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Wish Sold to Asian Ecommerce Platform Qoo10 for $173 Million

Retail TouchPoints

“By combining our operating expertise and Wish’s technology and data science capabilities , we expect to drive greater success for merchants while providing an even greater marketplace for consumers globally.” At the same time, we believe this is a compelling opportunity for shareholders to directly benefit from the approximately $2.7

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Report: Amazon Considering Peloton Acquisition as Fitness Company Seeks Profitability

Retail TouchPoints

Peloton is facing these challenges head-on with the appointment of its new CEO: McCarthy is a longtime executive, advisor and board member at both public and private technology companies. He also was CFO of Spotify from 2015 to January 2020 and has served on the boards of companies including Pandora and Rent the Runway. “He’s

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In the News: Recovery Grants From $1,000 to $100K Available to Small Businesses

Small Biz Trends

Businesses looking for help for debt repayment to renovations, operating expenses, lost revenue, and more can apply for grants from $1,000 to $100K. His entrepreneurial spirit sparked early in his career while he was at About. This week there are a number of Pandemic Recovery Grants available in cities across the U.S.

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

Retail TouchPoints

When it debuted back in 2010, Wish was the only game in town as far as manufacturer-direct discount shopping apps went. Here’s a look at some of those initiatives and where Wish is focusing next: 1. Yan also said the company plans to leverage generative AI to categorize marketplace items at scale.

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As-a-service may be more than you think

Cisco Retail

It was 11 years after the Webex SaaS model to AWS launching its first-generation IaaS (infrastructure-as-a-service), EC2 in 2006, with Google Cloud and Azure following closely in 2008 and 2010. For example, some people think that NaaS is just an operating expense model to pay for networking services like a lease.