Alibaba's Chris Tung explains that the e-commerce giant wants to help expand the potential uses of VR by implementing it into a shopping experience. » Read More
Jan 28- Amazon.com Inc's holiday quarter profit missed Wall Street's estimates by a wide margin as the world's No. 1 online retailer faced rising operating costs and growth slowed in its cloud services business. Fourth-quarter net profit rose to $482 million, or $1.00 per share, in the quarter ended Dec. 31- marking its largest quarterly profit on record- up from...
Jan 28- E-commerce giant Amazon.com Inc reported a 21.8 percent rise in quarterly revenue, helped by strong holiday-period shopping and robust growth in its cloud services business. The world's biggest online retailer said its profit rose to $482 million, or $1.00 per share, in the fourth quarter ended Dec.31 from $214 million, or 45 cents per share, a year...
Jan 28- Strong holiday sales helped e-commerce giant Alibaba Group Holding Ltd beat forecasts on Thursday with a 32 percent rise in third-quarter revenue, but it was not immune from China's slowdown. Alibaba's U.S.-listed shares fell by 2.1 percent to $68 at 1458 GMT following the results. "Revenue was better than expected," Wedbush Securities analyst Gil Luria...
Gross merchandise volume, or the total value of goods transacted on its platforms on China retail marketplaces, rose 23 percent to 964 billion yuan, its slowest annual growth rate in more than three years. It offered $3.7 billion to become sole owner of Youku Tudou Inc, known as China's YouTube. But the majority of Alibaba's revenue still comes from China's online...
Occupancy at malls is declining for the first time since the recession, according to research by Green Street Advisors.
CNBC's Landon Dowdy provides a preview of Street expectation for Amazon's first quarter.
EBay reported no growth in revenue in the holiday quarter, during which it faced intense competition from bigger e-commerce rival Amazon.com.
This LA men's clothing company saw a sudden boost in sales because of Mexican drug lord Joaquin "El Chapo" Guzman.
The "Fast Money" traders give their final trades of the day.
Seven months after PayPal's spin-off from e-commerce giant eBay, the transition is going smoother than many might have thought, the CEOs tell CNBC.
Global merchant bank The Raine Group has invested $40 million dollars in Olo, a digital ordering and delivery company for multi-location restaurants.
Retailers are having trouble aligning their inventories with their marketing messages.
Online retail sales hit a record high in November and December, topping expectations
Anand Chandrasekaran, chief product officer at Snapdeal, talks about his e-commerce company, which is an online marketplace selling products across India.
Fewer clean-shaven male faces are giving rise to a new archetype that's becoming a coveted market demographic in its own right — bearded men.
Amazon wants to cut out the shipping middleman by registering with the U.S. Federal Maritime Commission to become a licensed ocean freight forwarder, reports CNBC's Landon Dowdy.
Kokou Agbo-Bloua, global head of flow strategy and solutions at Societe Generale, discusses retail strategies and how companies can achieve a return on capital.
J.C. Penney's same-store sales rose 3.9 percent in November and December due to strong demand for its private-label offerings and higher online sales.
Sellers on the online retail site received orders for more than 23 million items on Cyber Monday.
Ulric Jerome, CEO of online luxury fashion retailer Matchesfashion.com, discusses his company's business model.