In 2023, TikTok will become the industry’s first in these two aspects

YCD news–eMarketer’s latest forecast shows that TikTok’s social buyer penetration rate and user usage time are rising rapidly, and are expected to surpass Facebook and Youtub respectively in 2023. Research shows that TikTok’s social buyer penetration in the U.S. is climbing rapidly, now surpassing Pinterest. By the end of 2023, it will beat Instagram and …

Amazon to layoff over 18k employees

YCD News——Chief Executive Officer Andy Jassy announced the move in a memo to staff Wednesday, saying it followed the company’s annual planning process. The cuts, which began last year, were previously expected to affect about 10,000 people. The reduction is concentrated in the firm’s corporate ranks, mostly Amazon’s retail division and human resources functions like …

Amazon won $8 billion in unsecured loans and will go all out to deal with uncertainty!

YCD news — On January 3, Amazon said that it has reached an agreement with a number of lenders that will provide Amazon with $8 billion in unsecured loans. The loan was arranged by TD Securities (USA) LLC and will mature in 364 days (January 3, 2024), with an option to extend for a further …

MSC overtook Maersk for the first time to become the most reliable carrier

According to the latest news from YCD, the schedule reliability of global shipping companies will continue to improve in November 2022, with a month-on-month increase of 4.7% to 56.6%. According to the latest report by Sea-Intelligence , a Danish maritime data analysis company, the average delay rate of ships has also continued to improve since the …

Amazon planning standalone app for sports content

YCD News–Amazon is working on a standalone app for watching sports. Sports remains one of the biggest attractions for live viewing as U.S. audiences increasingly switch from pay TV subscriptions to streaming apps. The move will likely complement Amazon’s effort to double down on sports programming through its Prime Video service, a key channel to …

Amazon warehouse workers get ‘big win’ with New York law on quotas

YCD news-A new law in New York will require companies that operate distribution centers to be more transparent about their work requirements, aiming to protect warehouse workers from possibly unlawful quotas. Gov. Kathy Hochul last week signed the Warehouse Worker Protection Act, which is modeled after a similar, first-in-the-nation law signed in California last year. The New York …

Winter Weather Turns a Last-Minute Christmas Gift Into a New Year’s Gift

Last-minute Christmas presents turned into early New Year’s presents in parts of the snow-covered U.S., YCD news. A massive winter storm has swept through much of the United States, bringing harsh winter weather and forcing shipping lines to ground planes, close package facilities and keep trucks off the road. The dangerous storm killed at least …

Amazon UAV starts to deliver goods!

YCD news, Amazon announced that it has officially started to use the MK27-2 UAV to deliver goods to customers in California (Rockford) and Texas (University Town). In June 2022, the e-commerce giant announced for the first time that it would launch UAV delivery service in California, California. Six months later, this service was finally successfully …

All social platform ad spending will reach $65.31 billion in 2022!

According to YCD news, according to eMarket’s latest forecast, all social platform advertising spending growth will plummet in 2022. Marketers are expected to spend $65.31 billion on social networks this year, a figure that, while up 3.6% from 2021, is down nearly $10 billion from the previous forecast (March 2022) of $74.56 billion. In addition, …

Twitter restarts Blue V authentication service, Apple users charge an extra $3 monthly fee

YCD news, Twitter product management director Esther Crawford said that Twitter officially resumed the Twitter Blue subscription service on Monday, and will quickly expand to other countries starting from five countries. For a long time, Twitter Blue has been equivalent to member users on the social media, enjoying special benefits, including editing tweets, 1080p video …