Walmart Addresses Its Aging Base; Plus, Amazon’s Indian Competitor Steps Up; And reCommerce Space Sees Action
| TOP STORIES | | August 31, 2020 |
| | | SOCIAL MEDIA | | Walmart Gambles On Youth And Ad Revenue With TikTok Bid | | The federal government has decreed that TikTok’s U.S. operations must be in domestic control by Sept. 20. As the end game for the sale plays out, Walmart is placing a risky bet on spending from young adults and an increase in digital ad revenue. | | |
| | | ACQUISITION | | Reliance Retail Fires Shot Against Amazon In Battle For India | | | | | RECOMMERCE | | Fashionphile Snags $38.5M In Series B To Boost reCommerce | | |
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