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Internet Retail e-commerce


  • BERLIN, March 19- German discounter Aldi, which has long avoided online sales as not profitable enough, is planning to trial ecommerce in Britain and possibly other countries too, including its home market, a trade journal reported on Thursday. Germany's Lebensmittel Zeitung cited unnamed sources as saying Aldi was preparing to launch an online store in...

  • Aldi to test ecommerce in Britain, other markets - report Thursday, 19 Mar 2015 | 12:43 PM ET

    *Aldi North mulls online sales in Spain, Portugal- report. Germany's Lebensmittel Zeitung cited unnamed sources as saying Aldi was preparing to launch an online store in Britain, where grocery ecommerce is more advanced than elsewhere in Europe, already accounting for about 5 percent of sales. Online grocery sales will roughly double from 2012 to 2016 in five...

  • TOKYO, March 19- Japanese online retailer Rakuten Inc is buying U.S. eBook company OverDrive Inc for about $410 million, deepening its push into the U.S. market and into the "sharing economy." Rakuten's announcement on Thursday about the OverDrive deal comes a week after it led a $530 million funding round for U.S ride-sharing service Lyft, signaling Rakuten's...

  • Tencent's Q4 result not disappointing: Pro Wednesday, 18 Mar 2015 | 9:36 PM ET
    Tencent's Q4 result not disappointing: Pro

    Daniel So, strategist at CMB International Securities, says there are quarterly revenue improvements in the online gaming space, which remains Tencent's "bread and butter."

  • Tracking Alibaba: Impact of lockup expiry Wednesday, 18 Mar 2015 | 7:44 PM ET
    Tracking Alibaba: Impact of lockup expiry

    Larry Haverty, portfolio Manager at Gabelli Funds and Jim O'Donnell, chief investment dfficer of Forward Management, discuss the movements of Alibaba's stock as the lock-up period ends.

  • Alibaba is a 'rock solid' firm: Pro Wednesday, 18 Mar 2015 | 6:48 PM ET
    Alibaba is a 'rock solid' firm: Pro

    Alan Haft, partner at Kelly-Haft Financial, says the resilience of Alibaba amid a lock-up expiration shows that the stock remains a "great buy" for investors.

  • March 18- Apparel retailer Guess Inc's quarterly profit beat market estimates as the company's expenses declined and online business grew. The company's e-commerce sales jumped 37 percent to a record $80 million in the fourth quarter ended Jan. 31, underscoring a growing customer preference for shopping online. Selling, general and administrative expenses...

  • Paying with a selfie? Alibaba's testing it out Monday, 16 Mar 2015 | 9:00 AM ET
    Alibaba tests facial recognition

    CNBC's Morgan Brennan and Tom's Guide Editor-in-Chief Mark Spoonauer discuss whether Alibaba's facial recognition payment system could actually be popular among consumers.

  • Joinem capitalizes on a 'marketer's dream': Braddock Thursday, 12 Mar 2015 | 1:56 PM ET
    Former priceline CEO, Richard Braddock named Chairman to Joinem.

    The former Priceline CEO is excited about social media and is hoping to capitalize on it in his latest business venture.

  • Snapdeal drums up custom in Slumdog's Dharavi Thursday, 12 Mar 2015 | 9:10 AM ET

    *Snapdeal is India's second-largest online shopping market. The company's aspirations are backed up by serious investment from the likes of Japan's Softbank Corp, which ploughed $627 million into Snapdeal last October, and could soon get a boost from Chinese e-commerce giant Alibaba Group, which is in talks for another cash investment, a source told Reuters...

  • *Amazon seen eventually launching "Fresh" in Germany. COLOGNE, Germany, March 12- Germany's second-biggest supermarket group REWE is investing heavily in grocery ecommerce even though it does not expect to turn a profit soon, as it braces for Amazon to expand its food delivery service. The online customer is our opportunity to become the number one in Germany.

  • March 12- Ride-sharing service Lyft said it raised an additional $530 million in a funding round led by Japanese online retailer Rakuten Inc, giving the Uber rival a valuation of $2.5 billion and adding momentum to its expansion plans. Rakuten said it is investing $300 million for an 11.9 percent stake in San Francisco- based Lyft- its first investment in a...

  • India's 'Amazon' courts the mobile shopper Wednesday, 11 Mar 2015 | 2:43 PM ET
    Flipkart application on an iPhone

    E-commerce company FlipKart is focusing on mobile offerings as Indian consumers increasingly turn to online shopping.

  • Mix of fashion, Wall Street not so 'Farfetch'-ed Sunday, 8 Mar 2015 | 9:00 AM ET
    Models pose at the Alice + Olivia by Stacey Bendet Fall 2015 presentation during New York Fashion Week, Feb. 16, 2015.

    Farfetch connects well-heeled consumers with luxury boutiques around the world, and model that has earned the company a $1 billion valuation.

  • Alibaba may slip back to IPO price: Analyst Thursday, 5 Mar 2015 | 3:29 PM ET
    Alibaba IPO NYSE

    The Chinese e-commerce giant has seen "tremendous volatility," but still holds promise long term, KKM Financial's Jeff Kilburg said.

  • Snuggie vendor settles deception claims for $8M Thursday, 5 Mar 2015 | 12:54 PM ET
    Eric Schneiderman

    Customers claimed that Allstar Marketing Group, which sells products through infomercials, hid charges with confusing ads.

  • Analyst: Alibaba model works, so buy the stock Wednesday, 4 Mar 2015 | 1:22 PM ET
    Alibaba IPO NYSE

    Alibaba's stock slump this year has unnerved shareholders, but for UBS analyst Eric Sheridan this is just a part of the growing pains.

  • Farfetch, the link to hundreds of high-end boutiques Wednesday, 4 Mar 2015 | 11:33 AM ET
    Farfetch, the link to hundreds of high-end boutiques

    Farfetch founder and CEO José Neves, says his company does not hold inventory, but a curated fashion platform which connects customers to boutiques.

  • HANGZHOU, China, March 4- Alibaba Group Holding Ltd is launching a cloud computing hub in Silicon Valley on Wednesday, the e-commerce giant's first outside of China, underscoring its global ambitions in the face of stiff and entrenched competition. Alibaba's Aliyun cloud division intends the new data center to cater initially to Chinese companies with...

  • Wall Street end Tuesday lower on profit-taking Tuesday, 3 Mar 2015 | 6:22 PM ET
    Wall Street end Tuesday lower on profit-taking

    While U.S. markets still see upside potential, short-term concerns such as soft U.S. data have resulted in a pullback, says Robert Pavlik, chief market strategist at Boston Private Wealth.