As Alibaba began trading on the NYSE Friday, founder of the e-commerce giant Jack Ma acknowledged the company's commitment to smaller merchants in a CNBC interview.» Read More
WASHINGTON, May 13- U.S. retail sales barely rose in April, tempering hopes of a sharp acceleration in economic growth in the second quarter. The Commerce Department said on Tuesday retail sales edged up 0.1 percent last month, held back by declines in receipts at furniture, electronic and appliance stores, restaurants and bars and online retailers.
*UK retailers competitive on choice, prices, delivery. BERLIN/ PARIS, May 13- Marks& Spencer Plc is making a new push to expand abroad, hoping e-commerce will give Britain's biggest clothing retailer a better chance to succeed than earlier attempts to enter new markets.
As investors await Alibaba's IPO later this year, Bethany McLean, Vanity Fair contributing editor, says there is a fair amount of risk associated with the e-commerce giant.
SAN FRANCISCO, May 12- Apple Inc has cut in half the time it takes to give refunds to online store customers who want to return their iPhones and other gadgets, a small but crucial step to try to get more people to buy direct from its website.
DUESSELDORF, Germany, May 12- Europe's top electronics retailer Media-Saturn is hoping express home delivery services will help offset pressure on margins and boost online revenues as it tries to make up for a delayed e-commerce launch caused by in-fighting among its owners.
May 9- A former executive at an e-commerce company that was acquired in 2011 by online retailer eBay Inc pleaded guilty on Friday to insider trading in connection with the takeover. District Judge Stewart Dalzell in Philadelphia, and was released on $300,000 bail, court records show.
The IPO could open the gates to other Chinese companies listing on US exchanges and ultimately, competing against US companies eye-to-eye.
TOKYO, May 7- SoftBank Corp's billionaire CEO Masayoshi Son said his company would not cash in any of its stake in Chinese online retailer Alibaba when it lists in New York in what could be the largest market debut ever by a technology company.
Chinese e-commerce giant Alibaba Group is relatively unknown in the U.S. But that's about to change.
Youssef Squali, Cantor Fitzgerald global head of Internet & media research, discusses Twitter's lock-up expiration and explains why he needs to see it pull back even more to get positive on the stock.
Rumors are swirling that the Alibaba IPO filing will happen this week. CNBC's Kayla Tausche reveals who stands to make big money from the IPO.
May 6- John Malone's Liberty Interactive Corp filed with regulators to spin off its stake in travel website TripAdvisor Inc and ownership of online retailer BuySeasons into a separate company valued at about $3 billion.
May 6- John Malone's Liberty Interactive Corp filed with regulators to spin off its 22 percent stake in travel website TripAdvisor Inc and 100 percent ownership of online retailer BuySeasons. A new company, Liberty TripAdvisor, which will hold the stakes, will offer 72.6 million series A common shares valued at up to $3.07 billion.
PayPal said Saturday that Rakesh Agrawal has left following a series of late-night tweets that among other things, insulted other PayPal executives.
Emmett Kilduff, CEO and founder of Eagle Alpha, says that Alibaba could take on eBay and Amazon in the U.S. after its IPO.
HONG KONG, April 28- Alibaba Group Holding Ltd and a private equity firm co-founded by its executive chairman Jack Ma have agreed to buy a $1.22 billion stake in Youku Tudou Inc, as China's ecommerce giant intensifies its focus on online video business.
*No tech bubble seen in Europe since fewer big web firms. PARIS, April 25- European technology stocks are ripe for a rebound as investors look for bargains following a sharp sell-off in pricey U.S. tech and internet firms that spilled over into Europe and Asia.
SAN FRANCISCO, April 24- Amazon.com Inc, the largest U.S. online retailer, said global growth in unit sales during the first three months of the year slowed to 23 percent from the previous quarter. The e-commerce giant's year-over-year unit sales, a closely watched measure of how many items Amazon has sold, has slowed considerably over the last two years.
SAN FRANCISCO, April 24- Amazon.com Inc reported higher-than-expected revenue growth in the first quarter and boosted its investments in technology, content and warehouses as the e-commerce giant branches out into new businesses.
WASHINGTON, April 24- The U.S. Food and Drug Administration proposed rules on Thursday that would ban the sale of e-cigarettes to anyone under 18, but would not restrict flavored products, online sales or advertising, which public health advocates say attract children.