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The Latest Breaking News from e-commerce

A 'muted' Prime Day? Enthusiasm for Amazon's big sale may be fading

As customers put the final touches on their Amazon Prime Day shopping list, some analysts and researchers are cautioning the e-commerce retailer's biggest sale might not bring the same flood of customers and cash as it has in the past.

Tribune News Service

Here's Why Alibaba Stock Looks Ready To Bounce

Alibaba Group Holdings, Ltd (NYSE: BABA) was trading flat on Tuesday after plunging over 9% on Monday on a report China has fined the e-commerce and tech giant for failing to comply with anti-monopoly rules.

Benzinga

Is Amazon a Buy After The 20-for-1 Stock Split?

The e-commerce giant Amazon (AMZN) recently carried on a 20-for-1 stock split, which decreased the stock’s prices proportionally and is expected to create some benefits. However, given its declining bottom line, will it be wise to invest in the stock? Read on to find out….

StockNews.com

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Prospect allots B5bn for new warehouse, factory space

Factory and warehouse developer Prospect Development Co plans to invest 5 billion baht during 2022-24 to develop 480,000 square metres of new space in Bang Phli, Bang Pakong and Wang Noi to capitalise on strong demand from e-commerce businesses.

Bangkok Post

Pinterest Picked up a New CEO - Buy, Sell, Hold?

Social media company Pinterest (PINS) recently appointed online commerce expert Bill Ready as its Chief Executive Officer. The company has been prioritizing e-commerce in recent years, and this move is expected to help its commerce business gain momentum. However, considering the challenging macro environment, should you Buy, Sell or Hold…

StockNews.com

‘Step change’: Huge lift in online shopping as pets and gardens boost sales

Australia Post has now delivered more than 900 million parcels during the pandemic after shoppers flocked to online shopping during lockdowns.

The New Daily

Andhra Pradesh: APSRTC invites bids for supply of 659 hire buses

Those intending to participate in tender process have to register in MSTC e-commerce portal

The Hindu

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CBD Of Denver To Distribute Dosist Health's Line Of High Concentration CBD+ Formulas Vape Devices To Europe

Mellow a multi-brand cannabis e-commerce and marketing company owned by CBD of Denver, Inc. (OTCPK:CBDD), signed a master distribution agreement with cDistro, the operating entity of Marijuana Company of America, Inc.

Benzinga

Online marketplace OnBuy appoints new marketing director

The Dorset e-commerce company said former AO boss Cherie Cook would help its efforts to become a ‘household name’

Birmingham Post

Kornit Digital Shares Plunge On Q2 Preliminary Results

Kornit Digital Ltd (NASDAQ:KRNT) reported preliminary results for the Q2 that ended June 30, 2022. It expects revenues of $56.4 million to $59.4 million (versus a consensus of $91.41 million), net of a non-cash warrant impact of ~$4.6 million. KRNT sees a Non-GAAP operating margin of -34% and -28% and Adjusted EBITDA margin…

Benzinga

How Has Amazon Performed This Past Year With New CEO Andy Jassy At The Helm?

When Andy Jassy took over as Amazon.com Inc. (NASDAQ: AMZN) CEO on July 5, 2021, many speculated if he would be able to run the e-commerce giant as effectively as his predecessor, founder Jeff Bezos.

Benzinga

What's Going On With PayPal Shares Today?

PayPal Holdings Inc (NASDAQ: PYPL) shares are trading higher by 4.01% to $74.26 during Tuesday's trading session. Shares of e-commerce and e-commerce-related companies at large are trading higher Tuesday amid volatility in stocks as traders assess the possibility of a recession.

Benzinga

Lululemon Athletica Enters New Market In Europe: Check Out Where

Lululemon Athletica Inc (NASDAQ:LULU) is planning to launch in Spain by opening stores in Madrid and Barcelona. It will also launch a local e-commerce site in Spain. The company enters Spain as the first new market in Europe since 2019. In September, lululemon will open its retail locations in Calle Serrano and Paseo de…

Benzinga

DHL to add new depots and create over 4,000 jobs in UK expansion

German logistics firm will invest £482m across its UK e-commerce operation amid online shopping boom

The Guardian - UK

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Benzinga

Rudy Giuliani has a new gig as the pitchman of discounted samples on the MyPillow.com e-commerce site, and the former New York City mayor’s brand of salesmanship has elicited a flood of astonishment on Twitter Inc (NYSE: TWTR).

The Independent UK

Ex-Alibaba employee says ex-boss should be charged with rape

A former employee of Chinese e-commerce giant Alibaba has accused her then-manager of trying to rape her on a business trip last year as she pushes police to review a case that has cast a rare spotlight on workplace harassment in the Asian nation

Benzinga

What's Going On With Amazon Shares Falling Today?

Amazon.com, Inc. (NASDAQ: AMZN) shares are trading lower by 2.16% to $106.57 Thursday afternoon. Shares of e-commerce, retail and consumer discretionary companies are trading lower during Thursday’s trading session after data showed a slowdown in U.S. consumer spending in May.

StockNews.com

Greif Inc. Vs. Packaging Corporation of America: Which Packaging Stock is a Better Buy?

The growing e-commerce industry and reviving international trade have driven the demand for sustainable packaging solutions. Despite the persistent supply chain disruptions, technological advancement and rising demand should benefit packaging stocks Greif (GEF) and Packaging Corporation of America (PKG). But which of these stocks is a better buy now? Read…

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Benzinga

Amazon's Latest Move Reflects Appetite For Expensive Sports Broadcast To Boost Prime Revenue

Amazon.com Inc (NASDAQ:AMZN) neared a deal to broadcast Europe's top football tournament in the U.K. for the first time, Bloomberg reports. Broadcasters, including BT Sport are looking to forge a media rights deal with UEFA, the governing body for professional football in Europe. The broadcasters will share coverage of UEFA's flagship Champions…

Benzinga

Why China's JD Is Giving Rival Tech Giant Tencent An Additional $220M Stake

Chinese e-commerce giant JD.Com Inc (NASDAQ: JD) on Wednesday said that it renewed its strategic cooperation agreement with the tech and gaming giant Tencent Holdings (OTC: TCEHY) for a period of three years.

Tribune News Service

H-E-B edges out Amazon as the top US e-commerce grocer, survey said

H-E-B has taken the lead in a consumer preference index as the top e-commerce grocer ahead of second- and third-place finishers Amazon and Amazon Fresh.

Reuters

COVID can't break South Africa's love affair with shopping malls

With two days to go until opening to the public, workers rush to put the finishing touches on the Kwena Square shopping complex, a shiny $13 million sign that South Africans are defying the global "retail apocalypse".

Benzinga

Alibaba Lays Off 50 Employees As It Shuts Israel R&D Center: Report

Chinese e-commerce giant Alibaba Group Holdings (NYSE: BABA) is shutting down its R&D center in Israel, the company notified its employees on Sunday.

Bangkok Post

JD, Central rift could herald end of tie-up

A difference in culture and working styles is causing a rift between Central Group and Chinese internet giant JD.com regarding their e-marketplace joint venture JD Central, according to a source familiar with the two companies.

The Hindu

‘Har Ghar Tiranga’ drive | Centre asks firms to arrange Tricolour

Government to start ‘Har Ghar Tiranga’ drive

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