e-commerce

Social media platform Twitter Inc (NYSE: TWTR) reported a new partnership Wednesday that could help its massive user base better monetize itself.  What Happened: Twitter announced a partnership with Shopify Inc (NYSE: SHOP) that will help with “turning conversations into commerce....

Amazon.com, Inc (NASDAQ: AMZN) has reportedly lost two key Black executives, including one on its core team. What Happened: Alicia Boler-Davis, senior vice president of global customer fulfillment and David Bozeman, vice president of Amazon Transportation Services are leaving the retail giant,...

Alibaba Group Holdings Ltd. (NYSE: BABA)'s India unit filed "false or fabricated" documents, a probe into the affairs by the Indian regulator has found, according to the sources of the Economic Times. Alibaba Cloud (India) LLP is currently being investigated by the Indian...

Beijing-headquartered e-commerce giant JD.com Inc (NASDAQ: JD) is mulling a possible foray into the food delivery business, posing an intense competition for its Chinese peers Meituan (OTC: MPNGF) and Alibaba Group Holding Ltd (NYSE: BABA). What Happened: JD Retail CEO Xin Lijun, in an...

FedEx Corporation (NYSE: FDX) was flying more than 15% higher on Tuesday after the company announced it will raise its quarterly dividend from 75 cents per share to $1.15 per share. The transportation, e-commerce and supplies company headquartered in Memphis, Tennessee, also said it would...

Chinese tech conglomerate Tencent Holdings Ltd. (OTC: TCEHY) has bought a $264 million stake in Walmart Inc (NYSE: WMT)-owned Indian e-commerce firm Flipkart, Press Trust of India reported. The outlet citing official documents said the company bought shares from Indian internet entrepreneur...

In a blow to U.S. e-commerce giant Amazon Inc (NASDAQ: AMZN), the National Company Law Appellate Tribunal (NCLAT) of India upheld the competition watchdog's order suspending approval of the investment deal between Amazon and a Future Group firm dating back to 2019. The tribunal has also ordered...

Amazon.com, Inc. (NASDAQ: AMZN) is off to a rocky start to 2022, down 35.5% year-to-date. However, Bank of America analyst Justin Post said this week that Amazon is well-positioned for a big year in 2023. The Amazon Analyst: On Monday, Post reiterated his Buy rating and $188 price target for Amazon...

Amazon.com, Inc (NASDAQ: AMZN) founder Jeff Bezos was the CEO of the e-commerce giant for 27 years. The company was launched from Bezos’ garage in Bellevue, Washington on July 5, 1994, as an online book store.  Bezos assumed the position of Amazon’s executive chairman after hanging...

Amazon.com, Inc’s (NASDAQ: AMZN) consumer chief Dave Clark is all set to become the CEO of Flexport, a technology platform for global logistics. What Happened: Flexport said Clark will assume his new role on Sept. 1 and will serve as co-CEO for a period of six...

Alibaba Group Holdings, Inc (NYSE: BABA) was soaring over 11% higher on Wednesday, defying the S&P 500, which was trading about 1% lower. The rally comes on investor hopes the Chinese government will continue to ease pressure on its tech companies increased after its National Press and...

Amazon.com, Inc (NASDAQ: AMZN) is urging its third-party sellers to oppose an antitrust bill, which it says could “jeopardize” the company’s ability to operate its service. What Happened: Dharmesh Mehta, Amazon’s vice president of worldwide selling partner services, wrote a...

Amazon.com, Inc (NASDAQ: AMZN) 20-for-1 stock split that took effect Monday could potentially draw retail investors to the shares of the e-commerce giant. What Happened: The split does not change the fundamentals of Amazon but the cheaper stocks can prove to be attractive for investors. “The...

In a bid to break Amazon Inc (NASDAQ: AMZN) and Walmart Inc's (NYSE: WMT) duopoly in the country's e-commerce sector, India is lining up banks and other key players to set up its own "buyer platforms." What Happened: According to Reuters sources, the country's...

India’s apex court has directed government authorities not to threaten or take action against a chartered accountant, who allegedly assisted Alibaba Group Holdings (NYSE: BABA) Indian cloud unit in business incorporation. What Happened: The Supreme Court of India directed the...