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Tag: E-commerce

  • Start Your Side Hustle: Save $160 on a Lifetime Subscription to this E-Commerce All-in-One Solution | Entrepreneur

    Start Your Side Hustle: Save $160 on a Lifetime Subscription to this E-Commerce All-in-One Solution | Entrepreneur

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    Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.

    According to the Harvard Business Review, nearly 44 million U.S. workers are operating a side hustle. As an entrepreneur, it’s easy to start side gigs with your wide expertise, and if you’ve been hoping to get into e-commerce, it’s even easier with the help of Gigrove E-Commerce All-in-One Solution.

    Gigrove offers a convenient and easy to use, all-in-one e-commerce solution that helps you start a side business from home. And during the Memorial Day Sale, running now through May 31, a lifetime subscription to a premium plan from Gigrove E-Commerce All-in-One Solution is on sale for just $39.97 — $160 off the usual price — with no coupon code required.

    With Gigrove, it’s never been simpler to get started with a branded storefront for an online business on your device and start selling. It takes just 15 minutes to set up your store, which can sell products or services, or even rent products and resources. You can also offer local product delivery with delivery management, subscription-based services, sell products with integrated shipping management, or sell digital work and professional services.

    Let Gigrove collect your online payments with their gateway or your own, while also managing your shipments or sending our downloadable files. There are easy integrations with Stripe, PayPal, ShipStation, and Zapier. And there’s a dashboard that offers direct messaging and live chat to help you connect with your customers seamlessly.

    With 4.5 stars and a ranking as the Top Performer in Capterra’s E-commerce category, 4.5 stars on Software Advice, and 4 stars on G2, users are clearly loving the ease Gigrove brings to their side hustle flow.

    Earn extra money easily with a lifetime subscription to a Gigrove E-Commerce All-in-One Solution’s Premium Plan, on sale for just $39.97 (reg. $200) during the Memorial Day Sale now through May 31.

    Prices subject to change.

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  • Amazon Was the Rare AI and Cloud Play Left Out of the Nvidia Bump. Here’s Why.

    Amazon Was the Rare AI and Cloud Play Left Out of the Nvidia Bump. Here’s Why.

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    This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com.

    https://www.barrons.com/articles/amazon-misses-rally-8a6e2511

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  • Nvidia barrels toward rare $1 trillion valuation after putting a dollar figure on AI boost

    Nvidia barrels toward rare $1 trillion valuation after putting a dollar figure on AI boost

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    Nvidia Corp. headed toward market-capitalization gains of nearly $200 billion in after-hours trading Wednesday, which could put the chip maker within sight of becoming only the seventh U.S. company to top a valuation of $1 trillion.

    Nvidia shares
    NVDA,
    -0.49%
    jumped 25% in the extended session Wednesday, after executives predicted that revenue would exceed the company’s record by more than 30% in the current quarter. The audacious forecast arrived as tech companies look to jump on advances in artificial intelligence that are largely powered by Nvidia’s computing gear.

    Nvidia ended Wednesday’s session with a market cap — the total value of all shares in existence — of roughly $754.3 billion, according to FactSet. A 25% increase would add nearly $189 billion to that total, putting the company within striking distance of $1 trillion. Only six U.S. companies have ever attained a $1 trillion market cap: Apple Inc.
    AAPL,
    +0.16%
    and Microsoft Corp.
    MSFT,
    -0.45%
    are currently worth more than $2 trillion apiece; Google parent Alphabet Inc.
    GOOGL,
    -1.35%
    and Amazon.com Inc.
    AMZN,
    +1.53%
    have valuation of more than $1 trillion; and Facebook parent Meta Platforms Inc.
    META,
    +1.00%
    and Tesla Inc.
    TSLA,
    -1.54%
    have both touched the $1 trillion plateau previously.

