Feb 11- Groupon Inc reported a 3.8 percent rise in quarterly revenue, helped by strong online sales and daily deals, a business it pioneered, in North America. Net loss attributable to Groupon was $46.5 million, or 8 cents per share, in the fourth quarter ended Dec. 31, compared with a profit of $8.8 million, or 1 cent per share, a year earlier. Revenue rose to $917.2 million...» Read More
Emerging technologies in biometrics are helping financial institutions and merchants free consumers from entering cumbersome passwords and PINs.
Championship-starved Mets and Royals fans will have to pay a hefty fee to see their teams potentially win a World Series.
PayPal's Working Capital loans for small businesses has lent more than $1 billion to over 50,000 small businesses, CEO Dan Schulman says.
These are amazingly strong numbers, says CNBC's Jim Cramer breaking down Alibaba's quarterly results as sales surge.
Oct 27- Chinese e-commerce giant Alibaba Group Holding Ltd reported a stronger-than-expected 32 percent rise in second-quarter revenue on Tuesday, even as the value of goods transacted on its platforms grew at a slower pace. Revenue from mobile platforms, an increasingly important area for the company, nearly tripled to $1.66 billion, with mobile gross...
Victor Anthony, Axiom Capital Management, shares his thoughts on Alibaba's quarterly results.
CHICAGO, Oct 26- Wal-Mart Stores Inc applied Monday to U.S. regulators for permission to test drones for home delivery, curbside pickup and checking warehouse inventories, a sign it plans to go head-to-head with Amazon in using drones to fill and deliver online orders. The move comes as Amazon.com Inc, Google and other companies test drones in the expectation...
CHICAGO, Oct 26- Wal-Mart Stores Inc applied Monday to U.S. regulators for permission to test drones for home delivery, curbside pickup and checking warehouse inventories, a sign it plans to go head-to-head with Amazon in using drones to fill and deliver online orders. In addition to having drones take inventory of trailers outside its warehouses and perform...
CHICAGO, Oct 26- Package delivery company FedEx Corp said on Monday that it expects to see a record number of shipments during this year's busy holiday season, driven by rising retail sales and a jump in ecommerce. "Each year we face a challenge that's greater and that's driven by ecommerce," Patrick Fitzgerald, FedEx senior vice president for integrated marketing...
Alibaba's revenue growth is likely to have slumped, undermining hopes consumer spending will temper China's slowdown.
People can see the prices of Obamacare coverage in their area starting Sunday. Enrollment begins Nov. 1.
Oct 22- E-commerce giant Amazon.com Inc reported a surprise profit for the second quarter in a row, propelled by higher sales in North America, its biggest market, and another period of strong growth in its Amazon Web Services cloud business. Sales in North America rose 28.3 percent to $15.01 billion in the third quarter ended Sept. 30, helped by robust Prime Day...
Oct 22- E-commerce giant Amazon.com Inc reported a profit for the second quarter in a row, propelled by higher sales in North America, its biggest market, and another period of strong growth in its Amazon Web Services cloud business. The world's biggest online retailer reported a profit of $79 million, or 17 cents per share, for the third quarter ended Sept. 30,...
Championship-starved New York Mets fans will have to pay a hefty fee to get into the team's first World Series in 15 years.
Daniel Azzopardi, COO at Foodora, explains how the Rocket Internet-owned firm partners with high-end restaurants to deliver fine dining meals in under 30 minutes.
CNBC's Courtney Reagan reports on seasonal hiring at retail companies.
Amazon is creating 100,000 seasonal jobs to deal with increased demand over the holiday period, the U.S. e-commerce giant said Tuesday.
Jeff Richards, GGV Capital managing partner, discusses Wal-Mart's buyback decision, and how the company can get more aggressive in e-commerce.
Joel Sng, CEO and co-founder of honestbee, explains the Singapore startup's personal grocery shopping service.
Wal-Mart's guidance surprise is only bad news for investors taking a short-term view, Moody's Charles O'Shea said.