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eCampus says it is making the most of Amazons decision to end textbook rentals.The company, which sells textbooks and course materials, announced Tuesday May 23 that it would keep offering textbook rentals, something it had been doing in partnership with Amazon. College students have long relied on Amazon when it comes to renting textbooks, not realizing that eCampus was behind the scenes fulfilling those order stanley termoska s since 2012, eCampus President and CEO Ma stanley cup tt Montgomery said in a news release.Amazon announced last year that it was winding down its print textbook rental program, which came to a close last month. Following an assessment of our print textbook rentals and our magazine and newspaper subscriptions and single-issue sales, we have made the difficult decision to discontinue these services, Amazon spokesperson Lindsay Hamilton told Publishers Weekly in 2022.The decision came as Amazon embarked on an effort to cut costs. Its a project that is still ongoing, with the company last month closing down its U.K.-based business Book Depository in a move that PYMNTS said underscores how the online juggernaut has recalibrated, and still is revamping, its business model. With Amazons exit from the textbook rental space, eCampus says it has emerged as the leader for that marketplace, claiming it has nearly one m stanley cup romania illion available rental titles on its site, an availability of almost four times that of competitors. And thats good news for college students struggling to pay the steep Tyrn Wells Fargo Lays Out The Future On Executive Conference Call
WeChat, the China-based social media and messaging service, is aiming to expand in Europe and the U.S. to develop a payment service and lure new advertisers.According to a report in Bloomberg, WeChat, which is owned by Chinas Tencent, is opening an office in the U.K. and another European country. WeChat is already in Italy. Tencent has an office in San Francisco but is looking to increase the number of WeChat employees in the U.S. as it goes after advertiser stanley usa s and payment providers. We needed to make a step closer in serving European brands, said Tencent Europe Director Andrea Ghizzoni in an interview with Bloomberg.While WeChat has greater than 889 million users in China, Bloomberg noted it hasnt made much inroads outside of that stanley us country. This isnt the first time WeChat has gone after consumers in the West. Bloomberg reported that in 2013, WeChat hired Lionel Messi, a soccer star for a campaign outside of China. There were lots of downloads of the app, said Ghizzoni in the interview. However, stickiness was slow. With its latest push in the West, Bloomberg reported WeChat is going after busi stanley termosy ness-to-business market, encouraging Western brands to sell their products and services on the WeChat platform and is going after what it calls high-value brands in the U.K. and Italy. Burberry and Chanel are already on WeChats platform and are considered high-end brands. For its European expansion, WeChat is focusing on fashion and high-end goods but will eventually expand into trave |
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