Whatnot Hits $20 Billion Valuation Amid Live Shopping Boom

Livestreamed shopping startup Whatnot closed its latest round of funding at a $20 billion valuation, according to a company release issued on Friday, nearly doubling its valuation from less than a year ago. The $545 million Series G round was led by Iconiq, Lightspeed, and Avra. Valuation Growth and Funding History Whatnot’s rapid financial ascent … Read more

Lazada Layoffs: E-commerce Giant Cuts 5% of Southeast Asia Workforce

Lazada has initiated a workforce reduction affecting approximately 5 per cent of its employees across Southeast Asia, according to reports from The Business Times. The restructuring, which the company attributes to organizational efficiency and evolving business needs, follows a previous round of layoffs in January 2024. The company is coordinating with labor unions and government … Read more

Shopee Cuts Hundreds of Developer Jobs in Shift to AI

Sea Ltd. has eliminated approximately 8% of its developer workforce at its Shopee e-commerce unit as the company restructures its operations. The layoffs, which began in June 2026, arrive as the Singapore-based firm pivots toward artificial intelligence to counter intensifying competition and rising operational costs, according to people familiar with the matter. Why are tech … Read more

Alibaba’s core profit plunges even as AI and cloud growth accelerate

The High Cost of Dominance: How AI and Instant Delivery are Reshaping the Future of E-Commerce In the high-stakes world of global tech, there is a recurring tension between today’s profit margins and tomorrow’s market share. Recent financial disclosures from Alibaba highlight this struggle perfectly: a plunge in core profitability paired with explosive growth in … Read more

France Parcel Tax: Logistics Collapse & Job Losses Looming

France’s “Small Parcel Tax” Backfires: A Looming Crisis for Logistics The recently implemented small parcel tax in France, effective March 1st, 2026, is already demonstrating unintended consequences. Reports indicate a significant collapse in activity within the logistics sector, raising concerns about potential job losses and a shift in international trade routes. From Boom to Bust: … Read more

Uber to acquire Getir delivery business in Türkiye for $335m

Uber’s Turkish Expansion: A Sign of Consolidation in the Rapid Delivery Market Uber is deepening its presence in Türkiye’s competitive delivery landscape with a strategic acquisition and investment in Getir, a local player. The deal, encompassing Getir’s food delivery business outright and a significant stake in its broader grocery and retail operations, signals a potential … Read more

The Amazon effect: Gen Z now expect same-day or next-day goods deliveries or else

The Amazon Effect: How Retailers Are Redefining Delivery and Connection The relentless pursuit of speed in e-commerce, spearheaded by giants like Amazon, is forcing retailers of all sizes to rethink their strategies. While next-day delivery has become the expectation for many, a counter-movement is gaining traction: a focus on personalized service and a deliberate slowing … Read more

An AI agent could soon compare deals, book flights and pay the bills

The Rise of the AI Shopping Assistant: How Agentic Commerce Will Reshape Retail Forget endlessly scrolling through websites. The future of shopping isn’t about *you* finding products; it’s about products finding *you* – or rather, an AI agent finding them for you. This emerging trend, dubbed “agentic commerce,” is poised to revolutionize how we buy … Read more

Mexico Mandates Zero Trust as Crypto Theft Hits US$3.4 Billion

Mexico Leads the Charge: Cybersecurity Trends Reshaping Latin America Mexico is rapidly becoming a focal point for cybersecurity innovation and policy in Latin America. Recent developments – from a nationwide Zero Trust mandate to collaborative efforts with Estonia – signal a proactive approach to protecting digital infrastructure and citizens’ data. These moves, coupled with alarming … Read more