JioMart
Aroon Deep / MediaNama :
2020-05-15
http://jd.com/ reports Q1 earnings - Net revenues up 20.7%. As of March 31, JD Logistics operated over 730 warehouses. Fulfillment expenses increased by 29%, Logistics and other service revenues increased by 53.6% http://www.globenewswire.com/ ...
Globe Newswire
JD.com beats expectations with Q1 revenue of $20.59B, up 20.7% YoY and net income of $200M; active customers increased 24.8% YoY to 387.4M
JD.com Announces First Quarter 2020 Results Email Print Friendly Share May 15, 2020 05:50 ET | Source: JD.com BEIJING, May 15, 2020 (GLOBE NEWSWIRE) …
2020-05-09
Whoa. Target just jumped up there in last-mile offerings... Target in process of acquiring tech assets from Deliv. Target characterizing deal as more a R&D type of acquisition & not one that will have an immediate consumer-facing impact. https://techcrunch.com/... via @TechCrunch
TechCrunch
Target to acquire technology and assets of same-day delivery startup Deliv, which has raised a total of $80M in venture capital according to Crunchbase
TechCrunch :
2020-05-08
Whoa. Target just jumped up there in last-mile offerings... Target in process of acquiring tech assets from Deliv. Target characterizing deal as more a R&D type of acquisition & not one that will have an immediate consumer-facing impact. https://techcrunch.com/... via @TechCrunch
TechCrunch
Target to acquire technology and assets of same-day delivery startup Deliv, which has raised a total of $80M in venture capital according to Crunchbase
Target, which already owns on-demand delivery service Shipt, is in the process of acquiring technology assets from same-day delivery service Deliv
2020-05-02
Amazon Q1 earnings out - Net sales up 26.8%, fulfillment costs up 34.1%, 3rd party seller services net sales up 31%, shipping costs up 49% https://s2.q4cdn.com/...
Amazon
Amazon Q1: $75.5B revenue, up 26% YoY, net income of $2.5B, down from $3.6B in Q1 2019, AWS revenue of $10.2B, up from $7.7B YoY
an estimated $4 billion — on responding to the coronavirus pandemic...Some of the $4 billion will also fund higher wages for workers, personal protective equipment.” https://www.cn...
2020-05-01
Amazon Q1 earnings out - Net sales up 26.8%, fulfillment costs up 34.1%, 3rd party seller services net sales up 31%, shipping costs up 49% https://s2.q4cdn.com/...
Amazon
Amazon Q1: $75.5B revenue, up 26% YoY, net income of $2.5B, down from $3.6B in Q1 2019, AWS revenue of $10.2B, up from $7.7B YoY; stock down 7%+
an estimated $4 billion — on responding to the coronavirus pandemic...Some of the $4 billion will also fund higher wages for workers, personal protective equipment.” https://www.cn...
2020-04-15
Big congrats to @FarEye who raised $25 million in a new financing round and looks to expand its footprint in international markets. More than 150 e-commerce and delivery companies globally use its services. https://techcrunch.com/... via @TechCrunch
TechCrunch
Indian logistics SaaS startup FarEye raises $25M Series D led by Microsoft's M12, bringing its total raised to $40M
Manish Singh / TechCrunch :
2020-01-06
Amazon India to become online sales channel for Future Retail stores including Big Bazaar & Foodhall. FR to list its items on Amazon's 2-hour delivery platform Prime Now currently operational in Delhi, Mumbai, Bengaluru & Hyderabad. https://techcrunch.com/... via @techcrunch
TechCrunch
Amazon strikes long-term partnership with India's second largest retail chain, Future Retail, to sell its goods on Amazon India marketplace
Manish Singh / TechCrunch :
2019-12-15
Nope....not buying it....- Morgan Stanley estimates Amazon Logistics will reach a volume of 6.5 billion packages per year by 2022, far exceeding its estimate for UPS at 5 billion packages per year and FedEx at 3.4 billion packages per year. https://www.cnbc.com/...
CNBC
Morgan Stanley estimates Amazon is delivering half of its US packages, will soon pass UPS and FedEx in total volume, at a current rate of 2.5B packages a year
Michael Sheetz / CNBC :
2019-12-14
Nope....not buying it....- Morgan Stanley estimates Amazon Logistics will reach a volume of 6.5 billion packages per year by 2022, far exceeding its estimate for UPS at 5 billion packages per year and FedEx at 3.4 billion packages per year. https://www.cnbc.com/...
CNBC
Morgan Stanley estimates Amazon is delivering half of its US packages, will soon pass UPS and FedEx in total volume, at a current rate of 2.5B packages a year
- Amazon Logistics is the e-commerce giant's in-house logistics operation. — “Our AlphaWise analysis shows …