    For more: From U.S. Steel’s $1 billion market cap to Apple’s $1 trillion — a brief history of valuation milestones

    Nvidia’s market cap was ahead of both Meta and Tesla as of Wednesday’s close, with both worth less than $650 billion, showing the potential fleeting nature of such a valuation. Nvidia’s record market cap is $834.4 billion, established on Nov. 29. 2021, according to Dow Jones Market Data.

    If Nvidia’s gains hold through Thursday’s trading session, the company could challenge for the largest one-day market-cap gain in history. The biggest currently on record was Amazon’s $191.2 billion increase on Feb. 4, 2022, according to Dow Jones Market Data, followed closely by a $190.9 billion gain by Apple on Nov. 10, 2022. Nvidia also stands to gain more than rival Advanced Micro Devices Inc.
    AMD,
    +0.14%
    is worth in total — AMD ended Wednesday’s session with a market cap of $174.4 billion.

    Nvidia is closing in on the rare $1 trillion plateau because of huge gains in its stock this year, as hopes and hype about generative AI have flooded the tech sector. After OpenAI debuted its ChatGPT AI offering, and investor Microsoft quickly integrated the chatbot into many of its services, expectations for the technology have exploded.

    Despite the hype, most companies have avoided providing hard figures for revenue gains expected from AI. Nvidia’s fiscal second-quarter forecast — which calls for roughly $11 billion in sales, nearly 33% higher than Nvidia’s previous quarterly record of $8.28 billion — could be seen as the first sign of a wave of fresh spending coursing through the tech sector.

    Other companies have indicated that they will be forced to spend to develop their technology before reaping large financial rewards from it. Microsoft, for example, disclosed to investors last month that capital expenditures are increasing as it builds AI capabilities into its Azure cloud-computing platform — spending that is largely going toward Nvidia.

    Full earnings coverage: Nvidia stock soars toward all-time high as AI push leads executives to predict record revenue

    That is a rather typical path for large jumps in tech spending: Companies that make the necessary hardware see gains before the companies that use that gear can develop offerings that take advantage of it. Other gear makers joined Nvidia in the sharp move higher in after-hours trading Wednesday, including AMD, which gained more than 10%; chip maker Marvell Technology Inc.
    MRVL,
    -1.31%    ,
    which increased more than 5%; and networking specialist Arista Networks Inc.
    ANET,
    +0.53%    ,
    which added about 5%.

    Alphabet and Microsoft stocks both increased around 2% in after-hours trading, and software companies that have made AI a core part of their offerings also saw gains. Palantir Technologies Inc.
    PLTR,
    -3.24%
    and C3.ai Inc.
    AI,
    +2.54%
    shares both increased more than 8%, for example.

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  • Looks Like Steam Now Has Timed Demos, Dead Space Up First

    Looks Like Steam Now Has Timed Demos, Dead Space Up First

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    Image: Valve

    The ability to try before you buy has been a thorn in gaming retail’s side for generations. From the demo discs of old to the subscription models of today, publishers and shopfronts have had to wrestle with the idea that a lot of people only want to spend money on games they’ll enjoy.

    The Week In Games: Twisted Therapy And Toy Soldiers

    These Anime Moms Deserve All The Flowers For Mother’s Day

    Yesterday

    Whether that’s right or not, I don’t have the bandwidth for today—the idea that you could get a refund for a bad movie is laughable, but then, movies don’t cost $70, and what even is a “bad” game anyway?—but regardless, I’ve always been fascinated by the systems and processes companies have tried over the years to help sell their games.

    Like this! Steam has long been a battleground for this kind of stuff. You’ve long been able to download demos on Steam if the studio/publisher wanted it, and free weekends have also been here for ages, but for a while now the accepted practice on the platform has been buy a game, play it for a bit and if you don’t like it within the first two hours, you can just refund it and get your money back.

    That’s not an ideal scenario for anyone. Games are big downloads these days, and companies are actually losing money on processing fees every time you have to refund a transaction. So Valve looks to have thought of something new: a demo, only you get to play the full game, only you get a very limited amount of time to actually play it.

