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The Latest Breaking News from e-commerce

Alibaba Downsizes Russia Joint Venture Workforce By 40% Amid Geopolitical, Regulatory Uncertainty

Alibaba Group Holding Limited's (NYSE:BABA) joint venture in Russia has laid off about 40% of employees, Nikkei Asia reports. It was not clear if there would be more layoffs after some of the laid-off staff chose to leave voluntarily and a few relocated, Reuters reports. Alibaba and Russian partners launched AliExpress Russia joint…

CLSA Expects SoftBank To Focus More On Buybacks Than High Growth Stocks Like Alibaba

CLSA Expects SoftBank To Focus More On Buybacks Than High Growth Stocks Like Alibaba

Softbank Group Corp (OTC:SFTBY) (OTC:SFTBF) may, for the first time, spend more on share buybacks than investments through its landmark Vision Fund as the firm goes into "defense" mode, according to CLSA's Oliver Matthew. "I think that the comments yesterday from Masayoshi Son made it very clear we're in defense round…

Alibaba's first Thailand data centre goes live

Alibaba's first Thailand data centre goes live

Alibaba Cloud, the cloud computing service arm of Chinese e-commerce giant Alibaba Group, has launched its first data centre in Thailand to capitalise on the country's cloud market and support the nation's 20-year strategic plan.

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COVID fuels e-commerce. In search of future opportunities

Ready for e-commerce in 2022

Two Staffordshire firms join forces in seven-figure acquisition

The deal will take Unknown Marketing and MOOT Group's combined projected turnover to £50 million in 2022

Birmingham Post

LINE Shopping targets hefty growth this year

Social commerce platform LINE Shopping targets 150% growth in the number of participating shops and a rise of 200% in gross merchandise value (GMV) this year, thanks to dynamic growth activities connected to social commerce, which now accounts for 61% of total e-commerce value.

5 Stocks to Avoid on a Slowdown in E-Commerce Sales

Amid vexing inflation and hawkish federal monetary policy stance, the e-commerce sector suffered a significant earnings decline in its latest quarter. Given the bearish market sentiment, we think it could be wise to now avoid overvalued e-commerce stocks Etsy (ETSY), eBay (EBAY), Shopify (SHOP), Amazon.com (AMZN), and Wayfair (W). Read…

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Why Did The Nasdaq Index Fall 5% On Thursday?

Why Did The Nasdaq Index Fall 5% On Thursday?

The Nasdaq Composite Index, the benchmark for technology stocks in the US, fell to its lowest level since November 2020 on Thursday, May 5, which can be attributed to a number of factors, including lacklustre earnings from e-commerce firms like eBay (NASDAQ: EBAY) and macro-economic factors like the Federal R

The Tech Industry's Epic Two-Year Run Sputters

The Tech Industry's Epic Two-Year Run Sputters

The technology industry, which powered the U.S. economy during the pandemic and grew at tremendous scale during a decade of ultralow interest rates, is confronting one of the most punishing stretches in years.

Thai army boycotts online retailer Lazada after video enrages royalists

Thai army boycotts online retailer Lazada after video enrages royalists

The Thai army said on Monday it will ban its 245,000 members from using one of Southeast Asia's biggest e-commerce websites for official purposes after royalists said a promotional video appeared to mock the royal family.

Quoting Alleged Threat and Calling It a Threat Isn't Libel

From Bowen v. Van Bramer, decided Tuesday by the N.Y. intermediate appellate court (Justices Mark Dillon, Francesca Connolly, Valerie Brathwaite Nelson, and Lara Genovesi): In February 2019, amid public criticism, e-commerce giant Amazon cancelled its plans to build a second corporate headquarters in the Long Island City area of Queens.…

Warning issued after Lazada video flap

Warning issued after Lazada video flap

Authorities on Saturday warned against the creation of online content that risked insulting the monarchy, after a video by a social media influencer promoting the e-commerce platform Lazada incensed royalists.

Thailand urges care over content as Lazada promotion angers royalists

Thailand urges care over content as Lazada promotion angers royalists

Thailand on Saturday warned against the creation of online content that risked insulting the country's monarchy, after a video by a social media influencer promoting e-commerce platform Lazada incensed royalists, who said it was mocking the palace.

As Amazon Struggles, This Latin American E-Commerce Retailer Smashes Q1 Estimates

As Amazon Struggles, This Latin American E-Commerce Retailer Smashes Q1 Estimates

E-commerce giant Amazon, Inc. (NASDAQ: AMZN) reported first-quarter results in April that showed the slowest revenue growth since the dot-com bubble burst in 2001, and issued a weak forecast for the June quarter.

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Better Buy: Alibaba vs. JD.com

In this article I will analyze and compare Alibaba Group Holding (BABA) and JD.com (JD) to determine which Chinese e-commerce stock is currently a better buy.

Why Qurate Retail Shares Are Plunging Today

Qurate Retail Inc (NASDAQ:QRTEA) reported a first-quarter FY22 revenue decline of 13.6% year-on-year to $2.88 billion, missing the consensus of $3 billion. The e-commerce revenue declined 14% to $1.8 billion, constituting 61% of total revenue. QxH revenue decreased 13%, QVC International fell 13%, Zulily shed 38%, and Cornerstone increased 19%. The operating margin…

ChannelAdvisor Registers 8% Revenue Growth In Q1 Backed By Subscription Revenue

ChannelAdvisor Corp (NYSE:ECOM) reported first-quarter FY22 revenue growth of 8% year-on-year to $42.3 million, marginally beating the consensus of $42.1 million. Subscription revenue increased 17% Y/Y. Brands' revenue climbed 32%, and Brands subscription revenue grew 36%. The non-GAAP gross margin contracted 330 bps to 75.8%. The adjusted EBITDA margin contracted 400 bps to 19%. ChannelAdvisor…

Birmingham Post

She's in the mood for modelling - Coleen Nolan joins Tilletts as a brand partner

£5m turnover Cleethorpes e-commerce outfit welcomes daytime television star as ambassador

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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:

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

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…

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

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

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

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.

The Times of India

Madhya Pradesh HC denies bail to delivery boy in e-commerce drugs smuggling case

BHOPAL: The Gwalior bench of Madhya Pradesh high court has denied bail to a delivery boy who was arrested as part of a probe into a racket that allegedly used the Amazon network to smuggle marijuana. The Madhya Pradesh special task force (STF) has now constituted a special team to…

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