China's ecommerce giants revamp strategy to get round new US rules
The ecommerce titans are quickly adapting their business models in the face of greater regulatory ...
GM: RAISING THE ROOF GGM: IN FULL THROTTLE GZIM: MAERSK BOOST KNIN: READ-ACROSSMAERSK: NOT ENOUGHMAERSK: GUIDANCE UPGRADEZIM: ROLLERCOASTERCAT: HEAVY DUTYMAERSK: CATCHING UP PG: DESTOCKING PATTERNSPG: HEALTH CHECKWTC: THE FALLGXO: DEFENSIVE FWRD: RALLYING ON TAKEOVER TALKODFL: STEADY YIELDVW: NEW MODEL NEEDEDWTC: TAKING PROFIT
GM: RAISING THE ROOF GGM: IN FULL THROTTLE GZIM: MAERSK BOOST KNIN: READ-ACROSSMAERSK: NOT ENOUGHMAERSK: GUIDANCE UPGRADEZIM: ROLLERCOASTERCAT: HEAVY DUTYMAERSK: CATCHING UP PG: DESTOCKING PATTERNSPG: HEALTH CHECKWTC: THE FALLGXO: DEFENSIVE FWRD: RALLYING ON TAKEOVER TALKODFL: STEADY YIELDVW: NEW MODEL NEEDEDWTC: TAKING PROFIT
Walmart is coming up with some new ideas to beat arch-rival Amazon. Or, rather, perhaps, its new head of e-commerce and founder of jet.com, Marc Lore, is. The plan is to turn its 1.5m strong workforce into delivery drivers. If they choose, they can opt to get paid for delivering goods on their way home. Of course, staff will need to be vetted for background and vehicle checks, and on approval will be given an app to determine deliveries. The idea has been tested at three stores in New Jersey and Arkansas, where it was found most deliveries were made the day after ordering – improving on Walmart’s two-day delivery promise, and cutting out significant amounts of costs. It does make you wonder, however, what some unions might think of this.
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