Gojek and Tokopedia, two of Indonesia’s biggest internet companies, are finalizing their $18 billion merger to create a giant in ride-hailing, food delivery and e-commerce. The two companies plan to call the combined business Goto—pronounced “go to”—and both sides expect to close the deal as early as this month, people with knowledge of the matter said. Goto’s top management team will consist...
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Shein Confusion: The Fast-Fashion Giant’s New Resale Site Doesn’t Make Buying Easy
All I wanted from Shein Exchange was a plain black skirt. It was a simple enough desire, I thought, as I swiped around the fast-fashion giant’s newly launched resale platform. Scrolling through the offerings, I was bombarded with used neon crop tops, bedazzled pants and denim skirts—but my basic wardrobe staple was nowhere to be found. When it was unveiled in October, Shein Exchange...
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