Global Smartphone Shipments to Reach 1.23 Billion in 2024: 5% YoY Growth, with Nearly 1 in 5 Featuring GenAI

August 30, 2024 – A pivotal shift in the global smartphone landscape is forecasted by Counterpoint Research, with a groundbreaking announcement on August 29th. The esteemed market analysis firm projects a triumphant resurgence in the industry, predicting a robust 5% year-on-year growth, leading to a total shipment of 1.23 billion smartphones worldwide in 2024. This…

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Uber partners with car manufacturers for low-cost electric vehicles for ride-hailing and delivery

Uber is reportedly working with car manufacturers to design cost-effective electric vehicles for its ride-hailing and delivery services. This is part of the company’s effort to electrify its fleet. Uber CEO Dara Khosrowshahi announced at an event that the company is collaborating with manufacturers to develop vehicles that are optimized for urban use, transporting passengers…

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Expanding Reach: Cainiao International Express Adds 5th Distribution Center in the US

July 13, 2023 – Alibaba’s international logistics platform, Cainiao Global, announces the official launch of its distribution centers in Dallas and Chicago today. This development brings the total number of Cainiao’s distribution centers in the United States to five, joining the previously operational centers in Los Angeles, New York, and Miami. Cainiao Global has strategically…

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Amazon Introduces ‘Refund Only’ Option for Items Under $75: Feature Defaulted to Off

August 16, 2024 – Amazon has recently announced an expansion of options for sellers to handle customer returns, introducing a flexible “(refund) no return” policy for US-based sellers using Fulfillment by Amazon (FBA). This new measure aims to streamline the processing of inventory returns. According to Amazon, they have unveiled the FBA Return-Free Solution, a…

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