    Dead Space is the first to offer the “Timed Trial” feature—which is baked into Steam itself, so surely it’s more than a one-off—and you can see how it works below:

    Image for article titled Looks Like Steam Now Has Timed Demos, Dead Space Up First

    Image: Valve

    Is 90 minutes enough time to really get a handle on a game? I don’t know! It’s a figure that sits below the point you used to be able to request a refund on, but also sits a few hours back from the point where some games start getting good, so who knows how useful this could be.

    I’ve asked Valve if other games are going to be implementing this soon, and if so if their time limits can be adjusted by publishers/studios.

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    Luke Plunkett

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  • Fanatics to buy PointsBet’s U.S. sports-betting business for $150 million

    Fanatics to buy PointsBet’s U.S. sports-betting business for $150 million

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    Fanatics Inc. will buy the U.S. operations of Australia’s PointsBet for about $150 million, in the company’s largest foray yet into sports betting.

    PointsBet
    PBH,
    -18.70%
    announced the deal Sunday night, specifying that the acquisition only applies to PointsBet’s U.S. assets, not its businesses in Australia and Canada. CNBC first reported the deal. Fanatics did not immediately reply to MarketWatch’s request for comment Sunday night.

    PointsBet is an online sportsbook that launched in the U.S. in 2019, and operates in 15 states, including New Jersey, Iowa, Illinois and Colorado.

    “Despite the strategic success building a valuable asset in the U.S., the costs of operating in a state-by-state environment, together with the requirement to build significant scale to compete against well capitalized operators, led us to explore a number of options,” PointsBet Chief Executive Sam Swanell said in a statement. “The sale of the U.S. Business to Fanatics Betting and Gaming delivers the most attractive risk-adjusted value outcome for shareholders compared to the risks and benefits of other options including the status quo.”

    PointsBet shareholders are expected to vote on the sale at their annual meeting in late June.

    The deal should increase pressure on U.S. sports-gambling companies such as DraftKings Inc.
    DKNG,
    -1.96%
    and FanDuel. In late April, Fanatics launched sportsbook wagering for its customers in Ohio and Tennessee, and the Wall Street Journal reported at the time that the company pans to invest about $1 billion in its new sports-betting division.

    In an interview, Fanatics CEO Michael Rubin told the Journal he wants Fanatics to be the world’s top sports-betting company within the next 10 years, and expects its betting operations to be profitable by 2025 or 2026.

    In December, Florida-based Fanatics — which got its start in sports apparel and collectibles — closed a $700 million funding round, valuing it at about $31 billion, the Wall Street Journal reported. The privately held company is expected to eventually launch an IPO.

    Last year, Fanatics acquired trading-card company Topps.

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  • Walmart, Alibaba, Target, and More Stocks to Watch This Week

    Walmart, Alibaba, Target, and More Stocks to Watch This Week

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    Walmart, Alibaba, Target, and More Stocks to Watch This Week

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  • Tempur Sealy to buy Mattress Firm for about $4 billion, company says

    Tempur Sealy to buy Mattress Firm for about $4 billion, company says

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    Mattress giant Tempur Sealy announced Tuesday it is acquiring Mattress Firm, the nation’s largest mattress retailer, for approximately $4 billion in cash and stocks.

    According to Tempur Sealy, the deal is expected to close in the second half of 2024. Mattress Firm will operate as a separate business unit within the larger company after the acquisition goes through, Tempur Sealy said in a statement.

    “We are excited by the long-term growth prospects for our global vertically integrated Company,” said Tempur Sealy Chairman and CEO Scott Thompson. “Mattress Firm has been a valued retail partner for more than 35 years, and we look forward to welcoming their talented workforce of more than 8,100 employees to the Tempur Sealy family.”

    Mattress Firm operates more than 2,000 brick-and-mortar stores and an e-commerce site, according to the news release. When combined with Tempur Sealy, the two will have about 3,000 stores and 30 e-commerce platforms in more than 100 countries, Tempur Sealy said, with about 21,000 employees.

