What happened
Shares of e-commerce and cloud giant Amazon (AMZN-1.68%) were falling in today’s trading, down by as much as
American depositary receipts (ADRs) of Alibaba (BABA) tumbled close to 6% in early trading Wednesday after the Chinese e-commerce giant’s holiday results missed expectations even as it raised its stock buyback program.
Alibaba reported fourth-quarter earnings per share (EPS) of … Read the rest
Logistics giant Flexport is raising $260 million from partner and e-commerce titan Shopify after burning through hundreds of millions of dollars last year, per a report in The Information.
The huge fundraising event is just the latest headline for the … Read the rest
The global E-commerce market will be valued at US$ 18.98 Trillion in 2022. Global E-Commerce market size is projected to reach US$ 47.73 Trillion by 2030. The global E-commerce market is growing at a CAGR of 12.22% from 2022 to … Read the rest
DAVENPORT & Co LLC boosted its stake in shares of Amazon.com, Inc. (NASDAQ: AMZN) by 18.2% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,847,235 shares of the e-commerce giant’s stock … Read the rest
Get ready for the ultimate tech shopping spree as the Amazon Great Indian Festival is now live for all users, unveiling a treasure trove of deals and discounts. From smartphones and laptops to wearables and fashion essentials, this sale has … Read the rest
According to early trends from several industry players, the festive season has started on a high note for e-commerce companies. Last month, even before the flagship sale events went live, analysts at Redseer had estimated that the gross merchandise value … Read the rest
Despite decades of investment in digital technology, B2B ecommerce maturity varies greatly across businesses of all sizes, according to a survey of more than 100 B2B buyers from Digital Commerce 360 and sponsored by Tradecentric.
Most business organizations describe their … Read the rest
You’ve no doubt bought something online in the last year, and perhaps it’s a regular habit for you. It is for many of us, as more than 80% of Americans shop online. That trend had been growing steadily through 2019, … Read the rest
The pandemic had a profound effect on retail, accelerating the rise of online shopping. The monthly share of online sales regularly breaks its ceiling – the latest ONS figures show 27.4% of total UK purchases are made online, up from … Read the rest
Shares of e-commerce and cloud giant Amazon (AMZN-1.68%) were falling in today’s trading, down by as much as