L Capital Asia's Ravi Thakran and Clio's Hyun-Oak Han discuss why L Capital bought a minority stake in the South Korean cosmetics maker for $50 million. » Read More
The e-commerce company raised its full-year revenue forecast to a range of $8.85 billion to $8.95 billion, from $8.6 billion to $8.8 billion; and adjusted profit from continuing operations in the range of $1.85 to $1.90, from $1.82 to $1.87 per share. The improved forecast was a "positive surprise" this early in the year, Wedbush Securities analyst Gil Luria said.
CNBC.com's Ari Levy reports on Birkenstock's decision to pull its footwear from Amazon following issues with counterfeiters.
E-commerce is one way to expose consumers in the Southeast Asian region to modern retail, says Orami Group CFO Eka Himawan.
Survey respondents felt that Amazon was trustworthy and favored its emphasis on quality products and simple and fair rules.
Garena's Nick Nash says the interest is in the adoption of innovation in Southeast Asia and whether the region will have a growth story similar to China.
Microsoft CEO Satya Nadella wants to change that. Nadella has poured billions of dollars into building new data centers around the world, hoping to position Microsoft as the leading alternative to Amazon in selling online computing power— housed in remote centers or "clouds"— to internet startups and big corporations, as well as consumers.
TORONTO, July 15- Shaw Communications Inc's third-quarter profit more than tripled, boosted by its purchase of Wind Mobile and sale of media assets, but earnings from ongoing operations disappointed and its shares fell on Friday. The Calgary- based company surprisingly lost retail internet customers, and continued to shed cable television customers.
Lightspeed CEO & Founder Dax Dasilva talks about the market outlook for technology companies.
Frost & Sullivan's Ajay Sunder says Line has been offering more services such as integrated payments and e-commerce onto its messaging platform.
July 13- Amazon.com Inc said customers placed 60 percent more orders worldwide on "Prime Day" shopping event on Tuesday, compared with a year earlier. The online retailer said it sold the most number of Amazon devices on a single day and Fire TV Stick was its best-selling device. Amazon's shares were up 0.7 percent at $753.71 in early trading on the Nasdaq on...
CNBC's Kate Rogers checks out a handful of small sellers to see how they fared on Amazon's "Prime Day."
Valeant, Fiat Chrysler and Amazon are making headlines this morning before the opening bell.
What's key is not the number of sales they generate on "Prime" day but new "Prime" subs that they acquire, says Mark Mahaney, RBC Capital Markets, weighing in on Amazon's second annual "Prime Day," and sharing his thoughts on whether it helps boost other online retailers.
One of the metrics of success would be the number of new prime memberships as a result of Amazon Prime Day, says Forrester Research's Sucharita Mulpuru.
In the short-term, it's hard to gauge the impact that Brexit and Fed uncertainties have on demand, says Monness, Crespi, Hardt & Co's James Cakmak.
Expect Amazon's Q2 revenues to be up 26.7 percent on-year driven by the successes of Amazon Prime and AWS, says Axiom Capital Management's Victor Anthony.
July 12- An Amazon.com Inc shopping event that the online retailer billed as its largest ever had a bumpy start on Tuesday, with some customers unable to add discounted items to their shopping carts and rival retailers aiming for a cut of the buying frenzy. The glitch, which affected Amazon's U.S. and UK websites, sparked outrage on social media with the hashtags#...
Discussing Amazon as its stock hits an all-time high and the internet retail giant celebrates its Prime Day, with Ross Gerber, Gerber Kawasaki CEO & President, and James Cakmak, Monness, Crespi, Hardt & Co Equity Analyst.
CNBC's Courtney Reagan reports on Amazon's Prime deals on its big day, and how consumer spending compares to a day like Black Friday.
NEW YORK, July 12- Amazon's long shadow is falling on retailers previously thought immune to the threat of e-commerce, forcing U.S. fund managers to rethink their approach to consumer stocks by focusing on companies whose businesses cannot be upended by the online giant. At the core of the problem: Amazon.com Inc, once thought of as a place to buy books and...