Sunday, May 26, 2024

How Shein and Temu, which are spending billions on digital ads and offering steep discounts or free products, have become big threats to Amazon in the US (Louise Matsakis/Big Technology)

Louise Matsakis / Big Technology:
How Shein and Temu, which are spending billions on digital ads and offering steep discounts or free products, have become big threats to Amazon in the US  —  In the fall of 2020, Amazon looked unstoppable.  The pandemic lockdowns had supercharged its e-commerce business …



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Datadog closed up 31%+ after reporting Q1 revenue up 32% YoY to $1B and raising its FY revenue forecast, an outlier in the software industry amid the AI boom (Mike Wheatley/SiliconANGLE)

Mike Wheatley / SiliconANGLE : Datadog closed up 31%+ after reporting Q1 revenue up 32% YoY to $1B and raising its FY revenue forecast, a...