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Instagram
Instagram overtakes TikTok in app downloads in race for new users
...In 2023, TikTok Shop generated $1.1bn in gross merchandise revenue in the US, the total value of goods sold on its platform, according to internal TikTok financial statistics seen by the Financial Times....
March 8, 2024
Tesla Inc
Tesla scouts sites for $3bn India car plant in boost for Modi
...Tesla might later also look at setting up its own battery plant, following the “gigafactory” model it has followed at its plants in California, Texas, Berlin, and Shanghai, where suppliers have set up shop...
April 3, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
TikTok Inc
TikTok shops around for options in wake of Indonesia app ban
...The move took effect immediately and was widely seen as unofficially targeting TikTok, which debuted TikTok Shop in the country in 2021....
October 27, 2023
Israel-Hamas war
Ben & Jerry’s calls for permanent ceasefire in Gaza
...Starbucks has been targeted with a boycott of its coffee shops after a union representing some of its employees, Starbucks Workers United, posted “Solidarity with Palestine!”...
January 16, 2024
Due Diligence
Is Wall Street’s wealth boom ending? Premium content
...The next day, The Body Shop’s German unit filed for bankruptcy....
February 16, 2024
LexCredit cards
Visa and Mastercard’s deal to cut fees is a hollow consumer victory Premium content
...Another 50 cents is collected by the merchant acquirer, or companies such as Block or Stripe that provide the shop’s point-of-sale service system....
March 27, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Airlines
US airlines under fire for raising baggage fees again
...“Airlines already provide thorough information in the channels they operate directly, and consumers already have ample opportunities to comparison shop — as they individually define the term ‘comparison’...
March 10, 2024
Tesla Inc
Tesla’s Q1 is going to be a wreck. Will anyone care?
...Meanwhile, in the corner of a Tesla dealership near you, a mocked-up Optimus is surveying with unseeing eyes the deserted shop floor: Further reading:— Putting a price on Tesla post Musk (FTAV)— Tesla’s...
April 17, 2024
News in-depthNews in-depth15 min
Building blocks: Lego's next move | FT Film
...So originally I worked in a shop, and I saved every penny I made from that job in the shop and put it into this business. So you know, about £10,000 of my own money went in....
March 21, 2024
Fashion accessories
Lyft your clothing game with this blunder-proof t-shirt
...But to be fair, it wasn’t the world’s sharpest press release. If you’ve been under a rock, here’s the latest via the Borg: Lyft Inc....
February 15, 2024
LexTikTok Inc
TikTok’s value would be cut in a forced sale Premium content
...It launched an in-app US shop before Elon Musk’s X, and its popularity has forced YouTube and Instagram to create rival short-video formats. These qualities make it an attractive acquisition target....
March 14, 2024
Due Diligence
The junior banker behind Litquidity Premium content
...In December, for the first time, a proposed loan secured against the small shops’ payments was given a preliminary “A” grade credit rating....
February 8, 2024
United Talent Agency Inc
Hollywood power broker splits with UTA over $950,000 ‘special expenses’ fund
...It cites examples of Kassan using the fund to pay for an apartment for his personal driver, and allowing his wife to have a company credit card “so she could shop for extravagant luxury goods”....
March 13, 2024
Shopping and gifts
How to shop for second-hand clothes
...A lot of charity shops have their own Ebay profiles too and will upload stuff that’s on their shop floor....
August 30, 2023
TikTok Inc
TikTok to take over Indonesia’s Tokopedia in bid to overcome ecommerce rules
...Indonesia, the world’s fourth-most populous country, with a young, mobile population, was TikTok Shop’s largest market....
December 11, 2023
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
TikTok Inc
China hits out at US push to ban TikTok as Steven Mnuchin plots bid
...TikTok Shop debuted in the US in September, generating since then $1.1bn in gross merchandise revenue, the total value of goods sold on its platform, according to internal TikTok financial statistics seen...
March 14, 2024
LexTechnology sector
TikTok/GoTo: bargain buy rewrites script for scrolling players Premium content
...TikTok Shop, an in-app ecommerce platform, has been growing swiftly. Users quickly get hooked on buying items directly in the app....
December 11, 2023
News in-depthWaterstones Booksellers Ltd
Waterstones IPO would open new chapter for bookseller, says James Daunt
...for his book shops....
December 2, 2023
TikTok Inc
Ex-TikTok executive claims she was fired for lacking ‘docility and meekness’
...Prior to that, she worked at Meta for eight years, including as its global director of the Facebook Creative Shop, and for advertising agency BBDO Worldwide....
February 8, 2024
TikTok Inc
TikTok nears deal with Indonesia’s GoTo to restart ecommerce business
...The company warned at the time the rules would hit the livelihoods of the 6mn sellers and nearly 7mn influencers who use TikTok Shop in Indonesia....
December 5, 2023
LexBlackRock Inc
Mid-level masters of the universe risk being sidelined in BlackRock deal Premium content
...More deals are expected as pensions and sovereign wealth funds increasingly favour one-stop shops....
January 23, 2024
John Gapper
Convenience stores should make more of themselves
...In the remotest parts of Japan, there is usually a vending machine, and a friendly shop....
February 16, 2024
Exchange traded funds
Investors poured $4tn into US ETFs over past decade
...Combined, the 10 shops had $12.01tn in open-end mutual fund assets as of the end of 2023 — up 114 per cent from a decade earlier, the data shows....
February 27, 2024
#techAsia
The new chip race and iPads in Vietnam Premium content
...As part of the transaction, Tokopedia will acquire TikTok Shop’s local business for $340mn....
December 14, 2023
Berkshire Hathaway Inc
Buffett admits Berkshire’s days of ‘eye-popping’ gains are over
...Buffett has complained of stretched valuations as markets hit records and buyout shops paid ever higher multiples to clinch takeovers. In those periods, Berkshire largely sat on its hands....
February 24, 2024

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