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The Latest Breaking News from e-commerce

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 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

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.

Bangkok Post

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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.

Daily Record

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

Manchester Evening News

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,"…

Asharq Al-Awsat

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…

Evening Standard

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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.

Bangkok 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

Birmingham Post

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

Caixin Global

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.

Bangkok Post

Thailand, China launch joint training program for e-commerce talents

CHIANG MAI: Thailand and China jointly launched a training program on Monday at Thailand's Chiang Mai University to sharpen e-commerce skills among vocational school students in the Southeast Asian country.

Bangkok Post

Shopee parent posts first-ever profit

SIGNAPORE: Sea Ltd has reported its first-ever profit, a milestone in its turnaround effort as the Southeast Asian gaming and e-commerce giant seeks to convince investors of its money-making potential.

Bangkok Post

Online marketplace OnBuy ranked Europe’s fastest growing e-commerce firm

The Bournemouth-based business has reported a more than 3,000% rise in revenue since 2018

Birmingham Post

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StockNews.com

3 Chinese Stocks That Could Be Big Winners This Year

While it could be a good idea to invest in resurgent China that is prioritizing economic growth, the prospects of Alibaba (BABA) don’t seem certain enough. Hence, growing Chinese stocks Hello Group (MOMO), China Automotive Systems (CAAS), and Tarena International (TEDU) could be better bets instead. Continue reading….

Bangkok Post

Lazada ups presence with features, services

Thailand's e-marketplace landscape remains highly competitive, despite the planned closure tomorrow of JD Central -- the sector's third-largest player.

The Times of India

West Delhi man bought knife to kill wife, sons from Amazon, incident could be pre-planned: Sources

NEW DELHI: The Delhi Police has found out that a 38-year-old man, who tried to end his life after killing his wife and two sons, bought the knife used in the crime from e-commerce portal Amazon, sources said on Monday.

Fortune

Have you heard of Temu? App that lets you ‘shop like a billionaire’ is now the most downloaded in the U.S. surpassing Amazon, Target and Walmart

Coupons, 90% off sales and student discount -Temu is taking the bargain e-commerce world by storm.

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StockNews.com

2 Wholesale Stocks You Shouldn't Hesitate to Buy in 2023

The wholesale industry is poised to grow significantly this year owing to growth in e-commerce, easing supply chain disruptions, and improved economic growth outlook. Hence, it could be wise to add fundamentally stable wholesale stocks Kroger (KR) and BJ's Wholesale Club (BJ) to your portfolio this year. Keep reading….

StockNews.com

Up More Than 40% This Year, Is Shopify Stock a Buy?

Canadian e-commerce major Shopify’s (SHOP) shares have gained more than 40% this year on the news of hiking prices for its plans. With inflation remaining high and the Fed open to raising interest rates beyond its predicted range, is the stock a buy now? Read on to learn our view….

Los Angeles Times

First came fast-fashion giant Shein. Now other Chinese brands are gunning for the same success

For nearly two decades, Bowen Tsui's family business in China has made garments to order for foreign clients to sell overseas under their own labels. Now, he believes the company's survival depends on whether it can design, brand and distribute clothing by itself.

Bangkok Post

Krungsri Finnovate unveils B1bn fund for tech startups

Krungsri Finnovate, a corporate venture capital arm under Bank of Ayudhya, has joined forces with Pawoot Pongvitayapanu, founder of e-commerce solution provider Tarad.com, to set up a 1-billion-baht trust fund to invest in early-stage startups.

StockNews.com

The 4 Best Grocery Store and Supermarket Stocks to Buy Now

Growth prospects of the grocery industry are anticipated to be bolstered by improved consumer sentiments and surging e-commerce adoption. Given this backdrop, quality grocery store and supermarket stocks Walmart (WMT), Albertsons Companies (ACI), Casey’s General Stores (CASY), and Sprouts Farmers Market (SFM) might be solid buys now. Read on….

Bangkok Post

JD Central to end Thai operations on March 3

E-marketplace JD Central announced it will end its operations in Thailand on March 3, bringing down the curtain on its six years of operating an e-commerce business in the country.

Birmingham Post

Big interview: OnBuy’s CEO on the online marketplace's rapid rise

BusinessLive spoke the Bournemouth-based firm's founder Cas Paton on its fast growth in a short space of time and its plans for 2023

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