    Tempur Sealy said it is looking to bring in Mattress Firm in order to simplify the purchasing process for customers, expand the number of business channels the company can operate through, and streamline operations.

    Simrin Singh

    Simrin Singh is a social media producer and trending content writer for CBS News.

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  • Lyft stock sinks as forecast falls short of estimates, while new CEO takes aim at Uber

    Lyft stock sinks as forecast falls short of estimates, while new CEO takes aim at Uber

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    Lyft Inc. on Thursday reported first-quarter results that beat expectations, but a forecast that fell just shy of analysts’ estimates weighed on the company’s stock.

    Lyft shares LYFT fell 15% after hours. They had dropped 1.8% in the regular session to close at $10.69 after a six-day positive streak. 

    Lyft forecast second-quarter revenue of…

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  • Chegg, Arista, Uber, Pfizer, DuPont, and More Stock Market Movers

    Chegg, Arista, Uber, Pfizer, DuPont, and More Stock Market Movers

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    This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com.

    https://www.barrons.com/articles/stock-market-movers-7c17b0b6

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  • TripAdvisor lawsuit highlights companies moving to Nevada from Delaware

    TripAdvisor lawsuit highlights companies moving to Nevada from Delaware

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    A lawsuit filed in Delaware in April against the travel site Tripadvisor and its majority shareholder is highlighting what may be a growing trend: companies seeking to shift their incorporations to Nevada to avoid Delaware’s more stringent and entrenched legal standards.

    The suit was filed on behalf of a group of Tripadvisor Inc. TRIP shareholders, who are hoping to persuade the Delaware Chancery Court to stop the company from pushing ahead with board-approved plans to reincorporate in Nevada, arguing their motive is to take…

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  • Amazon stock turns around as CFO admits AWS growth rates are declining further

    Amazon stock turns around as CFO admits AWS growth rates are declining further

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    Amazon.com Inc. shares zoomed higher in extended trading Thursday after the company posted its biggest quarterly profit since 2021, but shares turned around after the company’s chief financial officer said in a conference call that cloud revenue is decelerating in the current quarter.

    Amazon AMZN reported that first-quarter revenue grew to $127.4 billion from $116.44 billion in the same quarter last year. Profit reached $3.17 billion, or 31 cents a share, improving from a loss of 38 cents a share a year ago, which was Amazon’s…

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  • Amazon stock gives up gains as CFO admits AWS growth rates are declining further

    Amazon stock gives up gains as CFO admits AWS growth rates are declining further

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    Amazon.com Inc. shares zoomed higher in extended trading Thursday after the company posted its biggest quarterly profit since 2021, but shares turned around after the company’s chief financial officer said in a conference call that cloud revenue is decelerating in the current quarter.

    Amazon AMZN shares jumped more than 10% in after-hours trading immediately following the release of first-quarter results, but those gains disappeared after Chief Financial Officer Brian Olsavsky said in a conference call with analysts that…

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  • Netflix Announces End To DVD Mailing Service

    Netflix Announces End To DVD Mailing Service

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    Netflix announced it will be ending its DVD-by-mail rental service that set the stage for its trailblazing video streaming service, ending an era that began 25 years ago when delivering discs through the mail was considered a revolutionary concept. What do you think?

    “Did they invent some other way to watch movies at home?”

    Frank Rosen, Mitochondria Enthusiast

    Creepiest Ways Airbnb Owners Are Spying On You

    “Leave it to Netflix to cancel a brilliant thing people loved.”

    Derrick Trabucco, Lunch Innovator

    “Do people even consume media anymore?”

    Jocelyn Bobowski, Jumping Coach

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  • U.S. Bank increases e-commerce, tech-led merchant revenue | Bank Automation News

    U.S. Bank increases e-commerce, tech-led merchant revenue | Bank Automation News

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    U.S. Bank continued its multiyear strategy to invest in e-commerce and tech-led revenue efforts in the first quarter of 2023. Tech-led merchant processing fee revenue growth, for example, increased 12% year over year and 56% sequentially. THE BIG PICTURE: Tech-led merchant processing includes digital, omni-commerce and e-commerce revenue channels, according to today’s earnings presentation. Investment […]

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    Whitney McDonald

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  • China’s GDP Beat Expectations. Why Alibaba and JD.com Are Falling.

