Tag: e-commerce

June 12, 2017

Amazon took its heated battle with Walmart to another level this week through its discounted Prime membership offering to consumers receiving U.S. government assistance. Discounted Prime is a direct attempt to garner share in what has been a lucrative business […]

April 20, 2017

Global e-commerce juggernaut Amazon.com (AMZN, -0.51%) on Thursday said it will open its online shopfront service in Australia, ending rumors about its plans and increasing the pressure on the domestic retail sector to catch up with the digital economy. The […]

April 13, 2017

A GLIMPSE into the future of retailing is available in a smallish office in Hamburg. From there, Otto, a German e-commerce merchant, is using artificial intelligence (AI) to improve its activities. The firm is already deploying the technology to make […]

April 7, 2017

With the launch of Amazon (AMZN) Cash, Jeff Bezos is making a bid to expand the e-commerce giant’s reach to unbanked consumers, who operate outside the typical financial system and don’t have credit or debit cards. Companies from payment pioneer Paypal (PYPL) to rival […]

June 15, 2016

SoftBank Group said on Wednesday it expects to book profit of 200 billion yen to 250 billion yen ($1.9 billion to $2.4 billion) this financial year from the sale of shares in Alibaba Group Holding. The Japanese telecommunications company earlier […]

May 25, 2016

Friend or foe? To Visa (V) CEO Charles Scharf, electronic payments firm PayPal (PYPL)  is an enemy. In this growing digital marketplace, estimated to be at $8 trillion by 2020, the two companies compete for consumers who are buying products on mobile, tablets, or […]

May 10, 2016

PayPal (PYPL) just dealt a serious blow to the crowdfunding industry, but this in no way wounds PayPal’s successful e-commerce service. Instead, PayPal stock is already ticking upward on Monday. In a policy update on its Web site, PayPal says […]

May 9, 2016

Amazon.com is the best long-term story in the market right now, investment pro Robert Luna said Friday. He’s even predicting the e-commerce giant will hit $1,000 a share by the end of 2017. “This is a company that is basically […]

December 30, 2015

Eric Schmidt, the former boss of Google and the now-executive chairman of Google’s parent company Alphabet, says Britain beats the US when it comes to e-commerce. Schmidt told BBC Radio 4’s Today programme that Britain’s “right regulatory environment” as well […]