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
Criticized and even sued for facilitating the counterfeit goods trade, Alibaba has been quietly piloting a plan to curb fakes at source.
May 22- Microsoft Corp and Salesforce.com Inc held "significant talks" this spring but could not reach a deal over pricing, CNBC reported, citing people familiar with the matter. Microsoft was willing to offer about $55 billion for the world's biggest maker of online sales software. Microsoft shares fell 0.6 percent to $47.11 and were the biggest drag on the...
Gian Fulgoni, ComScore Inc executive chairman, discusses digital commerce in Q1 and the big businesses that dominate the space. Fulgoni also gives perspective to the way the government collects data such as retail sales.
Julie Deane, founder of The Cambridge Satchel Company, says Tmall Global's rationale of checking the IP of each brand it has on its website gave her the confidence to sell her bags on the Alibaba-operated online marketplace.
Gil Luria, Wedbush Securities, discusses his outlook on ETSY.
Doug Mack, Fanatics CEO, discusses the big biz of licensed sports merchandising.
May 20- Target Corp on Wednesday reported a larger-than-expected increase in first-quarter profit as revenues got a boost from online sales and a program to narrow its product focus. Adjusted earnings, excluding restructuring costs and other items, came to $1.10 per share in the three months ended May 2, against a profit of 92 cents in the same period a year...
This is a good thing for Google, says Gene Munster, Piper Jaffray, weighing in on the tech giant's e-commerce move. And Munster provides perspective on Facebook three years after its IPO.
May 15- Ride-sharing company Lyft Inc said it raised $150 million, led by a $100 million investment from activist investor Carl Icahn's Icahn Enterprises LP. The San Francisco- based company had raised $530 million in a funding round led by Japanese online retailer Rakuten Inc in March. That funding round had valued Lyft at about $2.5 billion, which is much less...
Alibaba's new CEO says the company plans to invest heavily outside of China. CNBC's Courtney Reagan reports.
Walmart is taking on Amazon Prime with its own unlimited shipping service. CNBC's Courtney Reagan explains.
NEW YORK, May 14- Even as the rise of online retailers such as Amazon.com Inc leads analysts to predict the eventual death of the American shopping mall, real estate fund managers are betting some will prosper- if they can lure the right kind of consumer. Simon Property Group Inc, the largest high-end mall operator in the country with properties including Palo Alto,...
Wal-Mart is planning to rival Amazon Prime with its own subscription shipping service, the AP confirms.
Criminals are targeting consumers' Starbucks cards then hacking the associated debit and credit cards.
Square CEO Jack Dorsey discusses his lessons learned at Twitter, Square's payment tools and staying competitive.
Payments and financial services company Square said Tuesday it is expanding its small business financing program, Square Capital.
Wal-Mart is teaming up with messaging start-up Tango as it seeks to lure mobile users from powerful rival Amazon.com.
Optoro's tech platform is helping companies find buyers for excess inventory rather than sending it to liquidators who dump it in landfills.
With its online checkout process bringing in revenue of $300M in Europe in 2014, Klarna is now poised to enter the US market.
This 6-year-old company culls ideas submitted to its website, and the best ones get made and sold in some of the world's biggest retailers.