R|T: The Retail Times – Temu and Shein's success = air freighters' stress
Plus: Shopify’s green strategy gamble, DeliveryHero abandons Foodpanda sale talks.
Source: betakit.com
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Top News In Buzzfeed Today - Breaking & Trending Today
Buzzfeed Selling Complex in a Restructure, Followed 16% Job Cuts to Improve Financial Position
Jonah Peretti, CEO of BuzzFeed, stated in a press release that selling Complex is a key strategic move for BuzzFeed, Inc., in reshaping the business to be more profitable, agile, and inventive. Read more.
Source: jobsnhire.com
BuzzFeed sells Complex for $108.6 million, will lay off some staff
BuzzFeed has sold Complex Networks to NTWRK, a livestreaming video commerce platform, at a significantly discounted price tag, and it will cut another 16 percent of its remaining staff, the company announced Wednesday. The $108.6 million all-cash deal comes just more than two years since BuzzFeed acquired pop culture media startup Complex in December 2021…
Source: yahoo.com
BuzzFeed Sells Complex to NTWRK for $109 Million USD
BuzzFeed has announced today that it has closed a deal with NTWRK to sell Complex in an all-cash...
Source: yahoo.com
Buzzfeed Selling Complex in a Restructure, Followed 16% Job Cuts to Improve Financial Position
Jonah Peretti, CEO of BuzzFeed, stated in a press release that selling Complex is a key strategic move for BuzzFeed, Inc., in reshaping the business to be more profitable, agile, and inventive. Read more.
Source: jobsnhire.com