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Amazon Prime Air Drones 🛩️
Amazon is set to trial its Prime Air drone delivery service in the U.K., as part of a broader initiative to integrate drone flights into the country’s airspace. The U.K. Civil Aviation Authority (CAA) announced Thursday that Amazon, along with six other organizations, will participate in the experiment.
Yelp ads and AI 🤑
Yelp, the platform that helped define online business reviews, continues to be a significant player in today’s digital landscape. For Q2 2024, Yelp reported a 6% year-over-year increase in net revenue, reaching $357 million, while net income surged 158% to $38 million, reflecting an 11% profit margin.
Amazon & eBay vs TEMU & SHEIN ⚔️
As Temu and Shein continue their U.S. blitz, Amazon plans to counter with a discount store, leveraging the same de minimis rule. However, shipping times remain a challenge for the Chinese platforms, with Amazon still dominating U.S. e-commerce, capturing roughly 40% of the market in 2023.
🥊 Large-scale protest hits Temu.
This week, PDD Holdings faced a significant protest at its southern China offices as smaller partners campaigned against escalating penalties. Hundreds of merchants gathered to oppose Temu’s increasing fines and withheld payments for unmet customer expectations.
AI-Enhanced Smartphones 🧠 📞
Samsung and Apple's new smartphones with AI features are set to reshape user interactions and mobile commerce. At Galaxy Unpacked, Samsung introduced AI capabilities in the Galaxy Z Fold 6 and Z Flip 6, enhancing productivity and creativity. The Galaxy Z Fold 6’s Note Assist translates, summarizes, and auto-formats notes. Its Composer feature generates suggested text for emails and social media.
Unified Commerce 🔴
Unified commerce brings together sales channels, inventory management, order fulfillment, and marketing. This integration provides merchants with a comprehensive view of customers and inventory, ensuring a seamless shopping experience. Customers can buy online, pick up in-store, or try products in person before purchasing from home.
Amazon vs Temu & SHEIN ⚔️
Amazon plans to launch a new section dedicated to low-priced fashion and lifestyle items, allowing Chinese sellers to ship directly to U.S. consumers, CNBC has learned. Revealed at an invite-only conference for Chinese sellers, this move is Amazon’s most aggressive yet to fend off competition from e-commerce upstarts Temu and Shein. These rivals have been capturing U.S. market share with their rock-bottom prices on various products.
eBay x Venmo 🤯
eBay will integrate Venmo as a payment option to cater to Gen Z and millennial shoppers starting next week. This move aims to offer more choices and convenience, aligning with the preferences of modern consumers. Venmo, popular among over 90 million users, allows buyers on eBay.com and the eBay app to pay using their balance, linked bank account, debit, or credit cards. It also enables seamless transactions by linking Venmo accounts directly to eBay accounts, eliminating the need for repeated payment details.
🍪 Cookie-less Ads
Google Ad Manager has quietly launched a beta version of an advertising tag for email newsletters. These email ads are cookie-proof, not relying on third-party tracking cookies. With the impending end of tracking cookies in web browsers by 2025, publishers and advertisers are exploring new channels.