Phia's daily revenue fell 87% after cookie-stuffing halt
Bloomberg's follow-up report alleges Phia co-founders Phoebe Gates and Sophia Kianni knowingly ran a cookie-stuffing scheme that claimed affiliate commissions on sales their shopping extension never influenced. The startup's daily revenue reportedly collapsed from $80,000 to as little as $10,000 once the practice was halted — a warning shot for every retailer and affiliate network paying for attribution they cannot verify.
Source: massachusettssun.com · trinidadtimes.com