Shopify took down Kanye West’s online store after the musician sold t-shirts with the swastika symbol. West, who also goes by Ye, advertised his online store in a Super Bowl commercial on Sunday, directing viewers to his website, where the only item listed was the swastika t-shirt. Though Shopify removed a policy banning sellers from […]
Construction procurement is highly fragmented, manual, and opaque, forcing contractors to juggle multiple suppliers, endure lengthy negotiations, and deal with delayed payments. In Saudi Arabia, where trillion-dollar infrastructure and real estate projects are underway, these inefficiencies are even more pronounced. To address this, BRKZ, a Riyadh-based construction tech startup, offers a tech-enabled managed marketplace that
Saudi’s BRKZ closes $17M Series A for its construction tech platform Read More »
On the same day that President Donald Trump delayed ending a trade exemption targeting certain Chinese imports, ecommerce company Shopify published a blog post making its stance on U.S. trade policy clear. In the post, Shopify endorsed “open trade,” calling for regulators to give online merchants the “freedom to expand without constraints imposed by geopolitical
Shopify pushes for ‘open trade’ as Trump delays import exemption Read More »
Indian food delivery company Swiggy’s stock fell below both its IPO price and its last private valuation as mounting losses and a wavering market position in quick commerce pressured its margins in the last quarter. The food delivery company’s stock fell as low as ₹374.80 ($4.29) on Thursday below its November IPO price of ₹390,
Swiggy, 2024’s biggest tech listing, falls below its IPO price and 2022 valuation Read More »
After consumer protection scrutiny dialled up on fast-fashion giant Shein in the European Union on Wednesday, the bloc’s executive announced Thursday that it’s sent a fresh request for information (RFI) to the ecommerce platform under the Digital Services Act (DSA), a pan-EU online governance framework. The Commission oversees larger platforms’ compliance with a subset of
Shein gets more questions from EU about DSA compliance Read More »
Indian food delivery group Zomato plans to rename itself as Eternal, a strategic shift as its quick commerce unit Blinkit becomes a significant driver of future growth. The Gurugram-based company, which joined India’s benchmark BSE Sensex in December, said on Thursday the name change would better reflect its expanding business portfolio that includes quick commerce
India’s Zomato to rebrand as Eternal Read More »
An estimated 20% to 30% of all inventory in the U.S. is surplus, with much of it ending up in landfills. A startup called Sotira wants to help address this problem: It leverages AI to help companies offload and monetize their surplus inventory. Sotira partners with brands to offload millions of pounds of surplus grocery,
Sotira lands $2M to help brands offload and monetize their surplus inventory Read More »
Chinese fast-fashion retailer Shein has relaunched in India through a partnership with Reliance Retail, nearly five years after it was banned amid diplomatic tensions between New Delhi and Beijing. The new Shein India Fast Fashion app, developed and launched by billionaire Mukesh Ambani’s Reliance Retail, marks a significant return to one of Asia’s largest retail
Shein app returns to India via Reliance deal Read More »
Amazon is eliminating a small number of roles in its Communications and Sustainability departments, according to an internal memo viewed by TechCrunch. Per the memo, these cuts appear related to Amazon’s controversial return to office policy. In September, Amazon CEO Andy Jassy notified employees that they would be expected to return to the office five
Amazon cuts jobs in Sustainability department Read More »
Quick-commerce startup Zepto has moved its domicile to India from Singapore, joining a growing number of Indian startups that have moved their headquarters home ahead of an IPO in the country. The transition marks the fastest shift of registered headquarters to India by a startup in the country, according to Zepto’s chief financial officer Ramesh
Zepto shifts HQ to India as local listings gain appeal Read More »
