© 2025 eBay | Business & Financial Highlights Q1'25 Disclosures This presentation contains non-9A4P measures relating to our performance. You can find the resonciliation of these measures, except for FK-Neutral basis, to the nearest co GAAP measures in the appendix at the end of this gresentation. All grount rates regresent vear-sent vear-sent vear-somparisons, except as otherwise noted. For rumbers in th provided on an "FX-Neutral" basis, we calculate the vear-over-vear impact of forceign curnency movement ...

Core Viewpoint - United Parcel Service (UPS) plans to lay off up to 20,000 employees due to a significant reduction in its business with Amazon, which has been halved, amidst the backdrop of a trade war and shifting delivery strategies [1][8]. Group 1: Business Relationship with Amazon - UPS's CEO, Carol Tome, indicated that while Amazon is the largest client, it is not the most profitable, leading to a reassessment of their business relationship [3]. - Amazon's efforts to enhance its own delivery capabilities, including drone shipments, may have influenced UPS's decision to cut back on its services [3]. - The ongoing conflict involving the White House, Amazon, and Chinese suppliers raises questions about the future of UPS's business with Amazon [4]. Group 2: Financial Performance and Stock Movement - Despite a strong quarterly report where UPS achieved $21.50 billion in revenue, surpassing the forecast of $21.02 billion, and an EPS of $1.49 against an expected $1.38, the stock has seen a significant decline [12]. - UPS stock has dropped nearly 22% year-to-date, with a 1.68% decline in the last week and a 12.06% drop over the past 30 days [12]. - On April 29, UPS shares fell 0.37% to close at $96.73, with a slight pre-market decline to $96.72 [7].

The transaction includes the acquisition of Jeffs’ Brands’ wholly-owned subsidiary, Smart Repair Pro, and its approximately 49.1% ownership interest in SciSparc Nutraceutical Inc. by a Canadian public company in exchange for an up to 90% equity interest (on a fully diluted basis) in such company Tel Aviv, Israel, April 30, 2025 (GLOBE NEWSWIRE) -- Jeffs’ Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, today announced ...

Wayfair (W) is scheduled to report first-quarter 2025 results on May 1.W expects revenues between flat and slightly negative on a year-over-year basis. The Zacks Consensus Estimate for first-quarter 2025 revenues is pegged at $2.71 billion, suggesting a 0.66% year-over-year decline.The consensus mark for the first-quarter 2025 bottom line is pegged at a loss of 18 cents per share, which has narrowed by 1 cent over the past 30 days. This also marks a sharp improvement from the year-ago quarter's loss of 32 c ...

The White House on Tuesday slammed Amazon for reportedly planning to display the cost of President Donald Trump's tariffs next to the total price of products on its site. Amazon did not immediately respond to CNBC's request for comment. The Trump administration's aggressive swipe came in response to Punchbowl News' report earlier Tuesday morning that Amazon will soon show consumers how much of an item's cost comes from tariffs. The amount added as a result of tariffs will be displayed right next to each pro ...

Core Viewpoint - JD.com has officially announced the addition of the popular animated IP "Zhu Zhu Xia" to its delivery service, which has garnered significant attention from the public [1] Group 1: Company Initiatives - JD.com has launched a themed book list titled "Zhu Zhu Xia's Magical Adventure in Children's Books" to evoke childhood memories and introduce new young readers to a fantastical reading experience [3] - The book list features the recommended series "Zhu Zhu Xia's Dinosaur Diary: Children's Independent Reading Picture Storybook (4 volumes)," which adapts eight stories from the popular animated series [5] - The series aims to enhance children's reading skills and habits by combining adventure stories with character recognition, making it an educational and entertaining collection [5] Group 2: Educational Aspects - The books incorporate multi-dimensional educational designs, such as themes of overcoming fear and exploring biological traits, to engage children in learning [5] - Each story in the series is crafted to inspire children’s curiosity and moral values, such as justice and bravery, through the adventures of dinosaur characters [5][7] - The continuous innovation of the Zhu Zhu Xia IP over the past 20 years has kept it beloved by audiences, making it a significant cultural gift for children [7]

Core Insights - Meituan's flash purchase service has reached an average daily order volume of 13 to 14 million, with a peak of 18 million orders in a single day [1] - The potential inclusion of "invisible riders" could push Meituan's instant retail orders close to 15 million [2] - The order volume has surged over 30% in just six months since surpassing the 10 million mark in Q3 2024, indicating a growth rate that significantly outpaces the industry average [3] Group 1: Business Model Evolution - The transition from physical stores to front warehouses has been crucial for Meituan's flash purchase service, which initially aimed to digitize offline stores [5] - Meituan has incentivized offline merchants to join its platform with substantial discounts, absorbing the costs to drive traffic online [6] - The emergence of "flash warehouses" has restructured product offerings, pricing, and operations to better cater to online orders, leading to significant operational breakthroughs [9] Group 2: Instant Retail Models - There are three primary models for instant retail: physical stores, integrated store-warehouse models, and front warehouses [13] - Physical stores have seen limited success in instant retail, with many generating only a few orders monthly, while flash warehouses have shown superior performance [14][11] - Successful examples like Aoleqi demonstrate that physical stores can excel in instant retail by effectively managing inventory and optimizing product offerings [15][17] Group 3: Transition Strategies for Retailers - Retailers should adapt their business models based on order density, with higher densities favoring front warehouse models [34] - The integrated store-warehouse model serves as an initial upgrade for many retailers, allowing them to balance online and offline sales [35] - As order density increases, the advantages of front warehouses become more pronounced, prompting many retailers to shift from integrated models to front warehouses [36] Group 4: Future of Instant Retail - The evolution of instant retail is expected to lead to faster, more efficient, and diverse service offerings, with advancements in technology such as unmanned delivery and warehouses [44] - Retailers are encouraged to establish independent organizations for managing front warehouses to enhance operational efficiency [42]

