Mercari is an app that allows consumers to buy and sell good
through your smartphone. It's basically an alternative to eBay, creating a safe and reliable platform for people to sell stuff they don't need anymore. Mercari's CMO Scott Levitan sits down with Alyssa Julya Smith in Los Angeles to talk about how the app is setting itself apart from all the competition.
Levitan says the company has created a safe space that makes sure purchases are paid before they are sent out to help minimize fraud on the site. In December, Mercari surpassed 100 million downloads worldwide and the app is pushing its expansion even further into the US, after the Asian company has dominated much of that market.
The app also eliminates the need to meet face-to-face and creates a safe space to buy/sell, making it a safer choice than sites like Craigslist. Buyers simply search, swipe and tap to purchase, and sellers can post their listing in under a minute.
Cheddar News checks in to see what to look out for Next Week on the Street as former president Donald Trump makes an appearance in federal court after being indicted. Investors will also keep an eye on the Federal Reserve meeting to see what comes out of that while earnings continue to pour in.
Google will launch its long-delayed News Showcase product this summer.
Walmart is expanding its HIV treatments, planning to add over 80 specialty facilities across nearly a dozen states by the end of the year.
The Internal Revenue Service said there are about $1.5 billion in unclaimed tax refunds dating back to 2019.
General Motors will allow its electric vehicles to use Tesla charging stations across the country.
The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
Modelo Especial is now the top-selling beer in the United States, dethroning Bud Light after 22 years. In May, sales of Modelo Especial hit $333 million. That's up 15.6 percent from the same period last year.
Electric vehicles made by General Motors will be able to use much of Tesla's extensive charging network beginning early next year. In addition, GM will adopt Tesla's connector, the plug that links an electric vehicle to a charging station.
The Supreme Court on Thursday gave whiskey maker Jack Daniel's reason to raise a glass, handing the company a new chance to win a trademark dispute with the makers of the Bad Spaniels dog toy.
Cheddar News checks in to see what to look for on The Day Ahead with Chinese EV-maker Nio due to release its report and Jurassic Park is celebrating the 30th anniversary of its release. Meanwhile, 'Transformers: Rise of the Beasts' debuts on Friday across the country.
