Jim O'Donnell, Chief Investment Officer of Forward Management, attributes the disappointment over Alibaba's revenues to "expectations getting ahead of themselves."» Read More
CNBC's Jon Fortt, and former MySpace CEO Chris DeWolfe, discuss what's behind Eric Schmidt's comments that Amazon is the tech giant's main competitor, and how the companies are converging from a competitive standpoint.
As it seeks to get a bigger slice of Americans' spending, Google just ramped up the delivery wars by expanding its same-day service.
Google executive chairman Eric Schmidt says Amazon's search proficiency takes eyeballs away from their platform. CNBC's Jim Cramer and David Faber discuss if Amazon is a significant threat to Google.
Oct 14- U.S. warehouse club operator Costco Wholesale Corp said it would open an online store in China using Alibaba Group Holding Ltd's fast-growing Tmall online marketplace, entering the country's booming ecommerce market to combat slowing sales at home. Costco said the online store would provide customers in mainland China with both branded products,...
Oct 9- Amazon.com Inc, the online juggernaut whose rapid expansion helped derail many a brick-and-mortar retail chain, may soon open its first physical store, at a prime site in Midtown Manhattan, according to The Wall Street Journal. Amazon plans to open its first full-fledged store across from the Empire State Building, at 7 West 34th Street, the Journal...
Oct 9- Online retailer Amazon.com Inc plans to open its first physical store in midtown Manhattan, the Wall Street Journal reported, citing people familiar with the matter. The store will be located at 7 West 34th Street, across from the Empire State Building, the Journal reported. The store, expected to open in time for the holiday shopping, would function as a mini...
CNBC's David Faber speaks to Jimmy Lee, JPMorgan Investment Bank, about the Alibaba IPO and M&A landscape.
Oct 8- United Parcel Service Inc has started allowing U.S. customers to collect packages from neighborhood stores or lockers to lower failed deliveries of online purchases and costs associated with them, ahead of the busy holiday shopping season. Morningstar analyst Keith Schoonmaker said access points in the United States were critical for courier...
BRUSSELS, Oct 7- Amazon's tax arrangements with Luxembourg are being investigated by EU regulators, as the online retailer becomes the latest global company to be accused of striking tax-minimizing deals with member states that may break bloc rules. The European Commission is examining whether Luxembourg broke EU state aid rules by agreeing a deal which...
BRUSSELS, Oct 7- Online retailer Amazon's tax arrangements with Luxembourg are being investigated by European regulators, becoming the latest global company accused of cutting deals with member states to gain an effective subsidy. There was no immediate comment from Amazon or Luxembourg. The Commission is also investigating similar deals between coffee...
As India's e-commerce race heats up, online retailers are pulling out the stops to stay ahead, including catty marketing campaigns.
Under its new owner Jeff Bezos, the Washington Post will go national via a new Kindle app, according to Bloomberg Businessweek.
Liberty Interactive CEO, Greg Maffei, discusses the company's move to create a pure QVC group and if it clears the way for a complete deal with HSN. Maffei discusses how the play will create more value for investors.
Wayfair co-founder, CEO and co-chairman Niraj Shah, explains the logistics of his online home furnishing retail company, and competition in Internet retail.
Wayfair co-founder, CEO and co-chairman Niraj Shah, says the average order from customers on his online home furnishings website is around $200.
Oct 1- A former executive at GSI Commerce Inc was sentenced on Wednesday to 15 months in prison for insider trading related to the 2011 takeover of the e-commerce company by online retailer eBay Inc..
Zillow co-founder Richard Barton; Jon Steinberg, Daily Mail North America CEO; and the "Squawk Alley" crew discuss comments Jeff Bezos made about competition with Alibaba.
CNBC's David Faber discusses what eBay CEO John Donahoe considers the most beneficial aspects of the eBay-PayPal split.
Discussing whether Carl Icahn deserves credit for eBay and PayPal's announced split, with Julia La Roche, Business Insider, and Kevin O'Leary, Shark Tank investor.
EBay announced PayPal will be a separate publicly traded company next year. David Garrity, GVA Research, and Ross Gerber, Gerber Kawasaki CEO, discuss which will be a better investment once they split.