Meesho Is Catching Up
The app, which is only available in India, has 127 million downloads within the same time period compared to 81 million for Amazon and 50 million for Flipkart.
Go Deeper (2 min read)Party Over Profits
Since taking office in 2012, Xi Jinping has prioritized ideological purity, national security, and Communist Party dominance. Additionally, he has insisted on tighter government regulation of the economy.
Go Deeper (2 min read)Shipping Rates Are Down, Will Consumer Prices Follow?
After two years of port congestion and container shortages, logistic issues are slowly easing as Chinese exports decline as a result of softer demand from Western nations and weaker global economic outlook.
Go Deeper (3 min read)Rivian, Still A Bubble?
Founded in 2009, Rivian Automotive, Inc. is an American manufacturer of electric vehicles and provider of automotive technologies. Its car a built on a so-called skateboard platform that can accommodate future vehicles or be adopted by other automotive companies.
Go Deeper (8 min read)The Tight Labor Market Is Giving The Fed A Headache
Last Friday, the September job report release saw an unexpected drop in the unemployment rate and an increase in worker salaries. The news sent a clear signal to markets that the Fed would have to pursue more massive interest rate hikes to slow inflation down.
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Tech's Cyber Threats
Uber's internal communications were momentarily hampered by a security breach, providing one of the most glaring examples of how digital businesses with access to the best expertise and resources can still be repeatedly compromised.
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Robinhood, Broken Promises?
The Menlo Park, California-based financial services firm Robinhood Markets, Inc. offers commission-free stock trading, exchange-traded funds, and cryptocurrencies using a mobile app that was launched in March 2015.
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JPMorgan Moves Further Into FinTech
To counter threats from fintech companies like Stripe and Block, JPMorgan Chase has agreed to buy a payments startup named Renovite.
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Carbon Offsetting, An Opaque And Booming Industry
A Cheap Tool Enabling Companies To Make Dubious "Net Zero" Claims.
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Apple's Ads Push
Apple wants to roughly double the personnel in its rapidly expanding digital advertising business. According to recruitment websites, the iPhone manufacturer's ad platforms team consists of roughly 250 employees.
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Volkswagen To Go Ahead With The Porsche IPO
Volkswagen and Porsche Automobil Holding SE, the Porsche family holding and the company's largest shareholder, announced their intention to proceed with the IPO of Porsche AG.
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