China's e-commerce players are training rural shoppers to buy online, as sales in the countryside, while still low, grow faster than in major cities.» Read More
NEW YORK— Wal-Mart wants to make a bigger play for Chinese consumers online. Wal-Mart is attempting to follow consumers as they migrate to the Internet in China, a country where the retailer has struggled to adjust to buying habits and local competition. Wal-Mart Stores Inc. previously held about 51 percent of Yihaodian.
Wal-Mart's move also comes after China said last month it will allow full foreign ownership of some e-commerce businesses, with the goal of encouraging foreign investment and the development and competitiveness of the sector. "1/ 8 Yihaodian's 3/ 8 local experience, combined with Walmart's global sourcing and our strong local retail presence and supply chain...
CHICAGO/ SAN FRANCISCO, July 22- Macy's Inc is expanding same-day delivery to several new U.S. markets this summer, one of the most aggressive pushes by a brick-and-mortar retailer in an area dominated by e-commerce giant Amazon, according to a Macy's official. Currently, Macy's is offering the service in Houston, San Francisco, San Jose, Seattle, Washington D.C.,...
While the split is a big win for PayPal, eBay will likely face a more challenging environment ahead, says Bob O'Donnell, founder and chief analyst at Technalysis Research.
David Garrity, principal at GVA Research, explains why PayPal looks attractive over the next 6-12 months.
CNBC's Jon Fortt joins Devin Wenig, eBay CEO, for an exclusive interview to discuss the world of digital and streaming content.
Etsy shares jumped 67 percent in one month. There's no reason to stay long this stock, the traders say.
Ebay can't catch a bid as shares are down ahead of its PayPal spinoff. CNBC's Ari Levy reports what lies ahead for these two companies.
E-commerce site Jet.com hasn't launched yet, but it could be an acquisition for Amazon.com, Gene Munster told CNBC.
In honor of "Prime Day," here is a list of the most random and unnecessary items you can find on Amazon.
Punit Son, Flipkart chief product officer, discusses the success of his company and the future of 'Flipkart" as they become valued at fifteen billion dollars.
Aung Kyaw Moe, founder and Group CEO of Singapore-based payment services provider 2C2P, introduces the launch of e-payment solution "easyBills" in Myanmar.
Amazon will start a business loan program for small sellers in the U.K. and is looking to launch later this year in China.
Globally, buying groceries online has not boomed. But in India, a stunted grocery sector offers opportunity for e-commerce players. The Financial Times reports.
CHICAGO, June 24- A merger between Dutch supermarket Ahold and Belgian rival Delhaize will be a boon for U.S. online grocer Peapod, an Ahold unit which will gain valuable resources to fend off rival Amazon.com and upstart competitors, according to retail industry consultants. Access to Delhaize's efficient and low-cost distribution centers in the east and its...
SHANGHAI, June 24- Chinese e-commerce giant Alibaba Group Holding Ltd joined American retailers on Wednesday in pledging to pull down links to products displaying Confederate flag imagery in the wake of last week's mass shooting at a historic black South Carolina church. "Alibaba Group prohibits listings of materials that are ethnically or racially...
Victor Anthony, Axiom Capital Management, is not surprised Alibaba is selling its American e-commerce subsidiary "11 Main." He still likes the stock.
Not even hair can avoid the tech start-up world. Mayvenn raised $10 million from Andreessen Horowitz to help stylists do e-commerce.
BEIJING, June 19- China will allow full foreign ownership of some e-commerce businesses, aiming to encourage foreign investment and the development and competitiveness of the industry, the Ministry of Industry and Information Technology said on Friday. China's e-commerce industry has been booming, with companies like Alibaba Group Holding Ltd and JD.com...
In this installment of CNBC's "Entrepreneur Asia: Power Players" series, Oriel Morrison spoke to the dynamic duo behind one of India's fastest growing tech start-ups - Snapdeal.