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The Latest Breaking News from e-commerce

Walmart-Owned Indian E-tailer Flipkart Looking Into Metaverse, Web3 Foray

American retail giant Walmart Inc.'s (NYSE: WMT) Indian e-commerce arm Flipkart has launched an in-house innovation unit called 'Flipkart Labs' to explore ways to expand into the Metaverse and Web3.

Benzinga

Amazon First-Quarter Results Miss, Revenue Guidance Bombs

Amazon stock plunged as the e-commerce giant reported a first-quarter loss after the market close Thursday, with guidance well below views..

Investors Business Daily

Springbig Partners With Tymber To Launch Fully Integrated Loyalty Rewards Feature

Springbig, provider of SaaS-based marketing solutions, consumer mobile app experiences, and omnichannel loyalty programs to the cannabis industry, introduced its loyalty integration platform with Tymber, e-commerce platform for digital growth.

Benzinga

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Alibaba looks to expand SE Asian arm Lazada to Europe: sources

SINGAPORE/SHANGHAI: Alibaba Group plans to expand its Southeast Asian arm, Lazada, to Europe, two sources familiar with the matter told Reuters, as the Chinese e-commerce company seeks further overseas growth amid slowing opportunities at home.

Bangkok Post

PayPal Jumps As Analysts Call Lowered 2022 Guidance A 'Clearing Event'

Analysts are debating whether the worst is over for PYPL stock in the wake of March-quarter earnings that met Wall Street targets and lowered 2022 guidance.

Investors Business Daily

Cathie Wood Watch: Ark Builds Teladoc, Sells a Fintech, Defense Firm

Ark also purchased an e-commerce company and sold more of an EV maker.

The Street

Second Amazon site in New York kicks off vote on joining union

New York (AFP) - Workers at an Amazon sorting center in New York began voting Monday on whether to join the Amazon Labor Union, which recently became the first union at the e-commerce giant in the United States.

AFP

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Sterling's E-Infrastructure Solutions Bags $278M New Awards In Q1

Sterling Construction Company, Inc's (NASDAQ:STRL) E-Infrastructure Solutions segment reported new awards of $278 million during the first quarter of 2022. Sterling's E-Infrastructure projects include large-scale site development services for e-commerce distribution centers, data centers, and warehouses. "Our E-Infrastructure Solutions segment has delivered a strong start for 2022, as is evident with the awarded…

Benzinga

Ryder Opens Third Multiclient Distribution Center In Columbus

Ryder System, Inc. (NYSE:R) opened a third multiclient omnichannel distribution center in Columbus, Ohio. The center is ~440,000 square feet and is the largest Ryder e-commerce distribution center in the Columbus area. "This latest expansion aligns with our broader strategy to get ever-closer to the end consumer to continually improve our customers'…

Benzinga

How Bricks Might Save Clicks

The future of e-commerce could be coming to a local mall near you.

Bangkok Post

Credit Suisse Lists Reason Behind Its Bullishness On Amazon Ahead Of Q1

Credit Suisse reiterated its Outperform rating on Amazon.com Inc (NASDAQ:AMZN), leaving its price target unchanged at $4,100 (38.3% upside) ahead of its Q1 FY22 results. Amazon had spent more money on e-commerce-focused CapEx in the last two years than it has in the prior decade preceding the pandemic, with greater willingness to own fulfillment/transport…

Benzinga

Committee approves draft e-commerce action plan

The government vows to move forward with its e-commerce development plan, aiming to increase domestic e-commerce revenue to more than 7.1 trillion baht by 2027, average growth of 10% annually.

Bangkok Post

Bon Natural Life Plans To Launch New Multi-Functional Health Supplements

Bon Natural Life Ltd (NASDAQ:BON) has developed new nutraceutical compounds, Glucoraphanin (GF) and Sulforaphane (SFN), extracted from cruciferous vegetables. The compounds could provide immunity support and improve certain regulatory health functions. The company plans to launch GF and SFN-based consumer products, including immune system boosters, digestive boosters, sleep aid products, and weight loss…

Benzinga

Online marketplace OnBuy ranked among Europe’s fastest-growing firms

The e-commerce business recently moved to a new head office in Bournemouth

Birmingham Post

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TechRadar

Shopify review 2024

With this all-in-one e-commerce solution, setting up and operating your online store becomes an effortless endeavor.

IT Pro

Amazon Web Services review: AWS packs in more features than any other cloud service provider

In the cloud computing space, one name stands out, well above the rest; Amazon Web Services. Often referred to simply by its initialism, AWS is the software arm of the e-commerce giant that provides the backend infrastructure for pretty much half the online service you've most likely heard of. Migrating…

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