Chinese e-commerce giant Alibaba’s annual Nov. 11 Singles’ Day shopping festival, the world’s biggest retail bonanza, recorded its slowest year-on-year growth in total transactions. This year, the event’s gross merchandise volume—the value of all transactions on the company’s marketplace—increased 8.5% to $84.5 billion. Last year, the event’s GMV grew 26%. The slower growth reflects a big...
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After Vine and Google+ Shut Down, a Creator Embraces Email
Brian Brushwood’s online career illustrates how regularly social apps go up in smoke. The magician, who spent 15 years touring college campuses, started to post video clips of his life on the road online in 2006. He amassed more than one million followers on six-second video app Vine and one million followers on Google+. Then, both shut down. “I am king of the failed platforms,” Brushwood,...
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