Thursday, July 30, 2020

Rakuten confirms it is shutting its US online retail store, originally known as Buy.com, over the next two months; Rakuten bought Buy.com for $250M in 2010 (Devin Coldewey/TechCrunch)

Devin Coldewey / TechCrunch:
Rakuten confirms it is shutting its US online retail store, originally known as Buy.com, over the next two months; Rakuten bought Buy.com for $250M in 2010  —  Japanese conglomerate Rakuten has pulled the plug on its U.S. online retail store, originally known as Buy.com …



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Financial Times : Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shei...