NEW YORK, April 22- For many years, investors have been very tolerant as Amazon.com has sacrificed profits for rapid growth in sales and as it built new businesses. There are 116 funds with more than $1 billion under management that have either reduced or sold all of their holdings in the Internet retailer over the past 12 months. They include such well-known names...» Read More
Nov 21- Online retailer Amazon.com Inc will release a new ad-supported video streaming service early next year, the New York Post reported, citing sources. Amazon's Prime service costs $99 a year. Though the new service will be separate from Prime, ultimately Amazon plans to lure more users and eventually get them to sign up for Prime, the Post said.
Discussing the competition among Internet retail, and suffering margins, with Gerald Storch, Storch Advisors CEO. Storch says customers are pre-shopping on the Internet before going into the store.
Tony Tang, Director of Corporate Rating at Standard and Poor's Ratings Services, says Alibaba is a "remarkable story" that will remain dominant in China's e-commerce space.
Duncan Clark, Chairman of BDA, says it will require huge investments to transplant Taobao's service culture beyond China. He later discusses the e-commerce giant's bond offering.
To kick off its Black Friday specials, Amazon said it will start posting deal codes to disappearing messaging app Snapchat.
Nov 19- Cloud software company Salesforce.com Inc forecast revenue for the current quarter and full year 2016 that fell short of market expectations, hurt by a strong dollar. The world's biggest maker of online sales software said it expected revenue of $6.45 billion to $6.5 billion for the year ending January 2016, missing analysts' average estimate of $6.66...
Scammers misused Wal-Mart's price-match promotion to get PlayStation 4 and other products for a deep discount. But Wal-Mart's starting to crack down.
It's the seventh anniversary of Amazon’s Kindle, and the device continues to generate a lot of money for the e-commerce giant.
Nov 19- Staples Inc's quarterly sales fell for the seventh straight quarter as the company lost customers to online retailers and big-box chains. The largest U.S. office supplies retailer said net income rose to $216.8 million, or 34 cents per share, in the third quarter ended Nov. 1 from $135.2 million or 21 cents per share, a year earlier. Revenue fell 2.5 percent to...
LONDON, Nov 19- Online retail giant Amazon's own delivery service will more than halve the growth potential for Royal Mail's parcels business, the former state-owned British company said on Wednesday, sending its shares lower. Parcels make up half of Royal Mail's turnover and the development of online shopping has made them central to the company's prospects...
Customers have misused Wal-Mart's price-match promotion to obtain $400 PlayStation 4 consoles for less than a quarter of the retail price.
Comscore Co-Founder Gian Fulgoni, peels back the data and shows how a shift to mobile shopping will likely impact online retail sales.
Indian retailers are struggling to keep up online as e-commerce garner large investments.
MUMBAI, Nov 18- The head of Future Group, one of India's largest and most established retailers, admits he can't keep up with web sites like Snapdeal and Flipkart when it comes to spending money to entice shoppers to buy online. Private investors have poured $2.3 billion into India's e-commerce companies so far this year, according to consulting firm Technopak,...
Because consumers can click to another site or app to make their purchases, the Web buying experience has to be clean, fast and fun.
BRUSSELS, Nov 17- Dutch supermarket group Ahold NV forecast 20-25 percent annual growth of its online business in the coming three years, although warned that investment to reach its target would hit its operating margin next year. Ahold, with a base in the Netherlands and some 60 percent of revenue in the United States, said on Monday online sales should total...
CNBC.com will analyze the behind the scenes action at your favorite e-retailers and tell you about some of the hidden winners in the Web rush.
The free float of JD.com could increase dramatically when a "lockup" agreement expires soon. Investors should take heed.
Google has announced that its tap and pay service Google Wallet will no longer process third-party digital purchases.
Nov 13- Wal-Mart Stores Inc same-store sales, helped by lower gas prices, rose for the first time in seven quarters, but the world's largest retailer warned it was preparing for a bruising holiday season as it moves to match prices with online outlets. Wal-Mart said on Thursday comparable sales at stores open at least 12 months rose 0.5 percent in the third quarter...