ONDC records over 30,000 food delivery orders on Holi
“Last year, total food orders during the Holi month were 3,000 plus and on Holi, it was less than 100 a day. In contrast, this year during the Holi long weekend (Saturday, Sunday and the holiday itself) we clocked more…
Amazon’s senior employees may not get a cash pay raise this year
Some of these top employees’ compensation, however, will meaningfully exceed that of last year due to growth in the e-commerce giant’s stock price over the past year, a spokesperson said.
Amazon invested $1.2 billion, hired 15,000 people to tackle counterfeit, fraud
Amazon said when a customer purchases from the store, they trust they will receive an authentic product, and when businesses choose to sell in the store, they trust Amazon to provide a great selling experience free from competition with bad…
Bridgestone launches brand refresh for Tires Plus and Hibdon Tires Plus
Bridgestone Americas Inc. is updating logos and brand campaigns across its Tires Plus and Hibdon Tires Plus brands. Bridgestone Americas is a subsidiary of Bridgestone Corp., one of the largest tire and rubber companies in the world based in Japan….
Walmart Vizio acquisition filing to be resubmitted, extending timeline for regulatory review
U.S. regulators will get extra time to review Walmart’s Vizio acquisition proposal following the retailer’s decision on Wednesday to withdraw a previous filing. In an explanation to the SEC on March 27, Walmart stated its intent to refile its Hart-Scott-Rodino…
The Home Depot bets big on contractors with its biggest ever acquisition
In its largest acquisition ever, The Home Depot Inc. will acquire SRS Distributors for approximately $18.25 billion. Home Depot is betting that the retailer’s future business is tied to professional contractors and B2B digital commerce. SRS has a 2,500-plus professional…
Beyond relaunches Overstock.com, partners with X
Beyond Inc. relaunched Overstock.com and announced a new partnership with X, formerly Twitter. The news comes after a busy year for Beyond, including its acquisition of Zulily, new CEOs, and more. The retailer said in a March 27 announcement that…
Why Gartner is right about AI taking the lead in procurement
Seth Catalli A new report from technology research and advisory firm Gartner Inc. — “Predicts 2024: CPOs Adjust to Technology’s Impact on Procurement” — suggests that significant developments are on the horizon for AI in procurement. Let’s see how. Thanks…
Amazon needs to comply with EU ad database
The European Court of Justice has ruled that Amazon must establish a publicly accessible advertising repository. The obligation stems from European platform rules outlined in the Digital Services Act (DSA). Amazon has stated that it is disappointed by the ruling.
Dutchies wins Best Starting Shop Award 2024
Last night, the Dutch Shopping Awards were presented for the 23rd time. It is one of the most prestigious award shows in ecommerce in the Netherlands. Dutchies, a new online store selling handmade leather phone cases and bags won the…
