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

Retail TouchPoints

The company also wants to improve the payment experience with a new guest checkout option — which rolled out on Wish’s mobile web platform in Q2 — and is working on easier log-in options for existing users. The company also is considering offering free shipping on orders above certain spending thresholds. Rationalizing’ corporate overhead. “We

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Amazon’s Q2 revenues beat expectations

Mass Relators

billion included in non-operating expenses from the company’s common stock investment in Rivian Automotive Inc. Amazon said this year’s net loss for the quarter includes a pre-tax valuation loss of $3.9 Amazon continued to expand its grocery store footprint by opening 12 Amazon Fresh stores across the U.S.

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Instacart expedites omnichannel retailing

Mass Relators

Two recent deals — the purchase of FoodStorm, an order management system that facilitates catering operations for food retailers, and smart shopping cart and checkout technology provider Caper AI — illustrate the point.