3. 政策调整的必然性 面对"仅退款"政策被滥用的问题，国家相关管理部门也释放了强烈的治理信号。今年全国两会期间，国 家市场监督管理总局明确表示要对平台滥用"仅退款"规则、损害商家权益的现象进行治理。在此背景 下，电商平台全面取消"仅退款"政策，成为行业发展的必然趋势。 近日，淘宝、拼多多、京东等主流电商平台相继宣布全面取消"仅退款"政策，这一举措标志着电商行业 在售后服务规则上的重大调整。从消费者快速维权通道到商家权益的保障，全面取消"仅退款"不仅意味 着电商生态的重塑，更引发了对行业健康发展、消费者权益与商家利益平衡、以及平台治理责任的深刻 思考。 1. "仅退款"的诞生与初衷 "仅退款"政策最初由拼多多于2021年推出，并迅速在行业内推广开来。其初衷是为了简化消费者的售后 流程，特别是在面对商品质量瑕疵、货不对板等问题时，赋予消费者快速止损的权利，从而提升购物体 验。这一政策在一定程度上提振了消费者的购物信心，成为电商平台服务升级的标杆。 2. 规则滥用与商家困境 然而，随着时间的推移，"仅退款"政策的弊端逐渐显现。部分不良消费者利用规则漏洞，频繁以各种理 由申请仅退款，甚至收货后也照退不误。这种行为不 ...

最近京东和美团频频上热搜，貌似一直没饿了么啥事。 事情经过 4 月 25 日，有一位成都小姐姐网购后遇到了一个奇葩配送员。（小程程也遇到过奇葩的骑手，我写在最后 了） 这位小姐姐是在淘宝买了一盒消毒液及避孕套，卖家是同城的一个实体店，卖家在饿了么下单送货上门。 小姐姐表示，配送员送到门口就意味深长地看着自己，后来还发短信骚扰。 不过今天它终于上热搜了！ 在被骚扰后，小姐姐很纳闷，明明东西用黑色塑料袋包装，而且小票上信息也是隐藏了，但配送员仍知晓具体 物品信息，怀疑东西被拆或系统信息泄露了，于是她投诉了。 商家 饿了么客服回应 后续：骑手道歉，当事人原谅 小程程在小红书找到当事人发的后续了： Bonus：我遇到的奇葩骑手 刷到这个热搜时，小程程就想起前几年遇到一个某团的骑手，他给邻居送东西后，然后居然把我家买的东西 （送货到门口的）给偷走，正好被可视门铃监控拍下来了。 商家拒绝退货退款，但平台介入后承诺保护用户隐私 门店目前也已拉黑了这名骑手，不让他再接门店的订单 我给了他改正机会（找邻居帮忙电联让其送回），但他拒不承认偷窃，只能报警处理 + 曝光。（我用是个人 小号曝光，不是大号 ）。 最后是外卖站点的站长带 ...

Group 1: Market Overview - The market is recovering from lows and avoiding a full-on crash for the time being [1] - Investors are shifting focus from younger growth stocks to safer stocks, but some growth stocks remain undervalued [2] Group 2: Revolve Group - Revolve Group is a digital fashion disruptor utilizing AI for inventory management, website design, and marketing [3][4] - In Q4 2024, Revolve's revenue increased by 14% year over year, with net income rising by 237% and free cash flow turning positive at $1.8 million [5] - Active customers increased by 5%, total orders rose by 7%, while average order value decreased by 1% [7] - The company plans to expand its product assortment and open its first full-time physical store in Los Angeles [8] - Revolve's stock is down 42% this year, trading at a forward P/E ratio of 22 [9] Group 3: E.l.f. Beauty - E.l.f. is disrupting the cosmetics industry with a focus on affordable makeup and skincare, targeting young, value-driven consumers [10][11] - The company holds the top spot in color cosmetics unit share and 12% of the dollar share, with strong performance in various cosmetics categories [12] - In Q3 2025, sales increased by 31% year over year, but EPS fell from $0.46 to $0.30 due to rising expenses [13] - E.l.f. stock is down 54% in 2025, but there are opportunities for growth, especially among younger consumers [14] - The stock trades at a forward P/E ratio of 14, suggesting it may be undervalued despite potential turbulence ahead [15]