AWS is now a $100B revenue run rate business. Hard to describe how impactful it has been for the American economy way, way, way beyond the tech industry. 🙏 🇺🇸 💪🏼

'Like e-commerce, fintech might not have too many winners, but the ones that can win will have a huge market.' —Hans Tung tells Mary Ann Azevedo on Equity Podcast

pod.link/equity/episode…

Nigeria's YC-backed Chowdeck hopes to scale food delivery, a notoriously tough market, with $2.5M funding tcrn.ch/4bl74zv via @techcrunch

Glovo pulls out of Ghana market citing profitability challenges africa.businessinsider.com/local/markets/…

Getir pulls out of US, UK, Europe to focus on Turkey — 6,000+ jobs impacted tcrn.ch/4dfSHhz via @techcrunch

Swiggy confidentially files draft IPO papers for $1.25 billion public listing etretail.com/s/2qkadgy via @EtRetail

People are making $70-80K per year selling restaurant reservations in NYC on the secondary market 😯

This is Snaxshot major scoop in the last month—Outfox Hospitality (Foxtrot + Dom’s) are filing bankruptcy (alleged)

Thank you to those who reached out with the news and for trusting me with it 🙏

All the details we know:

snaxshot.com/p/somethings-h…

Is Edeka still trying out quick commerce with “Edeka Now”? [In German] supermarktblog.com/2024/04/23/wag…

Foxtrot Market Ceases Operations, by Snaxshot snaxshot.com/p/foxtrot-mark… - wow, I did not see this coming

What about Flink? Delivery service raises another 100 million businessinsider.de/gruenderszene/… - in German

How Chinese Sellers Are Quietly Reshaping US Consumer Habits - this is happening globally adexchanger.com/commerce/how-c…

This is a not so friendly reminder: If you have an outstanding invoice with a #startup , pay your bill!

Amazon’s Prime subscription service hit a new high of 180 million US shoppers in March, an increase of 8% from a year earlier, according to Consumer Intelligence Research Partners, which has tracked Amazon memberships since 2014. bloomberg.com/news/articles/… Spencer 'tweets 4 free' Soper

Ozempic, Wegovy, Mounjaro and Zepbound are the first medicines to become social-media sensations. But the friends and influencers talking up the drugs aren’t always giving the full story. wsj.com/health/pharma/… via The Wall Street Journal

Flipkart’s talks to buy majority stake in Zepto falter; quick commerce startup opts for financial investors etretail.com/s/qqmz94p via @EtRetail

Swiggy integrates Mall offering with Instamart etretail.com/s/r82m6sn via @EtRetail

Getir, once a darling of the delivery startup world valued at $12 billion, is weighing asset sales and potential exits from non-core markets bloomberg.com/news/articles/… via Bloomberg Technology

Amazon spied on rivals for a decade with a secret operation called 'Project Curiosity' qz.com/amazon-underto… via Quartz

JD introduces avatar of founder Richard Liu to promote goods in move to lure shoppers technode.com/2024/04/18/jd-…