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The Latest Breaking News from e-commerce

Amazon Faces Antitrust Lawsuit Over Monopolistic Practices

FTC and 17 state governments accuse e-commerce giant of inhibiting competition and employing anti-competitive tactics.

Zenger

Down 13% from 52-Week Highs, Is Amazon Stock a Buy Now?

Amazon stock is down more than 13% from the 52-week highs that it hit earlier this month. Why is AMZN stock dropping, and should you buy the dip?

Barchart

AutoZone (AZO) vs. Advance Auto Parts (AAP) vs. Modine Manufacturing Company (MOD): Which Is the Best Auto Stock Buy?

With robust demand for new and used vehicles, the growing trend for vehicle customization, the introduction of advanced technologies, and a significant surge in e-commerce, the auto parts industry’s outlook looks promising. Given the industry’s tailwinds, let’s find out if AutoZone (AZO), Advance Auto Parts (AAP), and Modine Manufacturing (MOD)…

StockNews.com

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TikTok says it regrets Indonesia's decision to ban e-commerce sales on social media platforms

Chinese-owned app TikTok says it regrets the Indonesian government’s decision to ban e-commerce transactions on social media platforms and particularly the impact it would have on the millions of sellers who use TikTok Shop

The Independent UK

Palo Alto Networks and 2 More Growth Stocks to Buy on the Dip

After a rough couple of months, many growth stocks are now trading at a significant discount to consensus price target estimates - creating a can't-miss opportunity for investors to buy the dip.

Barchart

Amazon sued by FTC and 17 states over allegations it inflates online prices and overcharges sellers

The Federal Trade Commission and 17 state attorney generals filed an antitrust lawsuit against Amazon on Tuesday, alleging the e-commerce behemoth uses its position in the marketplace to inflate prices on other platforms, overcharge sellers and stifle competition

The Independent UK

Internet Stocks That Leave E-Commerce Giant Shopify (SHOP) Behind

New signups and price increases of its services boosted Shopify’s (SHOP) earnings and revenue in the second quarter. However, its prospects look bleak due to the uncertain macroeconomic conditions and increased competition. Internet stocks VeriSign (VRSN), Perion Network (PERI), and Liquidity Services (LQDT) are performing better than SHOP. Let’s discuss…

StockNews.com

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What are APIs? A computer scientist explains the data sockets that make digital life possible

APIs, or application programming interfaces, are the gateways to the digital world. They link a wide array of software applications and systems. APIs facilitate communication between different software systems, and so power everything from social media – think of the share buttons on webpages – to e-commerce transactions.

The Conversation

Alibaba will spin off its logistics arm Cainiao in an IPO in Hong Kong

Chinese e-commerce company Alibaba says it will spin off its logistics arm, Cainiao Smart Logistics Network, in an initial public offering in Hong Kong

The Independent UK

Chinese E-Commerce Sellers Embrace AI For 24/7 Livestreams

Deepfake influencers and virtual try-ons drive massive growth, raising concerns for human hosts.

Zenger

‘We are at a turning point with AI’: four business trends to watch for in 2024

Amid all the excitement around chatbots and the metaverse, governments can’t lose sight of AI’s potential to impact people’s livelihoods – and must take steps to regulate the new digital space

The Guardian - UK

3 Internet Stocks That Outperform Amazon.com (AMZN)

Amid growing internet penetration backed by favorable government initiatives and rapid digitalization globally, the internet industry is well-placed for significant growth. Since e-commerce giant Amazon.com’s (AMZN) cloud unit AWS’ revenue growth continues to be on a constant decline and the stock trades at an elevated valuation, quality internet stocks eBay…

StockNews.com

4 Industrial Stocks to Keep Track of for Profits

Fueled by robust demand for recycled paper, the growth of e-commerce, and a commitment to sustainability initiatives, the future of the industrial paper industry appears bright. Hence, fundamentally strong industrial paper stocks Sylvamo (SLVM), International Paper (IP), Sappi (SPPJY), and Klabin (KLBAY) might be profitable buys. Continue reading.

StockNews.com

TikTok launches shopping feature for users in US

The company said Tuesday its shopping wing, called TikTok Shop, will include several features, such as a “Shop Tab,” a marketplace it’s been testing on the app since August.

Chicago Sun-Times

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The Independent UK

Former CEO of China's Alibaba quits cloud business in surprise move during its leadership reshuffle

The former CEO of Alibaba has resigned as head of its cloud computing business in a surprise move as the Chinese e-commerce empire wraps up a leadership reshuffle

The Hindu

Secure and fair: On e-commerce trade practices and regulation

The focus on consumers, which also recognises the need to safeguard privacy in relation to personal data on e-commerce sites, should help ensure a safer digital environment

The Conversation

Temu: China's answer to Amazon is already Australia's most popular free app. What makes it so addictive?

If you spend much time online you’ve probably seen one of Temu’s colourful ads – punctuated by its catchy tagline: “shopping like a billionaire”.

The Hindu

Christ University set up Cyber Forensic Lab

At Cyber Security Council, Commissioner B. Dayananda emphasizes need for security & regulation in e-commerce & e-governance. Cyber Forensic Lab inaugurated to safeguard virtual assets from malicious actors & threats. Summit aims to bring together experts to create awareness of digital landscape challenges. FKCCI VP advises to educate people on…

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RideApart

Norton Motorcycles Launches New E-Commerce Platform

Norton Motorcycles has launched its own e-commerce platform where buyers can make reservations for bikes and purchase apparel.

Chicago Sun-Times

Jewelry designer Hayet Rida gambles on a Bucktown boutique that defies some rules of retail

In one year, she went from e-commerce designer to store owner to a featured name at New York Fashion Week.

The Hindu

PM Modi seeks level playing field for smaller e-commerce players

Prime Minister Narendra Modi, in his opening address to the G20 Trade and Investment Ministerial summit, said it was the collective responsibility of these 20 nations to rebuild confidence in international trade and investment processes as the world economy has been tested by the COVID-19 pandemic and geo-political tensions.

InsideEVs

Yamaha Announces New E-Commerce Platform For Electric Bicycles

Yamaha Power Assist Bicycles has launched a new e-commerce platform in the US in conjunction with its 30th anniversary.

StockNews.com

Vanguard FTSE Emerging Markets ETF (VWO) and Global X Emerging Markets Internet & E-Commerce ETF (EWEB): Buy, Hold, or Sell?

Stocks broadly have been retreating in August after the best seven months of the year, with rising worries over elevated interest rates weighing on sentiment. Amid this, should you buy, hold, or sell Vanguard FTSE Emerging Markets ETF (VWO) and Global X Emerging Markets Internet & E-commerce ETF (EWEB) now?…

Fortune

Walmart keeps gaining high-end customers. And the CFO explains why

For the quarter, Walmart's total revenue grew by 5.7% to $161.6 billion, and operation income grew 6.7%.

StockNews.com

Are These 3 Food Stocks Good Long-Term Investments?

Thanks to the inelastic demand and growing e-commerce market, the food industry has showcased remarkable resilience and stability over the past year. In this piece, we look at why Nestlé S.A. (NSRGY), Ajinomoto Co. (AJINY), and Fresh Del Monte Produce (FDP) could be rewarding long-term assets for your portfolio. Read…

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