Shoppers are returning to shop in stores in similar numbers seen prior to the pandemic, further embracing self-serve habits as they increasingly use ‘do-it-yourself’ (DIY)… Read More »Nine-in-10 Millennials Prefer Mobile Ordering While Shopping Across APAC Markets
SINGAPORE–Chinese e-commerce major JD.com Inc. JD -6.37% told staff that it will cut executive salaries to improve employee benefits and ease financial pressure, as tech… Read More »JD.com Cuts Executive Pay as China’s Tech Firms Tighten Belts
HONG KONG—Indonesian ride-hailing, e-commerce and financial-services company GoTo Group is laying off 12% of its employees, or 1,300 people, as it seeks to cut costs… Read More »Indonesian Tech Giant GoTo Axes 1,300 Employees
Layoffs at ride-sharing firm Lyft Inc. and payments company Stripe Inc., as well as a pause in hiring at Amazon.com Inc., reflect a darker outlook… Read More »Tech Layoffs Reflect Worsening Outlook
Layoffs at ride-sharing firm Lyft Inc. and payments company Stripe Inc., as well as a pause in hiring at Amazon.com Inc., reflect a darker outlook… Read More »Analysis: Tech Layoffs Reflect Worsening Outlook
TikTok owner ByteDance has launched a women’s fashion website called If Yooou. Pinduoduo launched an e-commerce site in the US called Temu. The two companies… Read More »ByteDance, Pinduoduo launch overseas e-commerce sites in challenge to Amazon
Shares of the largest US technology firms have fallen out of favor in the most pronounced way since the 2000 tech bubble, victims of a… Read More »Rate Squeeze Punishes Once-Triumphant Tech Stocks
Apple Inc. AAPL 7.66% should probably consider sending a thank-you card to Microsoft, Amazon, AMZN -9.73% Google and Facebook. META 0.71% In what has been… Read More »Apple’s High Note Clears a Low Tech Bar
The growth of cloud computing has slowed a bit this year but remains one of the most resilient sectors in a generally tough environment for… Read More »Analysis: Cloud Growth Continues Amid Tough Times for Tech
Alphabet Inc. and Meta Platforms Inc. became two of the most valuable companies in the world by largely ignoring Wall Street and its concerns about… Read More »Opinion: Facebook and Google grew into tech titans by ignoring Wall Street. Now it could lead to their downfall