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Trump takes hard line on Iran as Hormuz stand-off drags on

Leaving the simmering conflict in the Middle East and a tussle for control of the Strait of Hormuz stuck in limbo.

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The Marketplace Platform Transition: From Experiment to Core Business

Most retailers approach a marketplace platform decision as an experiment. The logic is sound: expand assortment without inventory risk, test which categories pull demand, avoid capital commitment…

  • Marketplace transition from experiment to core business not signaled by formal announcement.
  • GMV exceeding 5% of total revenue marks significant impact on consolidated P&L.
  • Third-party GMV growth outpacing first-party growth indicates marketplace as growth engine.

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