Amazon is hiking the fees it charges on its Fresh grocery delivery orders, the latest sign of an increasing emphasis on fiscal prudence at the e-commerce and cloud giant. Beginning Feb. 28, Amazon will charge a $9.95 service fee on two-hour Amazon Fresh deliveries under $50, a $6.95 fee for orders between $50 and $100 and a $3.95 fee for deliveries between $100 and $150, according to a note to...
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Another Major Venture Firm to Separate China Investment Partners Following U.S. Pressure
GGV Capital, a prominent venture capital firm managing $9.2 billion in assets, plans to separate its China and U.S. teams following scrutiny from lawmakers in Washington about the national security implications of the firm’s investments in Chinese artificial intelligence and semiconductor firms, according to a notice the firm sent to its investors on Thursday. The move comes a few months...
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