Saturday, March 27, 2021

A look at Google's two-decade quest to compete with Amazon, as it now tries to present itself as a cheaper and less restrictive option for independent sellers (Daisuke Wakabayashi/New York Times)

Daisuke Wakabayashi / New York Times:
A look at Google's two-decade quest to compete with Amazon, as it now tries to present itself as a cheaper and less restrictive option for independent sellers  —  Google presents itself to independent sellers as cheaper and less restrictive.  But it is not clear whether it can change people's habits of going straight to Amazon.



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Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shein to cut pre-IPO valuation from $66B to ~$30B (Financial Times)

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