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The Latest Breaking News from e-commerce

Jeff Bezos Net Worth 2024: Amazon Founder's $172.3B Wealth Set To Soar Atop Blue Origin Rockets

Jeff Bezos is the third-richest man in the world today, behind Elon Musk and Bernard Arnault. Here's a look at his net worth and where it could be in 2024.

International Business Times

Why the CEO of the 12th largest U.S. retailer is a proponent of self-checkout despite uptick in theft

Ahold Delhaize unloaded FreshDirect after less than three years as it became clear how tough e-commerce is for grocers.

Fortune

Etsy Announces Workforce Reduction of 225 Employees, CEO Cites 'Unfortunate' Timing

Etsy, alongside Mattel and Hasbro, are experiencing decreased sales even during the Christmas season due to inflation.

International Business Times UK

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Online retailer Temu sues rival Shein, alleging ‘mafia-style intimidation’

Chinese-owned e-commerce firm reignites acrimonious legal battle and alleges Shein ‘bullied and intimidated’ suppliers

The Guardian - US

Amazon won't have to pay hundreds of millions in back taxes after winning EU case

Amazon won’t have to pay about $273 million in back taxes after European Union judges ruled in favor of the U.S. e-commerce giant

The Independent UK

Etsy Trims Workforce, Shares Plunge in E-commerce Storm

Dive down the rabbit hole as Etsy shares plunge! The artisanal e-commerce giant sculpts their workforce, creating ripples in the financial seas.

Top News

The BIG B2B Catalogue: four ways e-commerce tech elevates brands

THE ARTICLES ON THESE PAGES ARE PRODUCED BY BUSINESS REPORTER, WHICH TAKES SOLE RESPONSIBILITY FOR THE CONTENTS

The Independent UK

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JD.com's billionaire founder tells employees not to 'lie flat' as Temu-owner PDD catches up to him and Alibaba founder Jack Ma

"We need to change, or there’s no way out for our company," JDD founder Richard Liu wrote in a post on the company's internal forum.

Fortune

TikTok is spending $1.5 billion on a joint venture to solve the problem of Indonesia's surprise social media shopping ban

In September, Jakarta banned social media platforms like TikTok and Facebook from offering e-commerce services on their social media platforms.

Fortune

TikTok Announces $1.5 Bn Deal To Restart Indonesia Online Shop

TikTok on Monday announced a $1.5 billion investment in GoTo in a deal that would allow the Chinese-owned short video app to restart its online shop in Indonesia.

International Business Times

TikTok Announces $1.5 Bn Deal To Restart Indonesia Online Shopping Business

Chinese-owned short video app TikTok on Monday announced a $1.5 billion investment in GoTo group in a deal that would allow it to restart its online shop in Indonesia, the companies said in a statement.

International Business Times

Amazon asks federal judge to dismiss the FTC's antitrust lawsuit against the company

Attorneys for Amazon have asked a federal judge to dismiss the Federal Trade Commission’s antitrust lawsuit against the e-commerce giant

The Independent UK

Are These 4 Software Stocks a Buy or Hold Opportunity for December?

The software industry thrives, propelled by e-commerce, AI, IoT, and the evolution of remote work. However, amid this buoyant growth narrative, the software sector is not without its challenges. So, let's take a closer look at software stocks Constellation (CNSWF), SS&C Technologies (SSNC), HubSpot (HUBS), and C3.ai (AI) to determine…

StockNews.com

Up 87% YTD, Is It Too Late to Buy MercadoLibre Stock?

E-commerce and fintech company Mercadolibre has had quite a year, yet has more room to grow with the expanding e-commerce market. With its stock down from its high, it could be a good buying opportunity for long-term investors.

Barchart

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Evening Standard

Gamified shopping and £1 deals: the unstoppable rise of 'Chinese Amazon' Temu

The Shanghai-based e-commerce platform racked up 15.2 million monthly active UK users in October and its founder is the 25th richest man in the world. But can it really kill off Amazon for good? Simon Hunt reports

International Business Times

Top 5 Best Shopify Alternatives, Competitors, And Pricing In 2024

Are you looking for the best Shopify alternatives? Discover the top 5 Shopify competitors in 2024, along with their pricing, pros, and cons.

International Business Times

Top 8 Best Leadpages Alternatives, Competitors And Pricing For 2024

In this article, we have created a comprehensive list of the top 8 Leadpages alternatives, competitors and their pricing for 2024.

Zenger

Cyber Monday Sales Expected To Reach $12.4 Billion As Consumers Shift To Online Shopping

Retailers and e-commerce companies set to benefit from increased online spending, with Amazon, Walmart, and Affirm among potential winners.

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Kiplinger

Stock Market Today: Stocks Struggle for Direction After Mixed Fed Messages

E-commerce platform PDD Holdings jumped after earnings, while rival Shein reportedly filed confidential IPO paperwork.

Kiplinger

Stock Market Today: Stocks Close Lower on Cyber Monday

The main indexes were choppy to start the week, though several e-commerce stocks jumped on encouraging online holiday shopping numbers.

StockNews.com

Should Amazon.com (AMZN) and Dingdong (DDL) Secure a Spot in Your Portfolio?

The internet industry will likely thrive with robust demand amid rapid digitalization. Therefore, fundamentally sound internet stocks, Amazon.com (AMZN) and Dingdong (Cayman) (DDL), could be ideal portfolio additions now. Continue reading.

The Hindu

North Chennai sees surge in real estate development

North Chennai is witnessing a surge in real estate development due to expansion of Chennai Metro, ongoing infrastructure projects, availability of affordable land, presence of e-commerce segment and Grade A developments. Prices range from ₹5,000 to ₹15,000 per sq ft. Challenges include water shortages, inadequate drainage and lack of recreational…

France 24

Shopping then and now: What's in store for the retail industry?

With Black Friday sales kicking off on November 24, we take a closer look at the retail sector, from the rise of live-streaming e-commerce to the environmental toll of consumerism and the "Green Friday" movements that are trying to change our consumption habits.

Chicago Sun-Times

Black Friday is almost here. What to know about the holiday sales event’s history and evolution

The term “Black Friday” is several generations old, but it wasn’t always associated with the holiday retail frenzy that we know today.

The Independent UK

Black Friday is almost here. What to know about the holiday sales event's history and evolution

If you didn’t already guess it from a barrage of sales ads in your inbox, the holiday shopping season is upon us

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