Wednesday 19 June
After divorce, Jeff Bezos’ new battle is with South America
Will the real "Amazon" please step...
Nike shares fall on slower North American sales growth
Nike shares fell on lower sales growth in North America Thursday as the company returned to third-quarter profitability while touting new investments in e-commerce and women's...
BuzzFeed to cut 15% of its workers: reports
BuzzFeed, one of the highest profile entertainment and news sites on the internet, plans to cut 15 percent of its workforce, US media reports said...
India’s richest man to battle Amazon, Walmart in e-commerce
Asia's richest man Mukesh Ambani announced details of a new online shopping platform Friday that will see his oil-to-telecoms conglomerate take on Amazon and Walmart in India's burgeoning e-commerce...
Amazon, Walmart face hit from new India e-commerce rules
Traditional traders and local players rejoiced Thursday at new e-commerce rules imposed by the Indian government on global giants such as Amazon and Walmart which analysts said could force them to rethink their Indian...
Ikea plans 7,500 job cuts in e-commerce push
Swedish furniture giant Ikea said Wednesday it plans to cut 7,500 jobs worldwide by 2020, mainly office jobs, as it reorganises to focus its business on e-commerce and smaller shops in city...
Amazon rules but Walmart is fast catching up in e-commerce
Amazon is extending its dominance in US e-commerce, but Walmart is seeing strong gains and is poised to become the number three online retailer, a market tracker said...
Alibaba chairman Jack Ma to step down in 2019: company
Alibaba co-founder and chairman Jack Ma will step down as head of the e-commerce giant on September 10, 2019, the company said on...
Alibaba revenue jumps 61% but one-time expense hits profit
Chinese retail giant Alibaba said on Thursday that its revenue jumped 61 percent in the latest quarter as its core e-commerce segment chugged along, but profit for the period was dragged down by a one-off...
Walmart shares dive as e-commerce growth slows
Investors pummeled Walmart shares Tuesday after the retail behemoth reported disappointing fourth-quarter earnings in results that revealed growing pains in its e-commerce...
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