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The Latest Breaking News from e-commerce

Walmart bets on warehouse robots, dangles profit potential

Walmart Inc. is betting on greater supply-chain automation and hinting that a recent investment binge might lift profit beyond the retailer’s stated long-term goals.

Tribune News Service

Stocks Higher, Walmart Job Cuts, Credit Suisse Apology, Virgin Orbit Bankruptcy, Donald Trump Arraignment - Five Things To Know

Stock futures edge higher as recession worries clip treasury yields; Walmart planning 2,000 e-commerce job cuts as demand wanes; Credit Suisse chairman 'truly sorry' for bank collapse as shareholders vent ire; Virgin orbit files for bankruptcy after January launch failure and Former President Donald Trump faces historic arraignment in Manhattan…

The Street

Weekly Must-Read: Alibaba Splits Into Six Business Units in Biggest Overhaul

The $220 billion e-commerce colossus will become a holding company and grant management and financing independence to the new enterprises

Caixin Global

From analysis to the latest developments in health,
read the most diverse news in one place.

China's JD to spin-off two units, list in Hong Kong

Beijing (AFP) - E-commerce giant JD.com will spin off its industrial and property units and take both of them public, the company said, in the latest reorganisation of a major Chinese tech firm.

AFP

3 Of the Strongest Stocks in A Booming Industry

The Fed’s consecutive rate hikes to control inflation raises the odds of a recession. Despite various macroeconomic headwinds, the Grocery/Big-box Retailers industry has been booming due to the inelastic demand for its products. Given the industry’s defensive nature, it could be wise to invest in top big-box retailer stocks Walmart…

StockNews.com

Hypotenuse.AI review

Hypotenuse is a powerful AI writing tool that is geared toward e-commerce and social media content creation.

TechRadar

China e-commerce giant Alibaba outlines future strategy

The CEO of Chinese e-commerce and financial giant Alibaba says the company is moving toward giving up control of some of its business units in a transition toward becoming a capital operator to unlock the value of its sprawling businesses

The Independent UK

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Forum calls for upgrades to cross-border payment systems

Thailand's cross-border e-commerce still has great potential for growth, but improvements in payment systems and one-stop services need to be accelerated.

Bangkok Post

3 Stocks Better Than Amazon

E-commerce giant Amazon (AMZN) lost more than 40% over the past year. The company reported disappointing financials for fiscal 2022 and is expected to remain under pressure this year due to economic headwinds. Therefore, fundamentally strong internet stocks Expedia Group (EXPE), Yelp (YELP), and Data Storage (DTST) might be better…

StockNews.com

Alibaba's overhaul: a 'smart' move after China crackdown

Beijing (AFP) - Alibaba, China's biggest e-commerce company, has announced plans to split its business into six groups, in one of the most significant overhauls of a leading Chinese tech firm to date.

AFP

Alibaba Stock Soars As Company Launches Massive Reorganization, Splits Into Six Units

In a groundbreaking move, Alibaba will split into six different companies that will operate independently and are free to raise funds.

Investors Business Daily

Dow Jones Reverses After Key Economic Data; Warren Buffett Stock Jumps On Upgrade

The Dow Jones reversed higher Tuesday amid key economic data. Warren Buffett stock Occidental Petroleum jumped on an analyst upgrade.

Investors Business Daily

Alibaba to Split in 6 and Seek Possible IPOs; Stock Surges

'At 24 years of age, Alibaba is welcoming a new opportunity for growth,' Daniel Zhang, CEO of the e-commerce giant, says.

The Street

Alibaba to split into six units

Alibaba Group Holding Ltd has announced plans to split its $220-billion business into six main units encompassing e-commerce, media and the cloud, each of which will explore fundraising or an initial public offering (IPO) when the time is right.

Bangkok Post

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Bangkok Post

Lazada chief sets out growth plans for Thailand

We want to be "customer obsessed" rather than "competition obsessed", according to the priority outlined by Lazada Thailand chief executive Werapong Goo.

Daily Record

Android users warned over 'dangerous' app and urged to delete it immediately

Google has issued a warning about the Chinese e-commerce app Pinduoduo as it's no longer available to download from the Play Store.

Manchester Evening News

Google urges anyone with an Android phone to immediately uninstall app

Chinese e-commerce app Pinduoduo is no longer available via the Google Play Store

Asharq Al-Awsat

Google Suspends China's Pinduoduo App Due to Malware Issues

Alphabet Inc's Google suspended the Play version of PDD Holdings Inc's Pinduoduo app after malware issues were found on the Chinese platform, a Google spokesperson said on Tuesday. "The Off-Play versions of the e-commerce app that have been found to contain malware have been enforced on via Google Play Protect,"…

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Evening Standard

Amazon lays off another 9,000 employees to cut costs

Amazon is to let go of another 9,000 employees worldwide as the e-commerce giant ramps up its cost-cutting measures. #The announcement was made to employees of the firm in a note by CEO Andy Jassy, who said workers in the Amazon Web Services, human resources, advertising and Twitch units would…

Bangkok Post

Sector enters the next phase

Thailand's e-commerce landscape is entering the next stage where major e-marketplace players are introducing innovative features to woo customers instead of focusing on price wars, while social commerce is strengthening in a bid to capture buyers.

The Street

Four Reasons Why Self-Driving Cars, Not Drones, Will Deliver Your Packages

Since Jeff Bezos' remarks 10 years ago, regulatory challenges and retail ingenuity have sapped the urgency of drone technology.

Birmingham Post

Entrepreneur is riding high with e-commerce start up Equestrian Rose

Laura Rose is also creating her own collection of riding wear called Equestrian Rose Ltd Apparel

Caixin Global

Weekly Must-Read: TikTok’s Chinese Twin Is Taking On Alibaba and Meituan for E-Commerce Market Share

Like ByteDance’s TikTok, the Douyin video sharing app deploys live-streaming in the competition for consumers in the online marketplace

Investors Business Daily

China's JD.com Beats Quarterly Sales, Earnings Targets Despite Covid Restraints

China e-commerce giant JD.com on Thursday beat expectations for sales and earnings in the fourth quarter. JD stock fell.

Bangkok Post

Carsome shifts into used EV market

Carsome Thailand, a used car e-commerce platform service provider, aims to be a leader in the sale of used electric vehicles (EVs) by 2025, with Thailand set to be a pilot country for this EV market.

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People

Pawoot Pongvitayapanu

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