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Internet Retail e-commerce

  • BEIJING, Feb 20- China's Alibaba Group Holding Ltd said it formed a strategic partnership with Bailian Group, the largest retailer by store numbers to join the e-commerce giant's drive to use big data to improve and profit from brick-and-mortar sales. It has also spent $4.6 billion on a minority stake in appliances retailer Suning Commerce Group Co Ltd, is...

  • Amazon might be muscling its way into delivery services but this is not necessarily a competitive issue for logistics companies such as UPS.

  • LONDON, Feb 20- Online retailer Amazon is set to create more than 5,000 jobs in Britain this year, the company said on Monday, boosting its investment in the country once more even as it prepares to leave the European Union. Amazon, along with other tech giants such as Google and Apple, has increased its commitment to Britain in the last year, saying Britain's...

  • Amazon hints at number of Prime members in annual report

    Analysts use annual report to estimate the number of Amazon Prime subscribers the company may serve.

  • Amazon.com founder and CEO Jeff Bezos.

    Amazon discloses it generated $6.4 billion in revenue related to "retail subscription services" last year.

  • Feb 15- Wal-Mart Stores Inc has acquired online outdoor clothing and gear retailer Moosejaw for $51 million in an all-cash deal, the company said on Wednesday, as it works to boost its competitive standing in U.S. e-commerce. In August 2016, the world's largest retailer paid more than $3 billion to acquire online startup Jet.com and in late December, Jet.com...

  • NEW YORK— Wal-Mart has acquired the outdoor clothing and gear seller Moosejaw for $51 million as it expands its online offerings. Wal-Mart says Madison Heights, Michigan- based Moosejaw, which is largely online and sells more than 400 brands, will keep operating its site and stores. Bentonville, Arkansas- based Wal-Mart also purchased online marketplace...

  • Temasek may be betting China’s consumers will eschew retail therapy in favor of hitting the road, cutting its Alibaba stake and buying Ctrip shares.

  • How Tantan is tackling China's lack of 'flirting culture'

    Yu Wang, CEO and co-founder of Tantan, talks about navigating the online dating business in China.

  • The future of e-commerce in Japan [please do not upload]

    Ed Rogers, CEO at Rogers Investment Advisors, weighs in on Japanese internet company Rakuten's earnings.

  • Ivanka Trump

    Sears and Kmart added to recent defections from Trump-branded products, discontinuing online sales of Trump Home items, amid ethics concerns.

  • Feb 11- Trump-branded consumer products have suffered new blows, with U.S. retailers Sears Holdings Corp and Kmart Corp discontinuing online sales of 31 Trump Home items, while new details emerged showing sales of Ivanka Trump's brand fell in the weeks before Nordstrom Inc stopped carrying her products. Separately, the Wall Street Journal reported on...

  • Feb 11- Trump-branded consumer products have suffered new blows, with U.S. retailers Sears Holdings Corp and Kmart Corp discontinuing online sales of 31 Trump Home items, while new details emerged showing sales of Ivanka Trump's brand fell in the weeks before Nordstrom Inc stopped carrying her products. Sears and Kmart disclosed their decision on Saturday,...

  • LITTLE ROCK, Ark.— Amazon said Friday that it will begin collecting sales taxes next month in Arkansas, which lawmakers say could generate as much as $100 million to help lift the state's lagging revenue and potentially fund future income tax cuts. Arkansas will be the latest state where the e-commerce giant has relented after years of resisting effort to...

  • NEW YORK— Despite a bumpy holiday season, chains like The Limited shutting down and department stores such as Macy's closing stores, the largest retail trade group says it's still optimistic that sales will grow this year— especially online. In issuing its forecast Wednesday, the National Retail Federation did caution that shoppers will remain hesitant until...

  • Payments company Adyen processed $90 billion in transactions in 2016 for companies like Airbnb, Spotify, Netflix and Uber.

  • The world's largest online retailer did not disclose how much money in total it processed but said the average purchase was $80 in 2016, down from $84 in 2015.. Seattle- based Amazon started the service in 2013 after several earlier attempts in the payments space, and it competes with PayPal Holdings Inc, Apple Pay and Samsung Pay. Amazon said it expanded the...

  • Alibaba founder Jack Ma at the opening ceremony of the company's new headquarters in Melbourne on Feb 4, 2017

    Alibaba opened the doors to its latest overseas headquarters in Melbourne on Saturday, marking another chapter in the e-commerce giant's worldwide expansion.

  • Amazon under pressure after revenue miss

    This is not the time to get in, says James Cakmak of Monness, Crespi, Hardt, sharing his play on Amazon after the e-commerce giant reported revenues that missed expectations in the fourth quarter.

  • Jeff Bezos, Chairman and founder of Amazon

    Robert Drbul, Guggenheim managing director, parses Amazon's quarterly numbers which came in a "little bit lighter" than expected.