MarketMaze on LinkedIn: #swappie #eib #refurbishedtech (2024)

Amazon Fresh launches new Prime deals for UK shoppers! 🛒• 🛍️ Amazon Fresh introduces Prime Member Deals for UK Prime members.• 📦 Prime members get 10% off in-store Price Cut products and up to 50% off weekly specials.• 🛒 Over 100 towns and cities in the UK can now get grocery deliveries from Amazon.• 🌟 Examples of discounts include 50% off Pepsi Max, 40% off McGuigan Black Label Chardonnay, and 30% off Andrex Supreme Quilts Toilet Tissue.• 🚀 Ganesh Rao, VP of Amazon Fresh International, highlights the milestone of extending grocery deliveries to all Amazon customers.• 🌐 Prime members can access these deals online or in-store by using the Amazon app or a linked card.• 🚚 Free two-hour delivery on Amazon Fresh online orders above £60 for Prime members.• 🎬 Additional Prime benefits include fast delivery on millions of items, Prime Video streaming, and more.~~~✍️Will Amazon's Prime Member Deals make you shop more online?♻️ Reshare if this resonates with you.💌 Subscribe to MarketMaze for more insights. Link in bio.#Amazon #AmazonFresh #PrimeMemberDeals

Be up to date with last week news from online Food & Grocery space📅 June W2 2024🇬🇧 Amazon Fresh offers new Prime Member DealsAmazon Fresh introduces Prime Member Deals, giving UK Prime members exclusive discounts and delivery options. Prime members get 10% off in-store price cut products and up to 50% off weekly specials. Non-Prime customers have delivery fees.🇳🇱 Picnic achieves first gross profit via robotisationPicnic, the Dutch online supermarket, reached its first gross profit since 2015. CEO Michiel Muller credits robotisation, with order processing becoming twice as efficient. However, he warns that net profits aren't expected soon due to ongoing investments.🇺🇸 Domino's uses AI to make pizzas fasterDomino's, led by CEO Russell John Weiner, uses AI to start making pizzas before customers order them. This innovation aims to speed up delivery and improve efficiency. The company is also partnering with Microsoft to enhance their AI capabilities.🇬🇧 Deliveroo partners with Mob Kitchen for recipesDeliveroo has launched a new partnership with Mob Kitchen to provide exclusive recipes. Ingredients can be delivered from local supermarkets through Deliveroo in as little as 20 minutes. The partnership aims to inspire customers with easy, healthy, comforting, and impressive recipes.🇵🇷 Uber Eats boosts sales for Puerto Rican restaurantsUber Eats has helped Puerto Rican restaurants increase sales by up to 50% since its debut in 2018. Over 11 million orders have been placed, and 65% of its 1,700 partners are SMEs. This growth was crucial during the pandemic.~~~✍️ Did we miss any key news? What surprised you the most?♻️ Reshare if this resonates with you.💌 To never miss insights like this subscribe to MarketMaze. Link in bio#ecommerce #marketplace #glovo #deliveroo #ubereats #doordash

Vietnamese fashion brands are going viral on TikTok! 🌟- 🌍 Vietnamese fashion brands are booming on TikTok.- 🌟 Celebrities like Jennie from Blackpink endorse these brands.- 🌱 Brands focus on quality and sustainability.- 🛍️ Shoppers are turning away from fast fashion giants like Shein.- 📈 Vietnamese brands are expanding globally.- 💬 Vietnamese dressmaker Phan receives many overseas orders.- 🛒 L Seoul is opening a shop in Bangkok, planning for Dubai.~~~✍️Would you switch to sustainable fashion brands?♻️ Reshare if this resonates with you.💌 Subscribe to MarketMaze for more insights. Link in bio.#Vietnamfashion #LSoul #VietnameseFashion

Michael Kors uses AI for better online shopping 🛍️- 🛍️ Michael Kors launched an AI retail assistant on its US website.- 🤖 Named 'Shopping Muse,' it offers personalized product recommendations.- 📈 Increased conversion rates by 15-20% during initial tests.- 👗 Partnered with Dynamic Yield, owned by Mastercard.- 💬 Translates consumer language into tailored recommendations.- 🚀 Initially launched in late 2023, now expanding.- 🌟 CEO Ori Bauer praises Michael Kors' use of their technology.- 🌍 Reflects a broader trend of digital transformation in retail.~~~✍️How do you feel about AI in online shopping?♻️ Reshare if this resonates with you.💌 Subscribe to MarketMaze for more insights. Link in bio.#MichaelKors #DynamicYield #ShoppingMuse

C&A ends partnerships to focus on digital growth. 📈- 📉 C&A ends partnerships with Amazon, Wehkamp, and Zalando.- 🔄 Higher sales but lower margins prompted the decision.- 📈 Focus shifts to own digital channels and 'C&A for you' membership program.- 🌍 'C&A for you' launched last year, now has 4 million members across Europe.- 🗣️ "We strongly believe in the growth trajectory ahead," says Wim Blaauw, Chief Digital & Transformation Officer.~~~✍️What do you think of C&A's strategic shift?♻️ Reshare if this resonates with you.💌 Subscribe to MarketMaze for more insights. Link in bio.#C&A #Amazon #Zalando

