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Shopify President Says Legacy Brands Are Suffering

Shopify CEO Harley Finkelstein joins Emily Chang to talk about Black Friday and Cyber Monday trends, what to expect for holiday sales, the future of e-commerce, and why they’re bullish about 2022.

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Shopify CEO Harley Finkelstein joins Emily Chang to talk about Black Friday and Cyber Monday trends, what to expect for holiday sales, the future of e-commerce, and why they’re bullish about 2022.

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2 Comments

2 Comments

  1. YouTube Sucks

    December 1, 2021 at 12:46 am

    You misinterpreted the data. Independent brands do not believe they have pricing power. Legacy brands think they do. So as they jack up prices, they drive customers away to independent brands whose prices have been more consistent.

  2. Everyday Rants

    December 1, 2021 at 12:49 am

    Trying play the blame game

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Bloomberg Technology

Xiaomi’s Electric Supercar Threatens Porsche, Europe Models

Hurtling around a race track outside Beijing, Xiaomi’s SU7 Ultra is as disconcerting as it’s quick. The company is preparing its expansion abroad, where it could pose a threat in the EV market. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde…

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Hurtling around a race track outside Beijing, Xiaomi’s SU7 Ultra is as disconcerting as it’s quick. The company is preparing its expansion abroad, where it could pose a threat in the EV market.
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Tesla Boosts Spending Plan to $25 Billion in AI, Robotics Push

Tesla anticipates billions of dollars in additional spending this year to support Elon Musk’s ambitions to transform the electric-vehicle pioneer into an AI and robotics company. Ed Ludlow reports. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:…

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Tesla anticipates billions of dollars in additional spending this year to support Elon Musk’s ambitions to transform the electric-vehicle pioneer into an AI and robotics company. Ed Ludlow reports.
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China’s DeepSeek Unveils New Model a Year After Shock Launch

China’s DeepSeek is back with a brand new flagship AI model, a year after its open source model upended Silicon Valley. Tom Mackenzie explains. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:   Get the latest in…

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China’s DeepSeek is back with a brand new flagship AI model, a year after its open source model upended Silicon Valley. Tom Mackenzie explains.
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