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The Latest Breaking News from e-commerce

Is Shopify Stock a Bargain at Its Current Levels?

E-commerce company Shopify’s (SHOP) recent acquisition is expected to boost its operating capability. However, on the other hand, the company is planning to lay off 10% of its employees, citing the ongoing macroeconomic headwinds. So, is SHOP a good bargain now? Let’s find out….

StockNews.com

Amazon Is Buying iRobot. How Does It Rank Against The E-commerce Giant's Other Big Acquisitions?

The company most known for its Roomba robot vacuum, iRobot Corporation (NASDAQ: IRBT), will be acquired by Amazon.com, Inc (NASDAQ: AMZN) for $1.7 billion as the largest e-commerce corporation in the wo

Benzinga

Is Amazon Stock a Buy Despite Recent Growth Headwinds?

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.

StockNews.com

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Amazon to buy Roomba-maker IRobot for $1.65 billion

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.

Tribune News Service

Ozon sees no significant risks to operations after warehouse fire

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.

Reuters

AnyMind eyes Thai deals in expansion drive

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.

Bangkok Post

Firefighters tackle blaze at retailer Ozon's warehouse near Moscow

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.

Reuters

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3 Luxury Goods Stocks That Are Still Buys Amid High Inflation Levels

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…

StockNews.com

Nebula Brands Emerges as Star to Watch in Global Constellation of Amazon Aggregators

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

Benzinga

Rewilding retail: the independents putting the ‘human’ factor back into shopping

Local independent retailers are bringing enjoyment back to the high street by sourcing diverse and quirky products

The Guardian - UK

PayPal Earnings Preview: Will PayPal's Q2 Pay Off Despite Macroeconomic Uncertainty?

PayPal Inc. (NASDAQ: PYPL) stock has been on a secular downtrend since July 2021 and it has plummeted about 71% from its all-time high of $310.16 on July 26, 2021.

Benzinga

Workers at ‘South Korean Amazon’ protest ‘boiling pot’ conditions

E-commerce giant Coupang is facing accusations that its success is built on the exploitation of workers.

Al Jazeera

Last-mile delivery set to grow by up to 15%

Thailand's last-mile delivery business is expected to grow 10-15% to 98 billion baht in 2022 despite intense competition and rising fuel costs, says Kasikorn Research Center (K-Research).

Bangkok Post

Alibaba striving to maintain US listing amid delisting fears

Chinese e-commerce firm Alibaba said Monday that it would strive to maintain its listing status both in New York and Hong Kong, days after U.S. regulators included it in a list of companies facing possible delisting if they don't meet auditing requirements

The Independent UK

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Bangkok Post

Sea celebrates a decade of growth

Thailand's digital economy has been scaling up over the past decade thanks to the power of various internet firms and one of the key players is Sea (Thailand), the local unit of the Nasdaq-listed firm Sea, which is behind e-commerce powerhouse Shopee.

StockNews.com

Is AMZN Stock a Buy Following Its Biggest Prime Day Ever?

This month, the e-commerce giant Amazon (AMZN) reported the biggest Prime Day in the company’s history, which is expected to boost its top line. However, given its bleak bottom line position, will it be wise to invest in the stock? Read on to find out….

Benzinga

Was The Market Wrong On Etsy Again, As Shares Gain Post Earnings?

ETSY (NASDAQ: ETSY) is an American e-commerce company focused on handmade, vintage, and craft-related items. They sell a wide range of products including, jewelry, bags, clothing, home décor, and art.

Benzinga

Viewpoint: How Machine Learning Is Revolutionizing E-Commerce

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.

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Benzinga

Shopify Posts $1.2 Billion Loss A Day After Slashing Workforce

Canadian e-commerce platform Shopify lost $1.2 billion in the second quarter as more customers returned to in-store shopping and e-commerce growth slowed from its pandemic highs. It also said it expects to post an adjusted net loss for the remainder of 2022.

The Hindu

Letters to the Editor - A rejoinder

Rejoinder from the Ministry of Commerce and Industry, to the article “MC12 over, its ‘gains’ f

Benzinga

A Look At Alibaba As Rival E-Commerce Giant Amazon Prepares To Print Q2 Earnings

Alibaba Group Holdings, Ltd (NYSE: BABA) gapped up over 3% higher on Tuesday, where the stock ran into a group of sellers who pressured it down to almost completely fill that empty trading range.

Benzinga

Benzinga Before The Bell: Walmart's Outlook Cut, Apple's Self Driving Car Dreams, Coinbase's SEC Investigation And Other Top Financial Stories Tuesday, July 26

CNBC

Benzinga

Yeahka Ramps Up E-Commerce Bid, But Investors Cash Out

Key takeaways: Yeahka’s push into the highly competitive e-commerce space comes as growth slows for its core mobile payments business Company’s stock has fluctuated since its 2020 listing, and now trades near its IPO price after a roaring start in early 2021 By Trevor Mo

Bangkok Post

Sea to back cross-border e-commerce

Sea (Thailand), the local operating unit of Nasdaq-listed internet giant Sea, is gearing up to support cross-border e-commerce for Thai enterprises and seeking a licence to serve as a digital bank in the country as part of its move to thrive in the Thai market.

Benzinga

Further Hurdles for Hemp and Cannabis Startups; Financial Institutions now require Attorneys

Over the past several months, financial institutions including banks and e-commerce platforms, have been requiring their cannabis clients to provide additional proof from an attorney that testifies the legitimacy of a cannabis company when applying for bank accounts and credit lines.

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