Keep pulling the thread on Brian Choi.
According to a Kantar GLP-1 study, Walmart is the number one pharmacy that consumers switch to when they begin using GLP-1 medications.
In a deal to sell part of TikTok's US assets, parent company ByteDance will retain a 19.9% share of the new joint venture.
Oracle, Silver Lake, and Abu Dhabi-based investment firm MGX will each own a 15% stake in the new TikTok US joint venture.
TikTok Shop's revenue was reportedly over $20 billion in the last year.
Amazon is closing all 15 of its Amazon Go stores and 57 of its Amazon Fresh stores as part of a strategic refocus.
Amazon is refocusing its grocery strategy on same-day delivery via Amazon.com and expanding its Whole Foods Market footprint.
The consensus at the World Economic Forum in Davos is that Artificial General Intelligence (AGI) will arrive within the next two to five years.
Waymo, Alphabet's self-driving car company, has raised $16 billion for global expansion.
PepsiCo is planning to cut prices on its Lay's and Doritos potato chips by 15% in response to consumer complaints and slowing volume growth.
According to a Bain & Company study, challenger brands account for only 1% of CPG revenues in the US but are responsible for at least 40% of the category's growth.
The SNAP program in at least 20 states, including Florida and Texas, now prohibits the purchase of soda and other specified products, deeming them hazardous to health.
At least 10 major CPG companies now have dedicated sales teams for the TikTok Shop platform.