    China’s GDP Beat Expectations. Why Alibaba and JD.com Are Falling.

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    Alibaba



    JD.com


    and other Chinese stocks fell Tuesday despite the country’s economy rebounding at a faster-than-expected pace in the first quarter.

    China’s gross domestic product (GDP) rose 4.5% in the first three months of the year, convincingly beating the FactSet economists’ consensus for 3.4% growth.

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  • Alibaba’s Shakeup Is Unrivaled. What It Means for the Stock.

    Alibaba’s Shakeup Is Unrivaled. What It Means for the Stock.

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    Alibaba


    stock was on track for its best day in months after the Chinese technology giant announced that it would split itself into six units, opening the door for its subsidiary businesses to go public.

    Akin to Alibaba (ticker: BABA) shifting from conglomerate to holding company, the move is designed to unlock shareholder value and foster market competitiveness, said the group, which is one of China’s largest and most important companies. It’s a nod both to investors who have weathered years of losses for the stock—caused largely by regulatory pressures—as well as regulators who have hammered Alibaba and the rest of the Chinese tech sector over competition concerns since late 2020.

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  • New Lyft CEO: ‘I don’t think of this as just an Uber battle. It’s a battle against staying at home.’

    New Lyft CEO: ‘I don’t think of this as just an Uber battle. It’s a battle against staying at home.’

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    Lyft Inc.’s incoming Chief Executive David Risher looks at the ride-hailing company’s competition with Uber Technologies Inc. as a way to keep both companies “honest and focused,” he said in an interview with MarketWatch on Monday.

    “There’s lots of two-service dynamics, or market dynamics, like Coke and Pepsi, or the Nasdaq and the [New York Stock Exchange],” Risher said. “You want that level of competition.”

    Lyft
    LYFT,
    -2.74%    ,
    which has lost $2.2 billion, or about a third, of its market capitalization since it reported earnings last month, announced Monday that board director Risher will take over as CEO of the struggling company. He will replace company co-founder Logan Green, who will become chairman of the board.

    Lyft is competing with much larger rival Uber
    UBER,
    -0.42%    ,
    which has gained ride-hailing market share in recent years at the expense of Lyft, according to YipitData, which says Uber now has about 74% of U.S. market share vs. Lyft’s 26%. Risher declined to say much about how he would differentiate himself from the outgoing CEO, but he indicated that Lyft will not attempt to compete with Uber in other services, such as delivery.

    “I don’t want to get in a car with someone that’s just delivered a pizza,” he said.

    “At some point, I don’t think of this as just an Uber battle,” he said. “It’s a battle against staying at home. How do we get people out? How do we get them playing and working together?”

    Lyft’s new top executive was for the past 13 years CEO of Worldreader, a nonprofit that focuses on children’s literacy through digital reading. Risher said because of that, he’s familiar with “doing more with less… you have to be more efficient.”

    Risher will receive a signing bonus of $3.25 million and have an annual salary of $725,000, according to Lyft’s filing with the Securities and Exchange Commission on Monday. He confirmed to MarketWatch that he intends to donate $3 million of that signing bonus to Worldreader.

    “I told the board it’s very important to me that Worldreader become stronger instead of becoming weaker,” Risher said.

    Risher is also active in efforts to encourage wealthy philanthropists to give away their money faster. He and his wife, Jennifer Risher, launched a group called Half My DAF in 2020 that aims to move money out of donor-advised funds and into the hands of working charities more quickly.

    “My wife and I do that on the side,” Risher said. “For a long time, I’ve been a purpose-driven leader. But Lyft is my No. 1 focus.”

