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AliExpress, the Chinese marketplace platform owned by Alibaba, invites UK influencers to try livestreaming e-commerce. The new livestream service, which will operate through a partnership with Vogue Business, allows shoppers to interact with local models, actors, and TV personalities. Former…
Discover the ultimate destination for all your beauty desires with our curated list of the 10 best websites for cosmetics in Canada. Whether you’re a makeup enthusiast or just embarking on your beauty journey, these top-ranking Canadian websites offer an…
As the e-commerce sector continues to evolve, these top online shopping websites in the US remain at the forefront, consistently attracting high volumes of traffic. As of the latest data, the top 10 best e-commerce and shopping websites in the…
EBay has recently announced that it will be laying off approximately 9% of its workforce. The decision comes as the company restructures its operations and shifts its focus to new growth areas. The layoffs will affect around 1,000 employees across…
Cart, a Houston-based commerce and logistics solutions provider, has announced a significant boost to its operations with a $30 million infusion from Trinity Capital. The move comes from a successful $60 million Series C funding round earlier in June, which…
Luxury e-commerce is facing a tumultuous period, with once-thriving platforms now grappling with significant challenges. This week, the industry witnessed two major players, Farfetch and Matches, narrowly escape financial ruin by securing sales to new owners. The question on everyone’s…
China’s leading B2B cross-border e-commerce marketplace, DHgate, reported a record-breaking performance during the Black Friday and Cyber Monday 2023 period, doubling its Gross Merchandise Value (GMV) compared to the previous year. This five-day sales event, strategically planned for the 2023…
The Seattle-based online fashion retailer Zulily has announced it is going out of business. This news marks the end of a journey for a company that, at one point, was valued at $7 billion and stood as a formidable challenger…
A series of financial setbacks have challenged Farfetch’s mission to be the global platform for luxury fashion. In the second quarter of 2023, Farfetch reported a gross profit decrease of 9.3% year-over-year, with a significant drop from $267.7 million in…
The president of the Alibaba Group has stepped down from his position on the board of directors at Farfetch Limited. This resignation took effect immediately as of November 30th, marking a significant change in the relationship between two major players…