Whatnot, a livestream marketplace platform, has surpassed $2 billion in annual gross merchandise volume. The company has launched a rewards program called Rewards Club, which allows sellers to create custom rewards for buyers. This milestone indicates hope for the live commerce business in the US, which is still behind China's $512 billion livestream shopping market.
Source: https://www.techmeme.com/river
2024-10-02 03:10:44 PM |
Zoho Sign has launched its services on a new data center in Saudi Arabia, integrating with emdha, a certified trust service provider recognized by the KSA's Digital Government Authority (DGA), to support the country's digital transformation and Saudi Vision 2030.
Source: https://www.techmeme.com/river
2024-10-02 02:50:34 PM |
Automattic, the parent company of WordPress.com, demanded a 8% revenue cut from WP Engine, a rival hosting service, in exchange for the right to use the WordPress trademark. The proposal was made on September 20th and outlines a seven-year agreement. The revenue cut could be paid as a royalty fee or as salaries for WP Engine employees contributing to the WordPress.org open-source project.
Source: https://www.techmeme.com/river
2024-10-02 02:50:34 PM |
Ilan Gur, CEO of the Advanced Research and Invention Agency (ARIA), is trying to convince plant biologists to push the boundaries of their research. ARIA is a UK government-funded agency that provides high-risk, high-reward funding for scientific projects. The agency has a budget of a billion dollars and is led by Gur, a 44-year-old civil servant.
Source: https://www.techmeme.com/river
2024-10-02 11:10:35 AM |