Quick commerce players are seeing a steep surge in monthly cash burn. This and more in today’s ETtech Morning Dispatch.
The monthly cash burn for quick commerce players, including new entrants, has surged to Rs 1,300-1,500 crore, doubling in just a few months, reflecting intense competition for users. Burn rate ...
U.S. Customs and Border Protections officers working at the Chicago International Mail Branch stopped eight shipments from China containing 161, 860 fake stamps, the agency said Thursday.
Amid Temu’s temporary suspension in Vietnam, e-commerce experts recommend that authorities require the platform to disclose refund details and set clear timelines for unresolved cases.
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Contract logistics giant GXO Logistics Inc.’s fourth-quarter revenue increased 25% year over year to $3.25 billion, thanks to strong sales and a major new customer contract, company officials said.
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Spreetail, the leading ecommerce marketplace accelerator for brands and manufacturers of oversized products, today announced record-breaking results f ...
Zebra has a global manufacturing and selling footprint and previously faced risk from its reliance on Chinese manufacturing. However, Zebra has alleviated this pressure in recent years and now has ...
D2C brand Yu Foods’ operating revenue surged 103.9% to INR 15.7 Cr in the financial year 2023-24 (FY24) from INR 7.7 Cr in ...
International Paper said on Thursday it was shutting down four production facilities in the U.S. and laying off about 1% of ...
AppLovin stock surged 30% after strong Q4 earnings, capping off a year of massive gains. Analysts remain bullish despite ...
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