Temu, Shein, and streaming and gaming apps looking to break into the U.S. market are spending huge sums to get their wares in front of American consumers.
Category: E-Commerce
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RuPaul Is Sending a Rainbow Bus to Give Away Books Targeted by Bans
The star, whose show “RuPaul’s Drag Race” has an international following, is one of the founders of a new online bookstore promoting underrepresented authors. The giveaways are part of its outreach.
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UnitedHealth Cyberattack Disrupts Prescription Drug Coverage
For nearly a week, people have been waylaid at pharmacies after a unit of the nation’s largest insurer was shut down by a possible ransomware assault.
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South Korea’s Antitrust Enforcers Aimed at Big Tech. Then Came the Backlash.
The government pledged to protect South Korean online platforms from marketplace giants, but online business circles are crying foul play.
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Squeezed by Soaring Rent, Small Shops Get Creative
Some ambitious entrepreneurs in New York City are experimenting with diversified business models to connect with shoppers and bring in more money.
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Machu Picchu Access Blocked by Peruvian Protesters Over New Ticket System
Protesters blocked access to the Incan site in Peru over a new ticketing system. Tourists have been evacuated, but there could be more unrest. Here’s what to know.
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Lugging Credit Card Debt Into 2024? Now’s the Time to Make a Plan
Most Americans with card debt have not outlined a way to bring it down, a new report says. There are ways to get help.
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Tencent and Netease Rally on Signs China May Ease Gaming Proposal
After a market rout, gaming companies like Tencent and Netease rally on signals that regulators might apply proposed curbs on users less harshly than feared.
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Holiday Spending Increased, Defying Fears of a Decline
While the pace of growth slowed, spending stayed strong because of robust job growth and strong wage gains.
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Americans May Be Taking on Too Much Pay Later ‘Phantom Debt’
Buying mattresses, clothes and other goods on installment plans has propped up spending, but economists worry that such loans could put some people at risk.
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Chinese Traders and Moroccan Ports: How Russia Flouts Global Tech Bans
Using specialized e-commerce sites, secretive shipping workarounds and a constellation of middlemen, Russia has obtained the tech components it needs to keep its economy and war in Ukraine going.