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The Latest Breaking News from e-commerce

Analysts Don't Expect Google, These Other Companies To Slow Their Profit Growth

Google stock is near a buy point and a record high. Analysts raised their profit estimates on the e-commerce giant. Abercrombie stock is back.

Investors Business Daily

Walmart is becoming the new Amazon as customers make smaller, but frequent purchases: 'That’s a trend that's not going to reverse,' CFO says

CFO John David Rainey said Wednesday that Walmart+ customers, on average, spend twice as much on online orders as the retailer’s other shoppers.

Fortune

3 Logistics Stocks to Buy as E-commerce Expands

Fueled by the rapid incorporation of technological trends, the logistics industry is primed for a significant expansion in the near term. Given this backdrop, investors could consider buying logistics stocks such as Universal Logistics Holdings (ULH), AerCap Holdings (AER), and FedEx (FDX), with the expansion of e-commerce. Read on.

StockNews.com

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Shopify Stock Wins Upgrade, E-Commerce Stock Claws Back From Q1 Sell-Off

Shopify stock won an upgrade to outperform from Evercore ISI as the e-commerce company continues to claw back from a sell-off on first quarter results.

Investors Business Daily

20% Americans Shop On Temu Weekly: Open Your Own Temu Store Now And Earn Income

Temu, a rising e-commerce platform, offers low prices and a chance to be a seller. But be aware of potential regulatory issues.

International Business Times UK

3 E-Commerce Stocks Capitalizing on Digital Shopping Trends

The e-commerce sector shows promise due to the internet's transformative impact, AI, enhanced experiences, mobile dominance, and ongoing innovations. Therefore, it could be wise to consider adding strong e-commerce stocks like Shopify (SHOP), MercadoLibre (MELI), and Etsy (ETSY) to capitalize on these industry trends. Keep reading.

StockNews.com

Meta Got A Big Boost From Temu And Shein Last Year. This Analyst Is Bullish On Future Performance.

Meta investors have been fretting an ad-buying slowdown from China e-commerce retailers. This analyst is bullish.

Investors Business Daily

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Helio Upgrades Solana Pay Plugin, Enabling Crypto Payments For Millions Of Shopify Merchants

Helio has updated the Solana Pay plugin for Shopify, setting the standard for enhanced e-commerce payments through the integration of improved Web3 features such as NFT airdrops.

International Business Times

How to Start Selling Your Products on TikTok Shop

When TikTok started as a social media platform, it rocked the internet, redefining online media and becoming one of the fastest-growing apps in the world.

inkl

More Than 15,000 Amazon Contract Drivers File Suit Seeking Overtime Compensation, Unpaid Wages

More than 15,000 Amazon contract drivers filed claims against the e-commerce giant to seek compensation for overtime hours and unpaid wages.

International Business Times

GME (GameStop) Earnings Preview: Can Gaming Sector Momentum Be Sustained?

GameStop’s (GME) preliminary first-quarter 2024 results reveal a drop in net sales and significant losses. The retailer faces challenges from reduced demand for physical games and heightened competition from e-commerce giants. Let’s find out if GME can weather the storm and sustain momentum in the gaming sector. Read more.

StockNews.com

Amazon Labor Union To Affiliate With Teamsters Amid Battle With E-Commerce Giant

Amazon Labor Union will be affiliating with Teamsters to gain more strength in negotiating for a contract with Amazon.

International Business Times

Ocado on the brink of relegation from the FTSE 100 after long run lower for its shares

Stocks in the online grocery retailer and cutting edge e-commerce tech firm peaked during the pandemic

Evening Standard

Walmart CEO Doug McMillon keeps fending off Amazon for the top spot on the Fortune 500. Can he and the mega-retailer continue their streak?

Under McMillon, Walmart has gone from also-ran to juggernaut in e-commerce and wooed more upper-income shoppers.

Fortune

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The Independent UK

Everyone’s buying gold bars from... Costco: Sale of precious metals drives up company’s e-commerce arm

Buyers flocking to pick up precious metals from company more known for giant tubs of mayonaise

Fortune

Mark Zuckerberg is quietly sitting on a shopping empire with 4 times the customers of Amazon, as Facebook Marketplace skyrockets

The secondhand platform boasts up to 1.2 billion monthly users, with Gen Z and millennials flocking to the site in search of hidden gems.

Investors Business Daily

Hot E-Commerce Stock Sea Ltd. Falls Amid Antitrust Probe In Indonesia

Sea stock slid after regulators in Indonesia announced an antitrust probe of Sea's Shopee e-commerce business.

International Business Times

BestChange In UAE: Dubai Has Become An Ideal Place For Business Development

The BestChange service, launched back in 2007, stands out in the volatile e-commerce market thanks to its long time in the business.

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Top News

Japan Companies Shine In Hedge Funds' Top Asia Picks

Hedge funds are turning to Japan for investment opportunities in technology, healthcare, and e-commerce due to its resilient economy and market leadership.

StockNews.com

3 Retail Stocks to Avoid in May

Persistent inflation and high interest rates are significantly affecting consumer spending. Despite this, the retail industry is set for long-term profitability, driven by shifting consumer tastes, technological innovations, and e-commerce growth. Amid this, retail stocks Grocery Outlet (GO), Dollar Tree (DLTR), and Dollar General (DG) are best avoided now. Read…

Investors Business Daily

PDD Stock Jumps Following Strong Q1 Earnings For Temu Parent Company

PDD jumped Thursday, a day after the Chinese e-commerce company behind Temu crushed Q1 expectations.

Fortune

Need help choosing a CRM for your small business? Explore the 10 best CRM tools that help teams streamline their sales process.

Explore the best CRM solutions that help small businesses collaborate and drive revenue.

International Business Times UK

Billionaire Ken Griffin Goes Heavy on This Tech Stock, Increases Stake By 200% in Two Quarters

Renowned investor Ken Griffin upped his stake in Amazon rapidly as the tech firm continues to leverage AI in AWS and e-commerce to boost sales and net income.

StockNews.com

Top 3 Retail Stocks for May Growth Opportunities

The retail sector is thriving due to the growth of e-commerce, technological advancements that simplify and personalize shopping, higher consumer spending, evolving shopping habits, and improved supply chain management. Therefore, it may be wise to consider investing in retail stocks Tesco (TSCDY), DFI Retail Group Holdings (DFIHY), and Kroger (KR)…

Bored Panda

“I Don’t Know What To Do”: Gen Zers Roast “Temu Victim” Moms, Show Their Weird Purchases

"I don't know what to do, but she's addicted." The post “I Don’t Know What To Do”: Gen Zers Roast “Temu Victim” Moms, Show Their Weird Purchases first appeared on Bored Panda.

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