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SSTK Jul 2024 32.500 put
- South China Morning Post
Amazon faces uphill battle against Temu and Shein as it woos Chinese merchants, analysts say
Amazon.com's plan to launch a discount shopping section would appeal to mainland Chinese suppliers with pricing flexibility, but competing with Temu and Shein in selling low-priced merchandise will not be easy, according to analysts. The US e-commerce giant told Chinese merchants in an invite-only meeting on Wednesday that this new online budget marketplace will feature non-branded fashion items, household goods and daily necessities, which will ship directly to consumers from warehouses on the
- South China Morning Post
China may miss booming global market for high-bandwidth memory chips, BofA analyst says
Surging demand for high-bandwidth memory (HBM) chips - used in data centres for artificial intelligence (AI) projects - is heating up the global semiconductor industry, but mainland China's supply chain is not ready to reap the benefits of this booming market segment, according to a Bank of America (BofA) analyst. "Memory chips are experiencing a significant impact from the rise of AI, with the main driver currently being the demand for HBM in data centres, but not yet from smartphones," Simon W
- Simply Wall St.
Should You Think About Buying Shutterstock, Inc. (NYSE:SSTK) Now?
Shutterstock, Inc. ( NYSE:SSTK ), is not the largest company out there, but it saw significant share price movement...
