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The Latest Breaking News from e-commerce

The Role of E-Commerce and Smaller Baskets in Modern Grocery Shopping

Online grocery ordering platforms transformed how busy families acquire weekly household food supplies. Digital shopping carts offer incredible convenience by eliminating physical store navigation and checkout lines. However, industry data reveals that online grocery orders feature noticeably smaller basket sizes. Understanding this digital shift explains why physical supermarket volume sales…

Grocery Coupon Guide

Amazon's 'Wild Caught' and 'Sustainable' Seafood Labels Are Just Greenwashing, New Lawsuit Claims

Amazon.com, Inc. (NASDAQ:AMZN) is facing a proposed class-action lawsuit accusing the e-commerce and grocery giant of misleading consumers by marketing seafood products with environmental claims that allegedly overstated their sustainability.

Benzinga

Amazon, Flipkart slash fees as battle for smaller cities intensifies

E-commerce giants Amazon and Flipkart are cutting seller fees to expand into smaller Indian cities. This strategy aims to attract more sellers and offer affordable products to consumers. Lower commissions reduce operating costs for merchants, enabling competitive pricing for buyers. Online shopping is rapidly growing in tier two and smaller…

The Economic Times

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AMZN Stock Soars 12% in Pre-Market Trading After Blowout Q2 Results as Analyst Says Amazon Is Already 'Monetizing' Its AI Investments

Amazon.com, Inc. (NASDAQ:AMZN) shares surged over 12% in Friday’s pre-market trading after the e-commerce and cloud-computing giant reported stronger-than-expected second-quarter results.

Benzinga

Amazon Posts Double Beat In Q2, Fastest AWS Growth In 18 Quarters

Amazon.com Inc (NASDAQ:AMZN) posted financial results for the second quarter on Thursday after the closing bell. Here’s a rundown of the e-commerce giant’s report.

Benzinga

US stocks: Amazon beats estimates for quarterly cloud revenue growth

Amazon Web Services cloud revenue surged significantly, surpassing market forecasts. This strong performance was fueled by increased enterprise artificial intelligence spending. Rivals Microsoft and Alphabet's Google also reported solid cloud revenue growth. Amazon's e-commerce business saw increased activity during its Prime Day event. The company's investments in AI infrastructure are…

The Economic Times

Inside Ikea's big bet on humans in the age of AI

After rolling out a customer service bot, the Swedish retailer is remaking—not replacing—its workforce.

Fortune

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UPI now accepted for online Burj Khalifa bookings before Indians arrive in Dubai; first for UAE attraction

Indian travellers can now book Burj Khalifa tickets online using UPI. This integration makes the Dubai attraction the first in the UAE to accept UPI for e-commerce. The move expands UPI's reach beyond in-store payments to online travel bookings. It allows Indian visitors to complete purchases before their travel to…

The Economic Times

Flipkart ordered to pay Rs 38,000 after buyer finds mobile phone warranty started eight months before delivery

A Kerala consumer commission has ordered Flipkart to pay Rs 38,990 to a Kannur woman after finding that the Xiaomi phone delivered to her in March 2023 carried a warranty start date of July 2022, eight months before she received it. The commission ruled Flipkart had sold a previously used,…

The Economic Times

AI race redraws Asian air cargo, replacing ecommerce as growth engine

Global air cargo networks are shifting towards AI chip manufacturing hubs. Cross-border ecommerce shipments are declining due to new import rules. Korean Air reports AI cargo now drives its main growth engine. Airlines are adapting to handle delicate and high-value AI hardware. Strong cargo demand is expected to continue through…

The Economic Times

This Analyst Thinks Shopify Stock Is a Screaming Buy. Here’s Why He May Be Right.

Stifel has upgraded Shopify on agentic commerce.

