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Industry NewsReuters

Walmart Appoints Kyle Kinnard as New COO for U.S. Operations

Walmart announces a leadership change with Kyle Kinnard, former COO of international operations, taking over as U.S. COO. This move is part of CEO John Furner's technology-driven strategy to further drive e-commerce expansion and attract higher-income consumers.

18 items
Industry NewsLatimes

Amazon Bay Area Delivery Partners Lay Off Over 150 Workers

Amazon's delivery partners in the San Francisco Bay Area have recently laid off more than 150 workers. This layoff reflects adjustments in the logistics and delivery industry in the face of cost pressures and demand fluctuations, potentially impacting local delivery times.

Industry NewsChuhai

Amazon GWD Warehouse in Shanghai Officially Opens, Supports FOB Trade Terms

Amazon's GWD warehouse in the Shanghai Lingang New Area fully opened on July 16. The warehouse supports FOB trade terms and features an automated sorting system, aiming to provide more efficient inventory management and fulfillment services for sellers in East China, alongside a limited-time free storage offer.

Industry NewsQuasamedia

Wonder Family Bankruptcy Case Reveals Limits of AI in E-commerce Investment

The bankruptcy case of Wonder Family indicates that relying solely on AI for product selection and operations, while neglecting deep supply chain management and economic model feasibility, makes it difficult to maintain long-term profitability in the Amazon private label sector.

Industry NewsCnhnb

Amazon GWD Shanghai Warehouse Officially Opened and Supports FOB

Amazon’s GWD Shanghai warehouse officially opened on July 16, located in the Lingang New Area, supporting the FOB model and equipped with an automated sorting system. Sellers entering the warehouse can enjoy 30 days of free storage and multiple waived fees, further optimizing fulfillment in the East China region.

Industry NewsShopifreaks

U.S. Department of Justice Allows Federal Employees to Use TikTok on Work Devices

With ByteDance completing the transfer of control over U.S. business data, the U.S. Department of Justice has approved federal employees to download and use TikTok on work devices. This policy shift signifies significant compliance progress for TikTok in the U.S. and helps alleviate previous concerns about platform security.

Industry NewsShopifreaks

eBay Releases Rate Table for Live Commerce, Most Categories Dropped to 8.9%

eBay officially announced its open rate table for the live shopping feature (eBay Live). Compared to the platform's standard commission of 13.6% for non-store sellers, the rate for live commerce categories has significantly been reduced to 8.9%, aiming to attract sellers to engage in live e-commerce business through more competitive costs.

Industry NewsShopifreaks

TikTok Tests AI Deepfake Detection Tool to Protect Creator Rights

TikTok is testing a new self-selection tool aimed at scanning and identifying unauthorized AI deepfake content on the platform. This tool allows creators to report instances of their likeness being misused, further enhancing the platform's governance over AI-generated content.

Industry NewsStackinfluence

Amazon Cancels Independent Performance Threshold for Featured Offers

Amazon has recently adjusted the rules for obtaining Featured Offers (i.e., the shopping cart) by eliminating the previous independent seller performance qualification check. Now, metrics such as order defect rate, chargeback rate, and customer feedback will be combined with factors like price and delivery speed, using a unified weighted formula for ranking.

Industry NewsStackinfluence

Walmart Lowers Commission Rates for 14 Categories on Its Platform

Walmart has quietly lowered commission rates for 14 categories on its platform, with the most significant reductions seen in clothing, electronics, and home categories. This aims to enhance the platform's price competitiveness through reduced seller costs ahead of upcoming promotional events.

Industry NewsBusinesswire

Alipay+ Launches Cross-Border QR Payment in Argentina

Alipay+, a subsidiary of Ant Group, announced integration with Argentina's national QR payment system, Transferencias 3.0, enabling global tourists to make QR payments at millions of merchants in Argentina.

Industry NewsWalmart

Walmart and Sam's Club Lower Summer Product Prices

Walmart and Sam's Club recently implemented price reductions on thousands of summer products in a bid to attract more foot traffic during the summer shopping season by offering high-value products.