Walmart-Backed Flipkart Readies Mumbai IPO
Flipkart, one of India’s biggest eCommerce platforms, is preparing for a potential initial public offering (IPO) in Mumbai that could take place this year or early next year, Bloomberg reported Wedn...
Stitch Fix Clients Seek New Sizes as GLP-1 Use Climbs
Stitch Fix used its fiscal second-quarter earnings call to highlight how artificial intelligence and data-driven personalization are reshaping the way consumers discover and purchase apparel on its pl...
Nvidia Sprays the Cash; FCC Chair’s SpaceX Defense
If you’re in need of a billion or two in cash, why not hit up Jensen Huang? The Nvidia CEO has plenty of money to spare, particularly if you’re in business with him in some way. Nvidia’s announc...
PayPay Eyes Lower IPO Price Amid Market Turbulence
Japanese digital wallet provider PayPay plans to price its U.S. initial public offering at $16 per share, lower than its marketed range of $17 to $20, Bloomberg reported Wednesday (March 11), citing u...
Binance.US Names New CEO
Binance.US, the American crypto platform founded and majority owned by Changpeng Zhao, said it has hired Stephen Gregory as its new chief executive officer, as it doubles down on the U.S. market. The ...
Amazon Streamlines Direct Sales for Merchants
Amazon is making it easier for merchants to participate in Shop Direct, its program that helps customers find and buy products that are not sold in its own store.
The company now enables me...