    Before leading Worldreader, Risher was an early employee of Amazon.com Inc.
    AMZN,
    -0.09%    ,
    becoming its first head of product and head of U.S. retail, as well as a general manager at Microsoft Corp.
    MSFT,
    -1.49%    .
    He said that experience gives him an “understanding of competition.”

    He said Lyft will compete by focusing on customers and drivers, such as making sure drivers are picking up customers on time. He said there won’t be much difference in the company’s stance on treating drivers as independent contractors when he takes over.

    Lyft, like Uber, has been under pressure from investors to become profitable. The way to get there is through making sure to address it from both the “cost side and the volume side,” Risher said.

    Risher officially takes the helm on April 17. Like Green, co-founder and President John Zimmer also will relinquish a role in day-to-day operations, but will continue as vice chair of the board.

    MarketWatch staff writer Leslie Albrecht contributed to this article.

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  • Lyft brings in new CEO, pushing co-founders from helm after stock’s plunge

    Lyft brings in new CEO, pushing co-founders from helm after stock’s plunge

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    Lyft Inc. is bringing in a new chief executive and removing its co-founders from running the ride-hailing company on a day-to-day basis, sending shares more than 3% higher in after-hours trading Monday.

    Lyft
    LYFT,
    -2.74%
    announced after markets closed Monday that board member David Risher will take over as CEO, replacing co-founder Logan Green. Green and Lyft’s other active co-founder — John Zimmer, who had been serving as president — will remain on the company’s board as chair and vice chair respectively, but not actively participate in running the company.

    “I’m honored and humbled that Logan, John, and the board have trusted me to lead Lyft,” Risher said in a letter to employees. “And I’ll start by saying this: I want Lyft to lead, and I’m thrilled to lead Lyft.”

    Risher worked at Microsoft Corp.
    MSFT,
    -1.49%
    in the 1990s before becoming employee No. 37 at Amazon.com Inc.
    AMZN,
    -0.09%    ,
    according to Lyft’s announcement, which noted that he received a permanent thank you on the Amazon website from founder and former chief executive Jeff Bezos upon his departure in 2002. For the past 13 years, he has been in charge of a nonprofit focused on childhood literacy called Worldreader.

    “Across all three organizations, I learned of the power of leading with purpose,” he wrote to employees. “Each organization derived tremendous energy through a singleness of purpose. It’s what attracted and retained great people, allowed us to make focused decisions and inspired our customers.”

    In an interview with The Wall Street Journal, Risher — who has been on Lyft’s board since 2021 — admitted that Lyft faces competitive issues, seemingly referencing Uber Technologies Inc.
    UBER,
    -0.42%    .
    He mentioned “a very aggressive — very aggressive — competitor,” while adding, “I think being a strong No. 2 is a good place to be.”

    Lyft shares lost more than a third of their value in a single session in February after Green and Zimmer provided a forecast that missed expectations in what one analyst called “a debacle for the ages.” Monday’s announcement reiterated Lyft’s first-quarter guidance and said Lyft expects to report quarterly results in early May.

    D.A. Davidson analyst Tom White told MarketWatch on Monday afternoon that the change at the top could be “a potential model positive.”

    “A new leader with broader range of experiences could signal increased willingness to broaden Lyft’s strategic aperture a bit as it relates to other possible adjacent products (delivery?), partners, or ways to create value,” he wrote in an email.

    Green and Zimmer began developing the company nearly 15 years ago, and launched the service in 2012, according to their separate letters to employees. They have jointly led the company since, including through a 2019 initial public offering that gave them special shares with stronger voting power.

    From 2019: 5 things to know about the Lyft IPO

    “To say I have loved leading Lyft is an understatement,” Green wrote in his letter to employees. “To say that I will miss working alongside you and this incredible team every day doesn’t even come close. This was an adventure of a lifetime, and I’ve loved every minute of it — the sweetness of the highs, and the pain of the lows that make you appreciate the next win that much more. I’m eternally grateful to this team.” 

