Thursday, December 9, 2021

Italy fines Amazon record $1.3 billion for abuse of market dominance

Italy's antitrust watchdog said it had fined Amazon 1.13 billion euros for alleged abuse of market dominance, in one of the biggest penalties imposed on a U.S. tech giant in Europe. https://ift.tt/3dGnS7X

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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...