The Latest Breaking News from e-commerce

MUMBAI: A 41-year-old lawyer who had ordered a home appliance on an e-commerce portal was duped of Rs 1.57 lakh by a cyberfraudster posing as a deliveryman from the e-commerce company. Malwani police have registered an FIR under the IPC and Information Technology Act and are looking for the fraudster.

MUMBAI: A 25-year-old e-commerce delivery boy was killed in a hit-and-run on Malad Link Road when a speeding dumper rammed into his motorcycle recently.

E-commerce giant Amazon (AMZN) reported stable top-line growth in the latest earnings release and registered solid gains over the past month. However, given its premium valuation and unstable macroeconomic conditions, is it worth owning the stock now? Let’s find out.

Amazon.com Inc. said it would buy IRobot Corp., maker of the Roomba vacuum, for $1.65 billion as the e-commerce giant continues its push into internet-connected home devices and robotics.

Russian e-commerce company Ozon said on Thursday it was still assessing the economic damage from a huge fire at its warehouse near Moscow, but that there were no significant risks to its liquidity and operational activities.

AnyMind Group, a Japan-based e-commerce enablement firm, is looking to pursue M&A deals in Thailand to expand into more services and capture a new customer base in the country following its latest Series D fundraising of US$29.4 million.

A fire broke out at a warehouse outside Moscow owned by e-commerce firm Ozon, Russia's emergencies ministry said on Wednesday, adding that more than 80 people were working to tackle the blaze and two helicopters had been deployed.

Despite persistently high inflation levels, the luxury goods industry is expected to grow significantly this year, driven by sustained luxury spending, growing media influence, and integration of e-commerce platforms. Thus, we think fundamentally sound luxury goods stocks Ralph Lauren (RL), J.Jill. (JILL), and Movado (MOV) could be ideal additions to…

Key Takeaways: Nebula Brands has announced a major new fundraising, bolstering its place as China’s top player in an emerging global group of Amazon aggregators