Amazon is launching its site for handcrafted goods called Amazon Handmade on Thursday, hoping to capitalize on shoppers' appetite for homemade goods ahead of the holiday season.» Read More
William Tanuwijaya, co-founder and CEO at Tokopedia, says investments from Japanese conglomerate Softbank and Sequoia Capital help it to attract Indonesian talents overseas.
BEIJING, April 17- Alibaba Group Holding Ltd deepened its push into the automotive business on Friday, saying it had struck a partnership with Shanghai General Motors to offer online sales and financing for GM cars. Currently, Shanghai GM's Buick, Cadillac and Chevrolet brands are available for sale on Alibaba's TMall.com website, and the two companies said...
*Netflix and Philip Morris rally after results. April 16- U.S. stocks were mixed on Thursday afternoon as soaring Wall Street debuts by online retailer Etsy and trading firm Virtu offset lingering worries about upcoming corporate earnings reports. "Between Etsy, Virtu and Netflix, that's helping prop the market up, keeping people excited," said Mike Binger, a...
E-commerce site Etsy has everything from $6,000 dollar dog dresses to a six-foot tall shoe. CNBC checks out a few of the strange finds on the site.
The Etsy IPO debuted at $31 a share Thursday. But can the online marketplace of handmade goods grow into a profitable e-commerce company?
DUESSELDORF, Germany, April 16- German labour union Verdi is prepared for a long fight with U.S. online retailer Amazon.com Inc for better pay and conditions and expects more strikes this Christmas. Verdi has organised frequent strikes at Amazon since May 2013 as it seeks to force the retailer to raise pay for warehouse workers in accordance with collective...
April 15- Etsy Inc's initial public offering has been priced at $16 per share, a market source told Reuters, valuing the online retailer of handmade goods and craft supplies at about $1.78 billion. The New York- based company's IPO raised about $266.66 million at that price, the top end of its expected range of $14- $16 per share. Besides Accel Partners, the company's...
Brian Hamilton, Sageworks is a bull on Etsy, and James Gellert, Rapid Ratings International, is a bear.
Etsy is expected to price its IPO after the bell Wednesday. Can it meet its mission of making money and being socially responsible?
In 2014, Etsy grew its revenue 56 percent, but it's net loss widened, reports CNBC's Julia Boorstin. Insight to how the company makes money.
After its first brick-and-mortar "pop-up" store in Singapore, e-retailer Zalora has opened another in Hong Kong. Cheng Xun Chua, managing director of Zalora Hong Kong, explains the move.
April 13- E-commerce company Amazon.com Inc and publisher HarperCollins have reached a new multi-year publishing deal that covers both print and digital titles, The Wall Street Journal reported, citing HarperCollins. The deal calls for HarperCollins, owned by News Corp, to set the retail prices of its digital books, with incentives for HarperCollins to...
One 76-year-old superhero is still a spry moneymaker on eBay, trouncing other characters with $4.7 million in comic book sales.
European Commission may be preparing for formal case against Google, according to The Wall Street Journal.
Etsy disclosed it hopes to raise as much as $266 million in its IPO. CNBC's Jon Fortt and Jon Steinberg, Daily Mail North America CEO, feel good about this company.
CNBC's Morgan Brennan and Manhattan Venture Partners Chief Economist Max Wolff discuss how Amazon's new Dash button could impact consumers and brands.
It is not exactly clear where the Brooklyn, New York-based company's total valuation will stand after the sale.
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."
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.
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.