Saturday, September 20, 2025

Perplexity struggles to scale its shopping and ad businesses nearly a year after launching ad sales and in-app purchasing, frustrating marketers and merchants (The Information)

The Information:
Perplexity struggles to scale its shopping and ad businesses nearly a year after launching ad sales and in-app purchasing, frustrating marketers and merchants  —  Perplexity has drawn plenty of its headlines for its relentless fundraising—which recently valued the artificial intelligence search firm …



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Shein's IPO prospectus shows Q1 revenue of $9.05B, up 1% YoY, as it swings from $395M profit in Q1 2025 to $99M loss partly due to US' "de minimis" rule removal (Reuters)

Reuters : Shein's IPO prospectus shows Q1 revenue of $9.05B, up 1% YoY, as it swings from $395M profit in Q1 2025 to $99M loss partly...