Shein raises prices by 28% ahead of IPO 📈🛍️ Shein raised U.S. dress prices by 28% to $28.51.📈 Shein's revenue is projected to reach $50B in 2024.🌍 Prices also rose 15% in the UK and 36% in Europe.💵 Aims to boost profit margins before IPO.👟 External brands like Skechers contribute to higher prices.💬 "Shein has seen strong momentum recently," says Erik Lautier.🚀 Valuation for IPO around 50 billion pounds.~~~✍️How do you feel about Shein's price hikes?♻️ Reshare if this resonates with you.💌 Subscribe to MarketMaze for more insights. Link in bio.#Shein #IPO #FastFashion

Look at last week developments in Fashion & Beauty ecommerce space📅 June W2 2024🇨🇳 Shein increases prices by 28% ahead of IPOShein increased prices by 28% on average for dresses in the U.S. This move is part of their strategy to boost revenue ahead of their IPO. External brands like Skechers are also driving higher prices.🇳🇱 C&A ends Amazon, Zalando partnershipC&A ends its partnerships with Amazon, Wehkamp, and Zalando. Higher sales but lower margins led to this decision. The retailer will now focus on its own digital channels and 'C&A for you' membership program, which has 4M members.🇺🇸 Michael Kors boosts online sales with AIMichael Kors introduces AI retail assistant, 'Shopping Muse,' on its website. Partnering with Dynamic Yield, it increases conversion rates by 15-20%. CEO Ori Bauer praises the innovation as a perfect example of ready-to-use tech in fashion.🇻🇳 Vietnamese fashion brands thriving on TikTokVietnamese fashion brands are booming thanks to TikTok. Celebrities like Jennie from Blackpink and influencers are driving the trend. The brands focus on quality and sustainability, unlike Chinese fast fashion giants Shein and Temu.🇺🇸 TikTok Shop Becomes Top Beauty RetailerTikTok Shop is now the 9th-largest online beauty and wellness retailer in the US. This growth is reshaping e-commerce as brands and influencers sell directly through the app.~~~✍️ Did we miss any key news? What surprised you the most?♻️ Reshare if this resonates with you.💌 To never miss insights like this subscribe to MarketMaze. Link in bio#ecommerce #marketplace #fashion #beauty

TikTok takes on Google with new image search feature! 📸• TikTok is testing an image search feature in TikTok Shop.• Users can take/upload photos to find similar products.• Available in the U.S. and Southeast Asia.• Competes with Google Lens and Amazon’s visual search.• Aims to boost e-commerce sales on TikTok Shop.• TikTok Shop has 15M sellers worldwide, 500K in the U.S.• Invested $400M in platform safety.• Potential U.S. ban if ByteDance doesn’t sell TikTok within a year.~~~✍️Will TikTok's new image search feature dethrone Google?♻️ Reshare if this resonates with you.💌 Subscribe to MarketMaze for more insights. Link in bio.#TikTok #Google #Ecommerce

ByteDance cuts 450 jobs after merging TikTok Shop with Tokopedia. 🛒• 🛒 ByteDance is cutting 450 jobs, 9% of its Indonesian workforce.• 📉 This follows a $1.5B merger with Tokopedia in January.• 🌍 The job cuts aim to streamline operations and reduce costs.• 📅 The layoffs start this month, with the final number still under discussion.• 💼 This move helps ByteDance comply with Indonesia’s new trade regulations.• 💡 ByteDance, valued at $220B, is part of a broader trend among Chinese Big Tech firms to cut jobs.• 🌏 TikTok, owned by ByteDance, also let go hundreds of employees globally last month.~~~✍️How do you feel about ByteDance's job cuts?♻️ Reshare if this resonates with you.💌 Subscribe to MarketMaze for more insights. Link in bio.#ByteDance #TikTokShop #Tokopedia

Amazon faces a massive $1.3B lawsuit from UK retailers. ⚖️- 🇬🇧 British retailers sue Amazon for $1.3B in damages.- 📅 Filed on June 7, 2024, in London.- 🏢 BIRA represents 35,000 small retailers.- 📉 Amazon accused of misusing marketplace data.- 📑 1,150 pages of documents presented as evidence.- 💼 Represented by Willkie Farr & Gallagher.- ⚖️ Similar past allegations from the EU and UK authorities.- 🗣️ Andrew Goodacre calls it a "turning point" for sellers.~~~✍️Do you think Amazon will change its business practices?♻️ Reshare if this resonates with you.💌 Subscribe to MarketMaze for more insights. Link in bio.#Amazon #BIRA #UKretailers