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Report: Amazon Considering Peloton Acquisition as Fitness Company Seeks Profitability

Retail TouchPoints

FEBRUARY 8, 2022

He was CFO at Netflix from 1999 to 2010, putting him in a leadership role during the transition from mail-based distribution to streaming-based subscriptions. The company is aiming to achieve at least $800 million in annual run-rate cost savings through operating expense efficiencies and margin improvement in its Connected Fitness category.

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Have Temu and Shein Thwarted Wish’s Hopes of a Comeback?

Retail TouchPoints

AUGUST 7, 2023

When it debuted back in 2010, Wish was the only game in town as far as manufacturer-direct discount shopping apps went. Europe should continue to be a strategically important region for Wish as our European customer base accounted for nearly half of the core marketplace revenue in Q2,” said Yan. Rationalizing’ corporate overhead. “We

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