Amazon’s cashier-less checkout technology reaches 200 plus
Amazon.com’s cashier-less checkout technology is available in more than 200 establishments in and outside the company, Reuters news report said.
The e-commerce and cloud-computing giant...
Current trends for opening an online business
The first Amazon order placed online was a book in 1995. The e-commerce industry has generated sales roughly around $5 trillion over the past...
Amazon to cut 9,000 jobs targeting cloud and advertising divisions
Amazon.com said it would cut another 9,000 jobs to make its operation lean and manage economic uncertainty.
Amazon will have eliminated 27,000 positions in recent...
Ecommerce major MercadoLibre to invest $3.6 bn in Brazil
MercadoLibre, the South American e-commerce and financial services giant, is planning to invest 19 billion reais ($3.60 billion) in Brazil in 2023, 11.5 percent...
Walmart plans $1.5 bn investment in Mexico and Central America
Walmex, Walmart’s unit in Mexico and Central America, plans to boost spending in the region by 27 percent to around 27 billion pesos ($1.49...
Amazon to spend $200 mn on safety technology across transportation network
Amazon announced $200 million investment plan in new safety technology across its transportation network in 2023 to meet the goals outlined in the U.S....
Jumia slashes jobs to 900 workers as part of cost-cutting
Jumia, an African e-commerce marketplace, has laid off 20 per cent of its staff -- about 900 workers as part of its cost-cutting efforts.
“We...
Walmart plans to close three of its U.S. technology hubs
Walmart plans to close three of its U.S. technology hubs and has asked hundreds of workers to relocate to keep their jobs, the Wall Street...
E-commerce firm eBay to lay off 500 employees
The San Jose, California-based E-commerce firm eBay will lay off 500 employees globally, representing 4 percent of its total workforce.
“This shift gives us additional...
E-commerce platform Daraz to cut 11% of jobs
Alibaba Group subsidiary, Daraz Group, an e-commerce platform in Asia, is reducing its workforce by 11 percent, the group’s CEO Bjarke Mikkelsen said in...
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