Tag: e-commerce

December 2, 2019

In the heart of New Delhi’s largest wholesale bazaar, merchants who normally compete with each other have united against a common enemy. “Amazon, Flipkart!” one merchant after another shouts into a microphone from a small stage in Sadar Bazaar’s central […]

November 11, 2019

(BEIJING) — Chinese e-commerce giants Alibaba and JD.com reported a total of more than $50 billion in sales on Monday in the first half of Singles Day, an annual marketing event that is the world’s busiest online shopping day. Singles […]

July 15, 2019

Walmart is trying very hard to rival Amazon in the eCommerce space. The retail giant has fallen a long way behind when it comes to acquiring an online customer base and it’s now making a big play to turn that […]

June 5, 2019

It’s been a rough ride for retail stocks. The XRT, which tracks the biggest names in retail, is coming off its worst month in more than a decade after falling roughly 13% in May. But the sector showed some signs […]

March 19, 2019

Instagram is strengthening its role in e-commerce by allowing users to pay for dresses, makeup, and watches inside its app. The new checkout feature, which begins rolling out on Tuesday, lets users make in-app purchases from 23 retailers, including Nike, […]

March 18, 2019

LONDON — The financial technology provider Fidelity National Information Services agreed on Monday to buy Worldpay for about $34 billion, in a bid to become a powerhouse in the global payments sector. The deal is among the biggest in the […]

February 5, 2019

Two years into Donald Trump’s presidency, the man who has profited most from the era is his foremost nemesis in the business world, Amazon.com Inc. founder Jeff Bezos. Trump has repeatedly vilified Bezos, threatening his company with tax increases, antitrust […]

November 21, 2018

Magento is a popular e-commerce platform, used by nearly 74,000 web sites in North America alone. And according to new research, 79% of them are at heightened risk from cyber criminals. Researchers at Foregenix analyzed more than 170,000 Magento websites […]

October 31, 2018

Since our last major update about Amazon’s hunt for a location for its second headquarters, it’s been reported that Miami and Chicago have gotten a second look, and little Oatlands, Va., near D.C., is an unlikely frontrunner. The e-commerce giant […]

October 26, 2018

Amazon was set to plunge at Friday’s opening bell after the company delivered disappointing third-quarter revenue and fourth-quarter revenue guidance. The e-commerce giant delivered standout third-quarter earnings of $5.75 a share on Thursday, easily beating the $3.11 that analysts surveyed […]

August 23, 2018

Alibaba reported strong first-quarter revenue growth on Thursday morning as its core e-commerce and fast-growing cloud-computing segments provided a boost. The Chinese e-ecommerce giant said revenue soared 61% year-over-year to 80.9 billion yuan, or about $11.8 billion, edging out the […]

August 22, 2018

So much for the demise of brick-and-mortar retailing. Target (TGT, +5.13%) on Wednesday reported a surge in shopper visits and digital sales that fueled its biggest comparable sales gain in 13 years, proving that its strategy to integrate stores and […]

July 18, 2018

Shares of Amazon ticked higher on Wednesday as Wall Street awaited the final results from Prime Day, the e-commerce giant’s annual sales event. The stock rose 0.1 percent in the premarket after closing at a record high in the previous […]

May 17, 2018

It looks like Walmart’s (WMT, +3.74%) tepid e-commerce growth over the holiday season may have been a blip after all. The mass merchandise retailer said on Thursday that U.S. online sales had risen 33% in the first fiscal quarter of […]

February 20, 2018

Shares of Walmart fell as much as 6% in early trading Tuesday after the retailer posted a 42% drop in fourth quarter earnings that missed Wall Street’s expectations. However, the word’s largest retailer reported better-than-expected revenues of $136.27 billion, where […]

February 6, 2018

As more and more folks head online to shop, it’s not surprising that the e-commerce sector is thriving. However, with so much choice in how you set up your online store, it can be difficult finding the right platform for […]

January 26, 2018

Shares of Walmart rose in pre-market trading on Friday after the company announced a deal with Japanese e-commerce site Rakuten to sell Rakuten’s Kobo e-readers and content in the US mass market. The alliance brings two of the biggest retailers […]

January 16, 2018

Amazon stock will add to its historic run in 2018 thanks to its booming advertising business, according to a new bull on Wall Street. BMO Capital Markets raised its price target on Amazon to $1,600 from $1,200, the highest 12-month […]

October 26, 2017

This time of year, American shoppers are more likely to have pumpkin spice coffee on their minds than holiday gifts. But United Parcel Service and FedEx are already gearing up for the December rush—when their shipping volume skyrockets, and social […]

October 10, 2017

Walmart (WMT, +3.81%) expects little abatement in the pace of its torrid e-commerce growth next year, and the retailer’s latest forecast sent shares up 2% on Tuesday. The world’s largest retailer, for years slow to respond to Amazon.com (AMZN, +0.45%) […]