LendingClub Corp., which facilitates personal and small business loans by connecting borrowers with investors, offered a similar program when it went public in December. Matt Kennedy, an analyst for IPO ETF manager Renaissance Capital, said companies can set aside shares for retail investors to build engagement with their users and to reflect their culture.» Read More
CNBC's David Faber speaks to Joseph Tsai, Alibaba executive vice chairman, about the company's first earnings results and mobile strategy. Tsai says he is confident mobile monetization will be the same as desktop in the long run.
Why lower gas prices could potentially be a win for small businesses, with CNBC's Kate Rogers.
Amazon will launch its first Black Friday specials before some partygoers have taken off their Halloween costumes.
NEW YORK, Oct 29- Shares of Chinese e-commerce site Alibaba Group could more than double in the next three years, vaulting the company past Apple Inc as the world's biggest publicly traded company, Mark Yusko, head of the $4 billion Morgan Creek Asset Management, said on Wednesday. Morgan Creek has about 5 percent of its funds invested in Alibaba, which began trading...
A host of Wall Street firms have initiated coverage of Alibaba with a "buy" rating. Larry Cheng, Volition Capital; Lance Ulanoff, Mashable; and "the Squawk Alley" crew, discuss Tim Cook's interest, and the growth outlook for Alibaba.
Discussing Alibaba's "buy" rating and international opportunity, Ken Sena of Evercore, says if you look at what Alibaba is building in terms of integration and data it leverages itself well into other verticals.
*Snapdeal' potential to be India's Alibaba'- Softbank's Son. *Funds needed to tackle rivals in India online retail boom. Masayoshi Son, chief executive of SoftBank, laid out a 10- year investment plan for India on Tuesday, starting with the purchase of a $627 million stake in fast-growing online marketplace Snapdeal.
TOKYO, Oct 28- Japanese telecom and media group SoftBank Corp has agreed to buy a $627 million stake in Indian online retailer Snapdeal, seeking to tap into potentially huge e-commerce growth in the market with the world's third-biggest Internet user base. Highlighting India as a new priority in its aggressive expansion, SoftBank said on Tuesday it's also...
Bob Olstein thinks Amazon shares could be headed to $100. Where the stock is headed, with Ari Zoldan, Quantam Networks, and the "Closing Bell" panel.
NEW YORK, Oct 27- Amazon.com Inc is buying online comedy service Rooftop Media, as the Internet retailer pursues its ambition of building a digital media library to rival Netflix. While the deal is small, it underscores Amazon's intention of buying content to round out its online service. Audible founder and Chief Executive Donald Katz said in a statement on...
Jon Steinberg, Daily Mail North America CEO, and the "Squawk Alley" crew, discuss the move by CVS and Rite Aid to shut down Apple Pay and speculation both are working on a competing mobile payments system.
Since last Christmas, retailers have taken aim at Amazon by improving their online shopping capabilities and chipping away at its price advantage.
After failing to transform JC Penney, former Apple retail chief Ron Johnson will launch an e-commerce venture to help shoppers find products.
As Amazon's stock gets hammered after weak earnings, Michael Santoli, Yahoo! Finance; Kara Swisher, Re/code; and CNBC's Jon Fortt, discuss valuations and if Amazon's story has changed.
Discussing UPS' quarterly earnings and how they are belter equipped this holiday season, with Kurt Kuehn, UPS CFO.
The "Squawk on the Street" team discusses Amazon's wider-than-expected Q3 loss and the company's investment in new business products that have not been good.
SAN FRANCISCO, Oct 23- Amazon.com Inc's sales projections for the crucial holiday quarter disappointed Wall Street and third-quarter results missed forecasts, sending the online retailer's shares 9 percent lower on Thursday. But not only did it post a much larger loss than expected, Amazon also projected 7 to 18 percent revenue growth over the busiest...
SAN FRANCISCO, Oct 23- Amazon.com Inc's sales projections for the crucial holiday quarter disappointed, and third-quarter results missed Wall Street's targets, sending the online retailer's shares 9 percent lower. The company projected on Thursday net sales of between $27.3 billion and $30.3 billion for the holiday quarter, lagging the $30.89 billion...
Oct 20- Online book retailer Amazon.com Inc said on Monday it has signed a multiyear deal with Simon& Schuster Inc, the second Big-Five book publisher, on the future price of e-books. Amazon, which had been in talks with Simon& Schuster since July over pricing, confirmed the deal first reported by the Business Insider news blog that the two had reached an agreement.
Oct 20- Amazon.com Inc signed a multi-year deal with Simon& Schuster Inc, the second major Big Five book publisher it has been negotiating with on the price of e-books, Business Insider reported, citing a source with knowledge of the situation. Online book retailer Amazon had been in talks with Simon& Schuster since July over pricing. Amazon had been locked in a war...