The tech giant launches a new rewards credit card for Prime members that combines 5% back with other perks.
The founder of Alibaba promised Donald Trump the Chinese e-commerce giant will create one million US jobs.
Alibaba Chairman Jack Ma's plan to bring 1 million new jobs to Trump's America fails to consider how much his site hurts U.S. businesses.
PIERRE, S.D.— Online retail giant Amazon has agreed to begin collecting state and local sales taxes on purchases in South Dakota, Gov. The news follows recent moves by Amazon in Utah, Iowa and Nebraska as more states push to collect taxes on Internet purchases. "Their decision to collect sales tax doesn't solve the sales tax issue for online purchases, but it's a big...
Yahoo, Valeant, and Alibaba stocks are making headlines this Tuesday morning on Wall Street.
HONG KONG, Jan 10- China's Alibaba Group Holding Ltd is leading a $2.6 billion bid to privatize Intime Retail Group Co Ltd in a move to digitize brick-and-mortar department stores while growth in online sales begins to slow. Alibaba Investment Ltd and Intime founder Shen Guojun have offered HK $10 per Intime share- 42.25 percent over the HK $7.03 price when...
Alibaba Group Holding and the founder of Intime Retail Group have jointly bid to take the Chinese department store operator private.
CNBC's Courtney Reagan provides a comprehensive view of online-spending growth according to First Data analysis.
TCC Global Retail Insights Director, Bryan Roberts, talks about U.K. retail and how leading bricks and mortar players performed over the Christmas trading period.
Goldman Sachs Chief Economist Jan Hatzius talks about Europe, the European Central Bank and when the euro will hit parity with the U.S. dollar.
What are the latest tech gadgets being displayed at the Consumer Electronics Show in Las vegas this January? CNBC’s Arjun Kharpal breaks down the details.
Neither Shopify nor Amazon responded to CNBC's requests for comment about the expected announcement on Thursday.
NEW YORK, Jan 5- The S&P 500 closed slightly lower on Thursday weighed by financial shares and as investors dumped traditional retailers, but the Nasdaq Composite set a record closing high led by the strength of online retailer Amazon.
Jan 5- Disappointing holiday-season sales at Macy's Inc and Kohl's Corp underscored the uphill task facing department stores to win back shoppers, who are increasingly turning to online retailers and spending less on apparel. Macy's shares fell as much as 14 percent on Thursday, their biggest percentage drop in seven months. Macy's, known the world over for its...
Amazon plans to open a physical bookstore in the middle of Manhattan sometime in 2017.
That suggests Apple reaped at least $8 billion in revenue from its App Store, an analyst tells CNBC.
Jan 4- Amazon.com Inc shipped 50 percent more items during the past holiday season than the prior year for third-party vendors and doubled the amount for 2016 overall, the world's largest online retailer said on Wednesday. The data may offer hope to investors looking for Amazon to post a profit for the fourth quarter when it announces results in the coming weeks.
The ecommerce giant aims to take on Nike and Under Armour in the activewear market.
Sellers of Samsung products on Amazon had their accounts suspended at the busiest time of year because of a mistake made by the e-tailer.
CHICAGO, Dec 27- A jump in consumer spending in the final stretch of December significantly offset a slow start to the U.S. holiday shopping season, and is likely to help many retailers beat sales forecasts, industry research groups said on Tuesday. Spending over the Thanksgiving weekend in November fell 3.5 percent from a year ago despite a strong jump in online...