E-commerce
Romania's Constitutional Court is due to decide after the weekend whether to annul the results of the first round of the presidential election. One of the unsuccessful candidates has filed a complaint, which has already led to an order for a recount. Meanwhile, nationalist politician Calin Georgescu and Elena Lasconi, leader of the centre-right ...
Amazon has introduced a new platform called Haul, which offers products with a price limit of up to $20 (roughly CZK 479). The move represents the giant's effort to compete with popular budget retailers such as Temu and Shein and appeal to customers looking for bargain purchases. Haul has been launched as a mobile service accessible through t...
PDD Holdings, the parent company of Chinese e-tailer Temu, has beaten analysts' estimates, posting a 131 percent year-on-year increase in revenue to 86.81 billion yuan (275.6 billion CZK) in the first quarter. This growth is attributed to Temu's strong consumer acceptance in international markets. Launched in September 2022, Temu's online mar...
Shareholders of US carmaker Tesla on Thursday approved a record $44.9 billion (about one trillion kronor) pay package for CEO Elon Musk, the AP reported. The decision came after a deal struck in 2018 was overturned by a Delaware court earlier this year. The exact number of votes was not immediately announced. According to the AP, approval of ...
Sledujteto.cz, eDisk.cz, Datoid.cz and Datoid.sk are servers that have been blacklisted and are now blocked in the Czech Republic due to the court's preliminary injunction. These servers were popular alternatives to Ulož.to, which users abused to distribute copyrighted content. Similar data servers are often misused to illegally distribute music...
The troubles of the Polish company Allegro, which bought the Mall Group two years ago, including the Czech e-shop CZC, seem to be a permanent problem. The recent layoffs of employees within the Czech e-shops and the slowing pace of transformation of the long-losing business point to the difficult situation the company faces in the e-commerce mar...
The Czech online business has recently seen significant personnel changes that will affect one of the biggest players on the market, Slevomat. Ladislav Veselý, the long-time director of this popular discount platform, recently announced his departure on parental leave. He is to be replaced by Tomas Braverman, former director of Heureka and one o...
Suspicions of personal data leaks from mobile phones on the Temu market are swirling in the air. The fast-growing Chinese platform, offering cheap goods, has gained attention in the United States and become a social phenomenon. However, like TikTok or Shein, Temu has become a subject of controversy in security and business circles. In the US,...
Trask, a leader in IT and innovation in Europe, has entered into a strategic partnership with SAS, a global leader in artificial intelligence and analytics software. The aim of this collaboration is to provide customers with a comprehensive portfolio of services in advanced AI-based solutions, particularly in the areas of Customer Intelligence, ...