    Lyft shares sold for $72 in its IPO, and closed Monday at $9.60 before moving closer to $10 in the extended session. Lyft stock has plummeted nearly 75% in the past 12 months, dropping 74.4% as the S&P 500 index
    SPX,
    +0.16%
    has declined 12.6%.

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  • Amazon’s stock dips 1% as another 9,000 layoffs announced

    Amazon’s stock dips 1% as another 9,000 layoffs announced

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    Amazon.com Inc. is eliminating another 9,000 jobs, the company announced Monday morning.

    In a memo to staff, Amazon
    AMZN,
    -1.25%
    Chief Executive Andy Jassy said the cuts would take place over the next few weeks and primarily affect Amazon Web Services, People Experience and Technology Solutions, advertising and Twitch. [Twitch CEO Dan Clancy broke the news of 400 layoffs to employees in a blog post later Monday.]

    “This was a difficult decision, but one that we think is best for the company long term,” Jassy wrote.

    “For several years leading up to this one, most of our businesses added a significant amount of headcount,” Jassy added. “This made sense given what was happening in our businesses and the economy as a whole. However, given the uncertain economy in which we reside, and the uncertainty that exists in the near future, we have chosen to be more streamlined in our costs and headcount.”

    The news sent the retailer’s stock down 1% in trading Monday.

    The latest layoffs, amid a challenging macroeconomic climate that has claimed tens of thousands of jobs in the tech industry, follow an earlier round at Amazon, announced in November, that affected more than 18,000 employees. Additionally, Amazon has paused construction of its second headquarters in Virginia.

    At the same time, there are rumblings out of the Beltway that the Biden administration is preparing legal actions against Amazon stemming from investigations into its business practices, according to a report in Politico.

    Amazon is the second Big Tech company this month to announce additional job cuts. Last week, Mark Zuckerberg, CEO of Facebook parent Meta Platforms Inc.
    META,
    +1.12%    ,
    wrote in a blog post the social-networking company would slash 10,000 more employees as it focuses on a “year of efficiency.” The move drove Meta shares up 7% and helped the company top $500 billion in market value for the first time since June.

    In November, the company said it would cut 11,000 employees, or about 13% of its workforce, in the first layoffs in the company’s 18-year history.

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  • Start an E-Commerce Side Hustle on a Budget | Entrepreneur

    Start an E-Commerce Side Hustle on a Budget | Entrepreneur

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    Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.

    Many veteran entrepreneurs acknowledge Shopify as the king of e-commerce, but it might not be the best tool for newbies to sell products online. Shopify is expensive and may have a long learning curve. If you’re not ready to make your e-commerce business your full-time gig, you’re better off starting out with a more budget-friendly alternative like Gigrove.

    Gigrove is an all-in-one e-commerce solution that lets you start selling products and services online in as little as 15 minutes. The seamless tool lets you add an additional revenue layer for your business, quickly start a side hustle to sell that salsa your dad makes, or fully scale an e-commerce operation.

    With Gigrove, it’s easy to access e-commerce tools to set up online payments,, whether you’re selling downloadable files, professional and bookable services, or physical products that require shipping and delivery. In addition, Gigrove helps you manage schedules, inventory, and logistics all through a centralized dashboard. You can even set up subscription billing.

    Inside the dashboard, you can view advanced reports and analytics to better understand how customers engage with your site and leverage tools to enhance the customer experience. With coupon management, direct messaging, and live chat, you can improve your marketing and customer service, while integrations with tools like Stripe, PayPal, ShipStation, and Zapier greatly improve your ability to best serve your customers.

    Gigrove has earned 4.0/5 stars on G2, 4.5/5 stars on Software Advice, and is a Top Performer in Capterra’s e-commerce category, with a 4.5/5-star rating.

    Make this the year you get your e-commerce side hustle off the ground. Right now, you can get a lifetime premium subscription to Gigrove E-Commerce All-in-One Solution for the one-time price of just $49 (reg. $1,590).

    Prices subject to change.

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