Tag: E-commerce

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Business

Disney Plus adds 8 million subscribers—but it’s still operating at a loss

Disney Plus adds 8 million subscribers—but it's still operating at a loss

Disney+photo: NICK AGRO/AFP via Getty Images When Disney first launched its streaming service Disney+ back in November of 2019, it did so with a long-term mindset. Streaming was, presumably, the future, and so the company was willing to burn a lot of money to catch up with more established performers in the industry—most notably Netflix, […]

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Business

Prologis Offers to Buy Duke Realty in Nearly $24 Billion Deal

Prologis Offers to Buy Duke Realty in Nearly $24 Billion Deal

prolog Inc., PLD -5.26% the world’s largest owner of warehouse space, said it offered to buy Duke Realty Corp. DRE 3.92% in a nearly $24 billion deal, a vote of confidence in the e-commerce business at a time when investors are getting nervous about its growth. Prologis controls a 1 billion square foot global network […]