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The Latest Breaking News from e-commerce

All of a Sudden, This Popular Retailer's 530 Stores Are Causing a Major Headache

The home goods retailer is now betting its future on this business.

The Street

Meituan Muscles In on Livestreaming E-Commerce With Inaugural Event

Some $12.5 million in coupons were sold during a marketing extravaganza that included an 11-hour livestream shopping show, featuring brands such as Luckin Coffee and budget boba tea chain Mixue Bingcheng

Caixin Global

A Shareholder Revolt at Amazon Reveals Potential Changes Ahead

This intriguing nugget in the company's annual proxy statement points to ongoing controversy over pay for executives, including CEO Andy Jassy.

The Street

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The Storage Place creates 40 new jobs as investment sparks expansion

The Gateshead warehouse operator is launching in County Durham after a six-figure funding deal

Birmingham Post

Great shortfall of China: Australia's biggest tourism market returns with a whimper

(Refiles to add full name, company details in par 16)

Reuters

Consumers warned to protect themselves while using e-commerce apps

E-commerce apps can be convenient but may also threaten user security and privacy. Here are some tips to help users stay safe.

The New Daily

‘Era Has Passed’ as Beijing Subway Drops Mandatory COVID Mask Rule

Beijing's subway has dropped mandatory mask requirements for travellers, local media reported on Sunday, days after a Chinese health expert said the threat of COVID-19 to humans is no longer at a serious level. The mask move is in line with broader measures by China, which said last week it…

Asharq Al-Awsat

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Amazon Faces a Mind-boggling Dilemma (Why That’s Bad For You)

The e-commerce giant is walking a fine line between appeasing customers and actually making money.

The Street

Amazon, state agency launch scheme

Amazon Global Selling and the Department of International Trade Promotion (DITP) plan to elevate their collaboration to further promote Thai brands through global e-commerce, aiming to push the sector's value to 664 billion baht by 2027.

Bangkok Post

Shopify Stock Upgraded, Claws Above 50-Day Moving Average

Shopify is the IBD Stock of the Day as the e-commerce firm pops above its 50-day moving average following an analyst upgrade.

Investors Business Daily

As the west tries to limit TikTok’s reach, what about China’s other apps?

With government concerns over national security growing, Beijing’s influence over platforms such as WeChat and Shein could come under scrutiny

The Guardian - UK

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

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AFP

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.

StockNews.com

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…

TechRadar

Hypotenuse.AI review

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

The Independent UK

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

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Bangkok Post

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.

StockNews.com

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…

AFP

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.

Investors Business Daily

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.

The Street

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.

Bangkok Post

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.

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