JPMorgan highlighted Amazon (NASDAQ: AMZN) as its Best Idea, pointing to its continued dominance and growth within the U.S. e-commerce sector. According to JPMorgan’s analysis, Amazon’s share of the U.S. e-commerce market saw a year-over-year increase of 272 basis points, … Read the rest
The global e-commerce sector is expected to continue its growth trajectory in 2024, according to data by AltIndex. The data forecasts a massive $3.64 trillion in revenues, marking a 15.6 percent increase from the previous year.
Despite the resurgence of … Read the rest
From retailers’ dedicated online stores and all-in-one marketplaces like Amazon, JD, or AliExpress to shopping while you scroll through your social media feed: E-commerce has come a long way since the early stages of the internet. While said marketplaces still … Read the rest
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
Amazon ranks No. 1 in the Top 1000, Digital Commerce 360’s ranking of the largest North American online retailers. Amazon is also No. 3 in Digital Commerce 360’s Global Online Marketplaces Database, which ranks the 100 largest such marketplaces by … Read the rest