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MBS News

16 July 2019 - 16:21

Amazon offers vouchers in exchange for tracking activity U.S. shoppers received a $10 voucher in exchange for their usage data to train Amazon's Assistant as part of ‘Prime Day’. The Assistant, which has over 7 million users, is a browser add-on that compares online retailers’ prices with Amazon’s. Read more.

16 July 2019 - 16:15

Budget hotel company OYO acquires co-working startup The Indian company, which has received $1bn of investment in ten months, paid $30m for Innov8 to operate as the OYO Workspaces premium option. The spaces will offer discount season passes and services including housekeeping. Read more.

16 July 2019 - 16:12

Inditex pledges total fabric sustainability by 2025 at AGM Zara's ‘Join Life’ label currently offers clothing made from sustainable fabric. However, by 2020, the Spanish retailer will have invested $3.5m in its textile recycling program to minimise waste and reuse more materials across its entire supply chain. Read more.