MEXICO CITY— Online retail giant Amazon has opened its Mexico site for business, offering free delivery on orders of over 599 pesos. A statement posted on the Amazon.com. mx site Tuesday said "we are launching in Mexico with more categories, more items and more functions than any other international Amazon website has featured at launch." Among its Mexico...» Read More
The departure of key executives raises questions about Google's long-term commitment to a real commerce battle, Re/code reports.
Alibaba is facing a fresh lawsuit over luxury fakes after being dogged for years by charges it doesn't do enough to stop counterfeiters.
According to a report in the Wall Street Journal Google will roll out a "buy" button on some search results, making it easier to purchase directly from the site.
Chinese smartphone giant, Xiaomi, is set to open its doors to U.S. and European consumers shortly.
May 15- Ride-sharing company Lyft Inc said it raised $150 million, led by a $100 million investment from activist investor Carl Icahn's Icahn Enterprises LP. The San Francisco- based company had raised $530 million in a funding round led by Japanese online retailer Rakuten Inc in March. That funding round had valued Lyft at about $2.5 billion, which is much less...
In an interview with CNBC's "Squawk Box," Warby Parker co-founder Dave Gilboa explains why the company is moving beyond e-commerce.
Alibaba's new CEO says the company plans to invest heavily outside of China. CNBC's Courtney Reagan reports.
NEW YORK, May 14- Even as the rise of online retailers such as Amazon.com Inc leads analysts to predict the eventual death of the American shopping mall, real estate fund managers are betting some will prosper- if they can lure the right kind of consumer. Simon Property Group Inc, the largest high-end mall operator in the country with properties including Palo Alto,...
Wal-Mart is teaming up with messaging start-up Tango as it seeks to lure mobile users from powerful rival Amazon.com.
The company was recently valued by investors at $5 billion—and plans to further up its revenue through paid "pins" by advertisers.
With its online checkout process bringing in revenue of $300M in Europe in 2014, Klarna is now poised to enter the US market.
Niraj Shah, Wayfair co-founder and CEO, discusses the e-retailer's earnings beat and big bet on mega marketing.
Alibaba has reached a 9.2 percent stake in U.S. online retailer Zulily, after sweeping up shares at rock-bottom prices last week.
*Zulily shares jumped 18.4 percent to $15.75 in premarket trading, after Alibaba bought a 9 percent stake in the online retailer. Alibaba was down marginally at $86.73. *Actavis rose 3.1 percent to $302 after the drugmaker's revenue jumped almost 60 percent, helped by higher sales of its branded drugs in North America.
Banks including Goldman Sachs Group Inc, Citigroup and Morgan Stanley are looking to hire more bankers in India and are now regularly attending "bake-offs" to pitch for advisory roles on deals, according to several banking industry sources. Foreign money has been pouring into India's fast-growing e-commerce sector, with investors ranging from Japan's...
WASHINGTON, May 9- Chinese e-commerce giant Alibaba Group Holding Ltd has reached a 9.2 percent stake in U.S. on-line retailer Zulily Inc, after sweeping up shares at rock-bottom prices last week. On Friday, Alibaba finished a three-day buying binge and now holds 11.5 million shares of Zulily, a site that hosts "flash" sales of clothing primarily for women and...
Mommy-run start-up Moxie Jean is an online retailer of gently used kids and maternity clothing. The moms have raised $1.3 million.
Online flower purchases for Mother's Day spike at the last minute, compared to jewelry or fashion.
All that baby and toddler clothes is worth millions. Two moms in the Chicago area found that out when they created an online retailer of used children's clothing.
SAO PAULO, May 7- Brazil's biggest retailer, GPA SA, posted a 21 percent drop in first-quarter profit due to soft demand and increased administrative costs from a new online division. GPA said the cost of sales and administration rose 17 percent from a year earlier due to the incorporation of Cnova's international operations, as well as higher electricity costs...