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Bits & Bytes | Amazon Brick-and-Mortar Stores, Snapdeal Loses Chief Product Officer

Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Amazon's brick-and-mortar store | Source: Shutterstock
By
  • Helena Pike

"Amazon CEO Jeff Bezos Says More Brick-And-Mortar Stores Are 'Definitely' Coming" (Business Insider)
"'We're definitely going to open additional stores,' Bezos said at Amazon's annual shareholder meeting."

"India's Snapdeal Loses Key Silicon Valley Vet Anand Chandrasekaran as It Battles Amazon" (Re/Code)
"Anand Chandrasekaran, chief product officer for Indian e-commerce firm Snapdeal, is leaving the role to pursue various startup endeavors."

"Publishers and Brands, Get Ready for the Snapchat Algorithm" (Digiday)
"Snapchat is developing an algorithm that will act as a gatekeeper between publishers and brands and their audiences, according to sources."

"Google and Levi's Team up on A "Connected" Jacket That Lets You Answer Calls, Use Maps and More" (TechCrunch)
"ATAP's Ivan Poupyrev announced that the company was collaborating with iconic clothing company, Levi's, to launch a "connected" smart jacket aimed at urban cyclists that will allow wearers to do things like control their music, answer phone calls, access navigation and more, all by tapping and swiping on the jacket's sleeve."

"The Dawn of an African E-Commerce Goldrush May Be a False One" (Quartz)
"PwC says online retail sales in South Africa, for example, will rise to $770 million, while Frost & Sullivan believes the African e-commerce market will be worth $50 billion, both by 2018. Yet the current viability is minimal."

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