E-commerce

Process of privatizing large property near Porto Heli to start again

State asset utilization fund TAIPED is about to launch its second attempt in the last eight years to sell a 624,000 sq.m. property in an excellent location near Porto Heli in the eastern Peloponnese.

This is a piece of public land at Ververonda, which has the potential to host a small airport.

Physical retail bouncing back

Uncertainty in the market led to one in three retailers running promotions or discounts even over the festive period, but more than one in four businesses had higher sales this holiday season, compared with the same period in 2021, according to a study by the Hellenic Confederation of Commerce and Entrepreneurship (ESEE), which was released on Friday, regarding the activity of commercial stores

Retail stores looking forward to Black Friday on Nov. 25, welcome end of interim sales

'Black Friday', the next retail sales, will take place on November 25 this year and will include major offers, market representatives said, who also welcomed the end of the interim sales that used to take place in the beginning of November.

Netflix to debut subscription with advertisements

Netflix on Oct. 13 said a subscription option subsidized by ads will debut in November across a dozen countries as the streaming service strives to jumpstart stalled growth.

Netflix reported a loss of 970,000 subscribers in the second quarter along with stagnant profits, and its share price is down 63 percent from this time last year despite rising slightly on the ad-tier news.

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