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Adam Mosseri says "maybe we'll need" premium longform video for Instagram, and that TikTok's US sale turmoil has given Meta time to retune algorithms (Max Tani/Semafor)

Max Tani / Semafor : Adam Mosseri says “maybe we'll need” premium longform video for Instagram, and that TikTok's US sale turmoil...

6 December 2023

Amazon plans to cut seller fees on clothing items under $15 to 5% in January 2024 and $15 to $20 items to 10%, down from 17%, in a bid to compete with Shein (Spencer Soper/Bloomberg)

Spencer Soper / Bloomberg:
Amazon plans to cut seller fees on clothing items under $15 to 5% in January 2024 and $15 to $20 items to 10%, down from 17%, in a bid to compete with Shein  —  Amazon.com Inc. is sharply cutting fees for merchants selling clothing priced below $20, a sign it's hunkering down for a price war with Chinese fast-fashion upstart Shein.

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