The Latest Breaking News from e-commerce

E-commerce company’s revenues rise 9% to 204bn yuan despite weakening economy

Saudi Arabia is one of the top ten countries in e-commerce, achieving an annual growth rate of more than 32 percent, announced Minister of Commerce Majid al-Qasabi. Speaking at a seminar on the "Role of E-commerce in Strengthening the Saudi-British Economic Partnership," Qasabi stressed that strengthening the e-commerce business system…

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In this article I will analyze and compare Jumia Technologies and MercadoLibre to determine which e-commerce stock is currently a better investment.

Express Inc (NYSE:EXPR) reported first-quarter FY22 sales growth of 30% year-over-year to $450.79 million, beating the consensus of $435.74 million. Consolidated comparable sales increased 31% versus last year. E-commerce demand grew 21% Y/Y. Comparable retail sales, including Express stores and eCommerce, rose 32%, and comparable outlet store sales increased 30%. Operating expenses rose…

SAN FRANCISCO: A labour coalition on Tuesday said that Amazon delivery workers are getting hurt due to pressure by the e-commerce giant to quickly distribute heaps of packages to customers.

AppTech Payments Corp (NASDAQ:APCX) announced the closing of its acquisition of Hothand Inc.  AppTech now owns Hothand's portfolio of twelve patents focused on delivering, purchasing, or requesting any products or services within specific geolocation and time parameters provided by a consumer's cell phone anywhere in the U.S. Hothand is a patent-holding company that…

Amazon.com, Inc. (NASDAQ: AMZN) shares are trading lower by 3.04% at $2,084.69. Shares of retail and e-commerce companies are trading lower In sympathy with Abercrombie, which fell following its first-quarter report amid increased freight costs.

Key Takeaways: Vipshop’s revenue fell 11% in the first quarter, and it forecast the decline would accelerate to as much as 25% in the current quarter Company last month authorized a new $1 billion share repurchase program after buying back $500 million of shares over the previous year By Doug…