From insurance to luxury items like automobiles, Chinese consumers are getting more comfortable spending in the digital markets, says Edge Zarrella, clients and innovation partner at KPMG China.» Read More
Lost in the Barron's controversy over the weekend was Alibaba itself warned of trouble ahead last week.
Alibaba says a Barron's cover story on the e-commerce giant contains factual errors, with CNBC's Morgan Brennan.
Amazon can grow revenue more than the market expects thanks to its ballooning Prime membership, Mark Mahaney said Friday.
Over ninety percent of our customers have a smartphone, says Mike Koppel, Nordstrom CFO, discussing how Nordstrom is working to improve the shopping experience for customers while improving margins.
Ebay is offering sellers in Germany its new shipping service through a $22 membership club.
Just in time for the holidays, Toys R Us cut its free shipping thresholds, begging the question of how low will shipping go.
Lululemon Athletica reported higher-than-expected quarterly profit and revenue, helped by strong store and online sales.
Sept 10- Canadian yogawear retailer Lululemon Athletica Inc reported higher-than-expected quarterly profit and revenue, helped by strong store and online sales, and the company raised its full-year revenue and earnings forecast. The company raised its earnings forecast to $1.87- $1.92 per share from $1.86- $1.91 and its revenue forecast to $2.03 billion-...
Amazon.com said on Tuesday it will begin offering its own restaurant delivery service to Prime members in Seattle.
SAN FRANCISCO, Sept 8- Online retailer Amazon.com Inc said on Tuesday it will begin offering its own restaurant delivery service to Prime members in Seattle, marking its first push into an increasingly crowded market for meal delivery known for razor-thin margins. Amazon customers will be able to order food from dozens of restaurants in the Seattle area using...
SAN FRANCISCO, Sept 4- Amazon.com Inc is adding staff for a new division dedicated to restaurants in Seattle and New York, with indications the unit is trying to rapidly expand a meal delivery service, according to posts on LinkedIn and the company's jobs site. The online retailer has dabbled in food delivery before but its move to form a dedicated division called...
In todays' Throwback Thursday segment, it's eBay's 20th birthday.
Noah Glass, Olo CEO and founder, discusses the launch of new food delivery service "Dispatch."
LONDON, Sept 2- Nick Robertson, the founder of British online fashion retailer ASOS, has stepped down as chief executive after 15 years in which he transformed the internet start-up into a retail powerhouse with millions of fans around the world. ASOS, popular with Internet savvy twentysomethings and high-profile supporters such as British singer Rita Ora and...
LONDON, Sept 2- Nick Robertson, the founder of British online fashion retailer ASOS, has stepped down as chief executive after 15 years in which he transformed the internet minnow into a retail powerhouse with fans around the world. ASOS, popular with Internet savvy twentysomethings and high-profile fans such as British singer Rita Ora and U.S.
The founder of British online fashion retailer Asos is stepping down as chief executive after 15 years that have seen the firm transformed from an internet minnow to a retail powerhouse.
LONDON, Sept 2- The founder of British online fashion retailer ASOS is stepping down as chief executive after 15 years that have seen the firm transformed from an internet minnow to a retail powerhouse. ASOS said on Wednesday that Nick Robertson, who owns 8.4 percent of its equity, according to Reuters data, will quit as CEO but remain at the firm as a non-executive...
Frank Lavin, chairman & CEO of Export Now, discusses the potential of China's e-commerce space and explains how his company helps businesses to tap into this burgeoning industry.
PARIS, Sept 1- LVMH has hired Ian Rogers, an Apple Inc iTunes senior director, to be its new head of digital, as part of the luxury group's drive to more fully embrace the Internet. It marks one of the most high profile hires from the digital industry as fashion, jewellery and cosmetics brands race to build up teams able to engage online customers. Previously, transfers...
A group of China-based internet entrepreneurs and financial investors is backing an effort to create NextEV, a new rival to electric car maker Tesla.