Barchart

Swiggy Instamart ropes in ex-Myntra boss Nandita Sinha as q-comm battle heats up

Myntra's former CEO Nandita Sinha will lead Swiggy's Instamart quick commerce business from August 3. She replaces Amitesh Kumar Jha, who resigned on July 28 for other opportunities. Sinha previously led fashion e-commerce platform Myntra since 2022. This leadership change occurs as the quick commerce sector faces intense competition. Rivals…

The Economic Times

Instant Payments Are Rewiring How Europeans Spend Online

How instant payments are rewiring online spending in Europe. Discover trends in e-commerce, digital payments, security standards, and consumer behavior.

inkl

South Korean shares turn lower as chipmakers fall ahead of earnings

South Korean shares turned lower on Monday as chipmakers fell. Samsung Electronics and SK Hynix declined ahead of their earnings reports. New AI initiatives were announced involving major South Korean and US tech firms. E-commerce firm Naver jumped significantly on an investment partnership with Nvidia. Foreign investors were net sellers…

The Economic Times

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The Economic Times

Mumbai man orders iPhone 14 but allegedly receives beard growth oil instead; Flipkart and third-party seller ordered to refund Rs 2.14 lakh

A district consumer commission ordered Flipkart and a seller to refund over two lakh rupees. The Powai resident ordered an iPhone but received beard growth oil and packing material. The commission found deficiency in service and unfair trade practices by the e-commerce platform. Flipkart and the seller failed to resolve…

The Economic Times

Offline Zinda Hai: Why retailers are betting big on outlets

India's largest retailers are opening thousands of new physical stores across the nation. This expansion targets emerging consumer markets beyond the major metropolitan areas. While e-commerce grows, physical stores remain crucial for reaching new customers. These outlets also serve as hubs for online order fulfillment and customer experiences. Retailers are…

France 24

Kyiv, Moscow trade long-range air strikes, killing more than a dozen

At least 21 people were killed across Russia and Ukraine as the two nations traded air strikes on Friday, authorities from both countries said. The attacks included a Russian missile strike at a gathering of Ukraine's defence industry near Kyiv.

Bangkok Post

Online retailers ordered to reveal fee structures

The Digital Platform Oversight Subcommittee of the Trade Competition Commission of Thailand (TCCT) plans to ask e-commerce platforms such as Shopee, Lazada and TikTok to clarify their fee structures.

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The Economic Times

Govt opens inventory-based e-commerce to foreign direct investment for exports only

The government has permitted foreign direct investment in an inventory-based e-commerce model. This new policy exclusively applies to the export of Indian manufactured goods. It aims to boost India's outbound shipments and global market access for sellers. The Department for Promotion of Industry and Internal Trade announced this policy review.…

The Guardian - AU

Ukraine war briefing: War on Wildberries burns two more warehouses

E-commerce group in Russia calls for tax relief while Ukraine maintains its targets serve as suppliers to Moscow’s military. What we know on day 1,611

Euronews

Drones hit Wildberries warehouses in Russia for second week running

Fires broke out at Wildberries warehouse sites in Krasnodar and Stavropol after overnight drone attacks, injuring 15 people and forcing both facilities to suspend operations.

The Economic Times

South Korea says Coupang dispute not holding up US trade and security agenda

A top South Korean official stated the Coupang data leak dispute is not delaying discussions with Washington. This incident involved over thirty-three million records, contradicting the company's initial claims. Bilateral issues were reviewed comprehensively, not solely focusing on the e-commerce firm's case. Investment and trade consultations continue, with no delays…

Barchart

Michael Burry Is Betting Big on Hong Kong Stocks. Why He Likes JD.com Shares Here.

Michael Burry is turning bullish on Hong Kong stocks and piling into JD.com’s shares.

Tom’s Guide

Ukraine built a military marketplace that's become 'Amazon for drones' — here's why the USA wants its own version of Brave1

Ukraine's innovative Brave1 marketplace functions as a gamified e-commerce platform helping the country fight its ongoing war with Russia.

The Economic Times

How a dispute over ecommerce firm Coupang is testing US-South Korea ties

South Korea's decision to fine e-commerce firm Coupang over a data leak has drawn criticism from Washington and raised questions about the country's openness to American tech, raising worries the matter is impacting Seoul's relations with the U.S.

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