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The Latest Breaking News from e-commerce

Amazon Sues Admins of 10K Facebook Groups over Fake Reviews

Amazon has filed a lawsuit against administrators of more than 10,000 Facebook groups it accuses of coordinating fake reviews in exchange for money or free products. The Seattle-based e-commerce giant said in a statement posted on its website Tuesday the Facebook groups were set up to recruit people "willing to…

Asharq Al-Awsat

Inflation Is Not Changing E-Commerce Return Policies

Inflation Is Not Changing E-Commerce Return Policies

As rising fuel prices and continued supply chain disruptions have pressured retailers and e-commerce brands, many are looking for ways to offset costs.

Instagram Will Allow Users to Shop Directly in Chats

Instagram Will Allow Users to Shop Directly in Chats

Instagram is getting a payment feature that will allow users to buy from small businesses through direct messages, parent company Meta Platforms Inc said on Monday. Users of the photo-sharing app need to message the business, add customizations if required and place the order in the chat, Meta said. They…

Asharq Al-Awsat

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Lanarkshire e-commerce business set to expand with new £500k warehouse

'Dimensions' has seen its number of employees more than double with a post-pandemic surge

Financial Services Firm Block Stock Has Fallen 59% In 2022

Financial services firm Block (NYSE: SQ) stock has fallen (-59%) into the toilet for 2022. The e-commerce processing and payments platform subsidiary Square expanded its services through acquisition and integrated them into its wildly popular Cash App mobile payment service.

Alibaba vs. Amazon: Which E-Commerce Giant Is the Better Investment?

Despite high inflationary pressure and continued supply chain disruptions, resilient consumer spending and enhanced delivery services should help the e-commerce industry to stay afloat. However, considering the uncertain market conditions, e-commerce giants Amazon.com (AMZN) and Alibaba Group (BABA) are expected to remain under pressure. But is it wise to buy…

Com7 joins forces with Alibaba Cloud

SET-listed IT retail chain Com7 is diversifying its business by adding cloud solutions for enterprises through a partnership with Alibaba Cloud, the cloud computing service arm of Chinese e-commerce giant Alibaba Group.

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State urges e-merchants to apply for trustmarks

State urges e-merchants to apply for trustmarks

Online merchants are being urged to apply for Department of Business Development (DBD) trustmarks to create online identities and ensure consumer confidence in their shops and product quality.

What Does This Company’s New Deal With Grubhub Mean for Its Stock?

What Does This Company’s New Deal With Grubhub Mean for Its Stock?

E-commerce behemoth Amazon (AMZN) struck a deal with food delivery service Grubhub which is expected to benefit the company’s Prime business. However, given its declining bottom line, will it be wise to invest in the stock? Read on to find out….

Inflation-Weary Consumers Are Still Spending Online, Just Not As Much

Inflation-Weary Consumers Are Still Spending Online, Just Not As Much

Stephanie Stuckey is part of a lengthy line of family executives, yet the CEO of convenience store chain Stuckey's has been leaning on some old advice from her grandfather to get through the current economic environment.

Nuh man held in Jammu & Kashmir, stole over 800 new phones

Nuh man held in Jammu & Kashmir, stole over 800 new phones

GURGAON: A man has been arrested for allegedly looting the delivery truck of an e-commerce firm in November 2021. He had stolen 807 phones from the truck, according to police. The accused, identified as Wasim, is a resident of Nuh and was held in Srinagar on July 11.

The Times of India

Firms file complaint over shady logistics

Firms file complaint over shady logistics

Small and medium-sized enterprises (SMEs) and business operators have called on the Trade Competition Commission to investigate alleged practices by large online platforms that force them to use the logistics services of their own providers.

Industrial REITs Poised To Shine On Robust Demand: 4 Key Players

Industrial REITs Poised To Shine On Robust Demand: 4 Key Players

The industrial real estate asset category has been, undoubtedly, playing a crucial role for the past few years in the growing e-commerce market, transforming how consumers shop and receive their goods. Moreover, the companies are making immense efforts to improve supply-chain efficiencies, propelling demand for logistics infrastructure and efficient distribution…

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

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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.

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….

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.

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…

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‘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.

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

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.

Birmingham Post

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’

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…

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.

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.

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