Stories tagged “E Commerce.”
30 stories
Alibaba Group Holding has agreed to sell its wholly owned gaming business, Lingxi Games, to Trustar Capital, as the tech giant pivots to prioritize e-commerce and artificial intelligence.
Global-E COO Tamari Shahar sold 24,999 shares for $1.0 million, but this minor transaction shouldn't worry investors. Shahar remains heavily capitalized in the company, and Global-E's operations continue to improve.
eBay saw a significant increase in gross merchandise volume (GMV) for its live shopping platform, eBay Live, with a jump of about eight times year-over-year across seven markets. The company plans to expand eBay Live to more international markets in the coming weeks and m…
Klaviyo, a publicly traded e-commerce marketing automation platform, has acquired Agency, a three-year-old AI-powered customer success startup founded by Elias Torres. Torres will join Klaviyo as chief product officer, leading Agency’s 25-person team to accelerate the dev…
Ukrainian Drone Attacks Push Russia's Largest Online Retailer Abroad
Russia's largest online retailer, Ozon, has been forced to relocate its operations abroad due to Ukrainian drone attacks. The attacks have disrupted supply chains and made it difficult for the company to operate in Russia.
Russia's online retailer Wildberries says warehouse on fire after Ukrainian drone attack
Russia's online retailer Wildberries says a Ukrainian drone attack on one of its warehouses in the Vladimir region has caused a fire to break out and that staff have been evacuated.
Ukrainian drone strikes killed at least two people in Russian regions along the Volga River and targeted a warehouse belonging to Wildberries, Russia’s largest online retailer, as Kyiv escalates attacks on economic targets.
Marks & Spencer is now selling Ann Summers crotchless knickers online, sparking outrage but also being seen as a strategic move to attract younger demographics and expand its brand offerings.
Meesho's Q1 FY27 earnings call revealed five strategic takeaways, including AI-led seller onboarding, logistics, Meesho Mall, Content Commerce, and its recent acquisition of Kirana Club.
Jumia remains fundamentally unprofitable, with persistent cash burn and shrinking liquidity despite a decade of operations in African markets.
IndiaMART will invest ₹65 Cr in Fleetx by subscribing to 4,630 CCPS, increasing its stake in the fleet management startup to 25.8%. The investment reinforces IndiaMART's strategy of expanding its SaaS portfolio beyond its core B2B marketplace through investments in enterp…
Shopee Seller Incentive Conference to Be Held in 2026, Register for Live Stream Now!
Shopee is set to hold its 2026 Seller Incentive Conference on August 6, with registration for the live stream now open. The conference aims to motivate and reward Shopee sellers, with a focus on the platform's growth and development in the region.
Meta has launched a new app called Seller, which uses AI to make it easier for people to sell on Facebook Marketplace. The app provides dedicated tools, such as AI-powered listing creation, a unified inbox, inventory management, and performance insights, all in one place.
The Easiest Way to Sell on Facebook Marketplace
Seller by Facebook is a dedicated app for Facebook Marketplace sellers to manage listings, connect with buyers, and grow their selling business.
The Karnataka government has moved the Supreme Court, challenging the quashing of criminal proceedings against Snapdeal and its co-founders, Kunal Bahl and Rohit Kumar Bansal, over the alleged sale of erectile dysfunction pills on its platform without a valid licence or a…
RouteCost is a new multi-stage AI framework designed to accurately estimate pre-order shipping costs in e-commerce by accounting for complex factors beyond simple distance. It decomposes the problem into demand forecasting, baseline pricing, residual correction, and box-c…
Alibaba Group Holding's AliExpress platform has vowed to fight a €550 million (US$629 million) fine from the European Union for violating the bloc's Digital Services Act. The e-commerce firm described the fine as 'disproportionate' and said it did not reflect 'significant…
AliExpress has been hit with a €550 million fine for violating Europe's Digital Services Act rules by failing to prevent illegal, unsafe, or counterfeit products from being sold on the e-commerce platform.
Investors are weighing whether Chewy (CHWY) or Walmart (WMT) offers the best balance of growth and stability as the digital and physical shopping worlds continue to converge in 2026.
Reliance Retail's EBITDA margin declined 80 basis points to 7.9% in Q1 FY27 due to infrastructure investments in hyperlocal commerce businesses. Revenue from operations jumped 8.2% to ₹79,745 Cr in the quarter under review.
Ocado CEO Tim Steiner, set to step down in 2028, has denied being a "puppet master" amid reports of a boardroom succession dispute. The company's shares fell sharply following a significant drop in pre-tax profits.
Whatnot, a livestream shopping app, has acquired Shaped, a machine learning company that specializes in real-time recommendation and search systems. The deal aims to strengthen Whatnot's discovery and personalization capabilities.
Iranian and Turkish officials have emphasized the need to boost cooperation in postal and e-commerce services, aiming to facilitate a bilateral agreement in these digital economy sectors.
FedEx Corp. is a leading international provider of package delivery, e-commerce, and related services operating under. The company has approximately 500 locations worldwide.
Walmart has quietly become one of the market's strongest large-cap performers, but its stock has cooled lately. The company's high-margin businesses, such as advertising and membership fees, are growing fast, but the market is valuing it like a durable and fast-growing co…
Shein, a Chinese retailer, has received approval from the China Securities Regulatory Commission to proceed with its Hong Kong IPO. The company plans to issue up to 341.6 million shares, representing up to 8% of its shares, on the Hong Kong Stock Exchange.
SHEIN Hong Kong IPO Gets Approved, Target Valuation of Approximately $40 Billion / Kuaishou Secures Near $3 Billion in Financing, Valuation of $18 Billion
SHEIN, a Chinese cross-border e-commerce company, has received approval from Chinese regulators to list on the Hong Kong Stock Exchange. The company's internal valuation for the IPO is approximately $40 billion. Kuaishou, a Chinese short video-sharing app, has secured nea…
China Company Globalization Weekly: AliExpress's 618 Overseas Brand Surge, Zhipingfang's $700M Funding & $2.8B Valuation
This weekly report highlights Chinese companies' accelerating global expansion, featuring AliExpress's strong 618 overseas brand sales, Zhipingfang's substantial $700 million funding, and various market entries across sectors from robotics to automotive.
A prominent Chinese influencer, Crazy Older Brother Yang, and his network are now selling expensive live-streaming courses after a 2024 suspension and fine for false advertising of mooncakes.
A new report by ReBound Returns indicates that retail returns fraud is causing significant financial losses for businesses, with an estimated £29 million lost annually in the UK and the US market alone nearing $850 billion in overall returns.