Alibaba's "Singles' Day" shopping event will drive the company's Q4 revenue momentum, says Chi Tsang, head of China internet research at HSBC.
Alibaba appears to be following Amazon's strategy of developing non-core businesses, like cloud computing, says Amplify Investments' Christian Magoon.
CNBC's Deirdre Bosa has the latest details from Alibaba's conference call.
It was a second straight quarter of robust results for the company, suggesting it can still generate strong growth even as worries abound about the health of China's economy and its retail sector. Alibaba's American Depository shares were up around 3 percent in pre-market trading ahead of the New York open. China's biggest e-commerce firm is currently...
Gil Luria, Wedbush Securities, breaks down Alibaba's quarterly results and shares his thoughts on what could be "disruptors" for the e-commerce giant.
Alibaba, Time Warner and Brocade are making headlines this Wednesday morning before the opening bell.
Etsy, Fitbit and GoPro made the leap from private to publicly listed company in the past two years but are only now reigniting growth.
Oct 28- The S&P 500 index and the Nasdaq were weighed down by Amazon and healthcare stocks on Friday, while Chevron lifted the Dow. Shares of Amazon.com were set for their worst day in nearly nine months, falling 4.7 percent to $780.17 after the online retailer warned heavy investments in the crucial holiday quarter would drag profits. "Right now we're seeing this...
Amazon, Alphabet and Baker Hughes are grabbing headlines this Friday morning to wrap up the week.
BEIJING, Oct 28- Amazon.com Inc has launched a tailored version of its Prime service in China to tap consumer demand for overseas goods, putting the U.S. online retail firm in closer competition with local rivals Alibaba Group and JD.com. Amazon, which dominates online shopping in the United States, is a bit-part player in China, lagging far behind market leaders...
Amazon, whose shares were down 6.8 percent in after-hours trading, said its net income rose to $252 million, or 52 cents per share, from $79 million, or 17 cents per share, a year earlier. Amazon forecast net sales of between $42.0 billion and $45.5 billion for the current-quarter, which includes the all-important holiday shopping season. The world's biggest online...
The world's biggest online retailer said its net sales rose to $32.71 billion in third quarter ended Sept. 30 from $25.36 billion a year earlier. Amazon's net income rose to $252 million, or 52 cents per share, from $79 million, or 17 cents per share, a year earlier, marking the company's sixth straight profitable quarter. Revenue from Amazon Web Services, the...
Discussing whether Amazon's apparel ambitions will propel it over traditional retailers like Macy's with Oliver Chen, Cowen & Co. senior analyst, and CNBC's Courtney Reagan.
The tech giant filed a lawsuit against Mobile Star for selling counterfeit Apple chargers and cables on Amazon.
NEW YORK, Oct 21- The dramatic shift to online shopping that has crushed U.S. department stores in recent years now threatens the investors who a decade ago funded the vast expanse of brick and mortar emporiums that many Americans no longer visit. Wells Fargo estimates that about $38 billion of these loans were taken out by retailers, bundled into commercial...
Tai Alegbe, co-founder at Baacco, says that the weaker pound has resulted in higher sales outside the UK for his wine business but increased import costs.
AladdinStreet's Sheikh Muszaphar Shukor Al Masrie talks about how his e-marketplace gives users peace of mind to buy and sell halal products online.
There is potential for a large player such as Google to snap up eBay's seller network of small businesses, says David Garrity, principal at GVA Research.
Facebook recently released several features intended to help users shop, including allowing people to order food.
Steve Hafner, CEO of Kayak, talks about how mobile provides the fare aggregator with greater amounts of data, as well as the company's AI push.