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The Chinese e-commerce marketplace app DHgate, which is now the No. 2 free iPhone app in the U.S., isn’t the only one that’s oddly benefiting from President Trump’s tariffs on U.S. imports from China. Another Chinese shopping app, Taobao, has now also entered the Top 5 as of Thursday. U.S. consumers began flocking to these…
Temu and Shein plan to raise prices for U.S. customers starting next week on April 25th, due to President Donald Trump’s tariffs on goods shipped from China, the Associated Press reports. The 145% tariff on products made in China, along with Trump’s decision to end a customs exemption that had allowed goods under $800 to…
The Trump trade war has gone viral on TikTok, pushing a Chinese e-commerce app, DHgate, to the top of the U.S. App Store. After Trump increased U.S. tariffs on Chinese imports by 145%, numerous Chinese suppliers and manufacturers began making TikTok videos explaining to consumers how the global luxury goods market actually works. The clothing,…
In a quiet transformation from merchandising giant to (also) healthcare giant, Amazon may be positioning its sprawling logistics network and growing medical footprint to potentially save lives, starting with your front door. According to Bloomberg, back in 2023, Amazon piloted a several months-long pilot program called Project Pulse, equipping delivery vans with defibrillators and training…
Amazon is starting to test a new AI shopping agent, a feature it calls “Buy for Me,” with a subset users, the company announced in a blog post Thursday. If Amazon doesn’t sell something that users are searching for, the Buy for Me feature will display products to users that other websites are selling. Then,…
Automattic, the company behind WordPress.com, Tumblr, WooCommerce, and a range of other online services, is reducing its workforce. The layoffs will impact 16% of staff across divisions, an Automattic blog post published Wednesday reveals. Ahead of the layoffs, Automattic’s website listed 1,744 employees, which means north of 270 people may have lost their jobs. (Automattic…
Amazon continues to infuse AI into its shopping tools to encourage customers to make more purchases. The company announced on Wednesday a new feature called “Interests,” aimed at creating a more personalized and conversational search experience. With the new feature, customers can enter tailored prompts in the search bar, reflecting their interests, preferences, and even…
Uber Technologies has ended its acquisition of Delivery Hero’s Foodpanda in Taiwan, the Germany-based tech firm said on Tuesday. The announcement comes roughly three months after Taiwan’s antitrust regulator blocked the deal, citing competitive issues. The Fair Trade Commission (FTC) said that if Uber acquired Foodpanda, its market share in Taiwan would increase to 90%,…
Despite clouds of uncertainty looming over the economy and geopolitics, people still want to travel. To meet that demand, Mews, an Amsterdam-founded ‘unicorn’ building an SaaS platform for hotel management, has raised a fresh $75 million. The funding is coming at a crossroad in the travel industry. On one hand are positive signals. Analysts at…
While Venmo or Splitwise are effectively ‘debt collector’ tools, which require one person to pay a full bill and then request funds from others, neither have cracked bill-splitting at the moment of payment. European startup Cino, which has come up with just such a product, has now raised €3.5m in a Seed funding round led…