Yelp Doubles Down on Home Services as Restaurant Advertising Cools
The review site is planning to spend $40 million this year to grow its business with local-services companies such as plumbers, electricians and movers. Source link
Month: June 2024
Amazon Takes On Chinese Rivals Temu and Shein With Plans for New Discount Service
Amazon plans to launch a service focused on shipping cheap goods directly from warehouses in China as it faces growing competition from the Chinese e-commerce platforms. Source link
CDL grows revenue but profit drops for second year in a row
CDL grew revenue by 6.9% to £59.54m in the year ended 30 September 2023, however profit after tax dropped for the second consecutive year to £10.01m. The profit fall in 2022 had been driven by the cost of R&D. The extra spend more than outweighing the decline. However, the latest profit slip, of 6%, was … Read more
GSK Slumps After CDC Narrows Age Recommendation for RSV Shots
GSK shares fell more than 5% after U.S. health officials narrowed their recommendation of respiratory syncytial virus vaccines to a smaller age range and more at-risk patients. Source link
Road safety gets a boost with new UN fix for ‘pedal error’
Together with vehicle manufacturers and governments, the UN Working Party dealing with advanced driving technology issues has adopted a new regulation that prevents unwanted, sudden acceleration by making use of tech that can detect objects both in front of and behind vehicles. Tokyo driver Data from Asia and Europe suggest that older drivers tend to make … Read more