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Shein cut prices for customers in the United States after Washington temporarily lowered tariffs on Chinese imports.
“We’ve lowered our prices across a wide range of styles, which means more big savings on summer deals!” the fast-fashion retailer said in a statement Wednesday (May 15) on its website.
Below the message, the company included a guide to tariffs and how they relate to Shein’s...
Last month, Chinese tech conglomerate Alibaba debuted a fast delivery service it dubbed “instant commerce.”
On the company’s earnings call Thursday (May 15), analysts wanted to know: Why now, especially given recent intensification in the food delivery space?
Fan Jiang, CEO of the company’s eCommerce segment, argued the company has some notable advantages, having built up its delivery...
Microsoft said Monday (May 12) that it will retire Bing Search APIs on Aug. 11.
“Any existing instances of Bing Search APIs will be decommissioned completely, and the product will no longer be available for usage or new customer signup,” the company said in an Azure Update.
Microsoft suggested in the update that customers may consider as an alternative Grounding with Bing Search as part of Azure...
Proofpoint plans to acquire Hornetsecurity Group to enhance its ability to provide human-centric security to small- to medium-sized businesses (SMBs) around the world through managed service providers (MSPs).
The company has entered into a definitive agreement for the acquisition and expects the acquisition to close in the second half of the year, subject to customary closing conditions,...
The real estate industry, like many others, is confronting structural challenges that require not only resilience but reinvention.
Today’s unavoidable macro landscape is characterized by uncertainty, rising interest rates and consumer hesitation. Consumers remain wary, loan officers are treading carefully, and traditional tools are proving insufficient in navigating today’s climate.
“The general...
Looking for a travel-related business that’s actually booming during the year of COVID-19? It’s out on the water, in rented boats of every shape and size from kayaks to luxury yachts.
“We had our drop-off in April, and then come May we saw a very quick rebound, Bryan Petro, chief operating officer of boat rental and charter marketplace GetMyBoat, told PYMNTS. “From April [to August], we are...
In China, crypto over-the-counter (OTC) traders are being arrested in an attempt to crack down on illegal transactions, according to a report from CoinDesk.
Prominent OTC trader Zhao Dong, of crypto lending platform RenrenBit, was held up by police in the city of Hangzhou, the report says. Zhao has a prominent status among the community, and rumors online began to circulate. One poster relayed...
Two innovators approached a well-heeled investor asking for money. Their sales pitch was very convincing. They told this investor that their innovation was so incredibly cutting-edge that only the hopelessly uninformed would fail to recognize its value. The innovators said that they had picked him because he was smart and forward-thinking enough to see the potential. The investor, who prided...