MCM Ecommerce & Marketing 7/1/20

| David Hurwitz

week of 7/1/20 Postmates Weighing Either IPO or Being Acquired, Possibly by Uber Postmates is considering either an IPO or an acquisition by Uber to augment the latter’s own Uber … Continue Reading →

Ecommerce Fulfillment Space Demand Shows Strong Rebound in May

| Mike O'Brien

Two new reports highlight how demand has bounced back in a big way for commercial warehouse space, especially for ecommerce fulfillment centers as online sales continue to mushroom, after transactions fell off during the initial COVID-19 lockdown phase in March and April.

SEON Announces Jimmy Fong as New CCO

| Press Release

The appointment signifies an important growth milestone for the business as fraud prevention becomes frontline against digital crime during COVID-19 Budapest and London, June 9, 2020 — SEON, “the fraud … Continue Reading →

Amazon in Talks to Acquire Autonomous Vehicle Startup Zoox

| Mike O'Brien

Amazon is in advanced talks to acquire self-driving car startup Zoox as it looks to expand its autonomous vehicle capabilities to address massive delivery costs, according to the Wall Street Journal. It has already invested heavily in autonomous technology, contributing to funding rounds for Aurora Innovation and Rivian Automotive LLC.

Hits of the Week 6-1-20

| David Hurwitz

Amazon in Talks to Acquire Autonomous Vehicle Startup Zoox Amazon is in advanced talks to acquire self-driving car startup Zoox as it looks to expand its autonomous vehicle capabilities to … Continue Reading →

Target Sees Ecommerce Soar, But COVID-19 Costs Dampen Earnings

| Mike O'Brien

Target found the COVID-19 outbreak to be a two-edged sword in the first quarter, driving stratospheric ecommerce sales growth of 141%, while impacting profits due to about $500 million in associated costs, the company reported. It also saw over 5 million customers shop on Target.com for the first time in Q1.