July 26- Amazon.com launched its popular Prime loyalty program in India on Tuesday, three years after its entry into the world's second-most populous country. The world's biggest online retailer has been pumping billions of dollars into India as it seeks to win a bigger share of a market dominated by homegrown e-retailer Flipkart. Prime membership will cost...
Amazon has partnered with the U.K. government to test drones in Britain, a move which could bring drone deliveries closer to reality.
After Delhaize Group and Ahold completed its merger. Dick Boer, CEO of Ahold Delhaize, discusses the supermarket giant’s expansion plans in the U.S.
One emerging retail trend is of male consumers taking the time to shop leisurely, shares AMP Capital Shopping Centres MD Bryan Hynes.
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.
As one of the internet's pioneers, eBay's seen it all. Now, it has a plan to stay relevant and be "one of the winners," the CEO told CNBC.
In the year since its spinoff from e-commerce company eBay Inc, becoming an independently traded company on Wall Street for the second time, PayPal has grown aggressively. Its revenue for the second quarter is up more than 15 percent to $2.65 billion from a year ago and the volume of payments it processes is up 28 percent to $86.21 billion, the company said in its...
MILAN, July 22- Online retailer Amazon.com is set to announce on Friday the first in a series of investments in Italy worth at least 500 million euros, a bet on the government's plan to go from laggard to leader in digital commerce, sources said. Amazon will invest 150 million euros to build a major storage and logistics center outside Rome, its second in Italy, said...
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.
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.