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The Latest Breaking News from e-commerce

Shopify Steps Up Its Efforts to Take On Amazon, Walmart

This tech startup could be the secret sauce that Shopify needs to beat competition from e-commerce rivals.

The Street

Why Amazon Shares Are Getting Hammered

Amazon.com, Inc. (NASDAQ: AMZN) shares are trading lower by 7.63% at $2,326.37 in sympathy with e-Commerce peers Etsy Inc (NASDAQ: ETSY) and eBay Inc (NASDAQ:

Benzinga

Shopify Earnings 'Worse Than Feared' Amid Deliverr Acquisition For $2.1 Billion

Shopify plunged as first-quarter earnings and revenue missed estimates and the company announced the acquisition of fulfillment operator Deliverr.

Investors Business Daily

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De Well Files for Hong Kong IPO, Flush With New Ties to Cainiao

Key Takeaways: • Global logistics services provider De Well has filed for a Hong Kong IPO, aiming to boost its footprint on booming demand for cross-border e-commerce

Benzinga

Here's How Criteo Fared In Q1

Criteo S.A. (NASDAQ:CRTO) reported first-quarter FY22 contribution ex-TAC growth of 2% Y/Y to $216.9 million, missing the consensus of $218.4 million. Contribution ex-TAC from Marketing Solutions rose 2% in CC to $186.1 million, and Retail Media grew 48% Y/Y to $30.8 million. Revenue decreased by 6% Y/Y, or 1% at constant currency, to…

Benzinga

7 High-Quality Tips To Boost E-Commerce Sales With SEO

This article was originally published on NisonCo and appears here with permission.

Benzinga

Swiggy to use drones to replenish grocery stocks in pilot project

The company sees the pilot project as a stepping stone in unearthing possibilities for drone-assisted deliveries in the e-commerce space

The Hindu

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N-Squared seeks Series B funding

N-Squared eCommerce, a local e-commerce solutions provider, is set to raise Series B funding in the middle of this year as part of its strategy to drive international expansion and attain 10 billion baht in sales in Asean by 2024.

Bangkok Post

Amazon and Ford Have a Big Problem They Can't Control

E-commerce giant Amazon and automaker Ford both have stakes in a company that is becoming a financial headache.

The Street

Kerala yet to get fresh e-commerce platform for farmers after winding up e-krishi

Data collected for expanding e-krishi was not used properly for any productive purpose

The Hindu

Alibaba, China Stocks Rise; Government Said to Mull Easing Regulations

China’s tight regulation of its technology sector over the past year has hurt Chinese tech stocks listed in the U.S.

The Street

Amazon and Ford Have a Common Challenge

E-commerce giant Amazon and automaker Ford both have stakes in a company that is becoming a financial headache.

The Street

Mass Layoffs at 'China's Instagram': Tough Times or Primping for IPO?

Key takeaways: Xiaohongshu’s recent major layoffs could reflect a tough advertising market, even as it framed the move as normal workforce turnover Others reportedly laying off large numbers of workers include top livestream gaming platforms Huya and DouYu, whose planned merger was nixed by regulators last year

Benzinga

Here's Why Signet Jewelers Should Outperform in 2022

Signet Jewelers (SIG) posted solid fundamental performance thanks to robust growth in its e-commerce business and smooth progress in its Inspiring Brilliance strategy in its fiscal fourth quarter. In addition, the company is striving to strengthen its data analytics skills and is looking forward to bringing the connected commerce concept…

StockNews.com

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Benzinga

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.

Investors Business Daily

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..

Benzinga

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.

Bangkok Post

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.

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Investors Business Daily

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.

The Street

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.

AFP

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.

Benzinga

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'…

Bangkok Post

How Bricks Might Save Clicks

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

Benzinga

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…

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