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The Latest Breaking News from e-commerce

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.

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

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

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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.

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

The Independent UK

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.

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.

Investors Business Daily

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

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.

International Business Times

Japan Companies Shine In Hedge Funds' Top Asia Picks

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.

3 Retail Stocks to Avoid in May

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…

PDD Stock Jumps Following Strong Q1 Earnings For Temu Parent Company

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.

Investors Business Daily

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

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.

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

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.

International Business Times UK

Top 3 Retail Stocks for May Growth Opportunities

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)…

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“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.

Investors Business Daily

Stock Market Hits Highs On Cooling Inflation; Walmart Jumps On Earnings: Weekly Review

The major indexes set all-time highs while many leading stocks flashed buy signals. Walmart and Asian e-commerce giants rallied on earnings.

Walmart is nabbing Target’s ‘Tar-jay’ rep and Amazon’s delivery crowd as even the wealthy flock to the retail giant

The retailer’s blockbuster earnings are mostly thanks to its focus on groceries and e-commerce.

Investors Business Daily

Costco, Stock Of The Day, Breaks Out Amid Rising Profit Estimates, Surging Gold Sales

Robust monthly sales data is giving Costco earnings estimates a boost.

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International Business Times

Walmart Profits Rise On Strong Sales From Wealthier Shoppers

Walmart reported higher profits Thursday behind solid gains at US stores as the retail giant pointed to increased purchases by wealthier shoppers and improving e-commerce sales.

Investors Business Daily

JD Stock Jumps As Sales Accelerate, Q1 Earnings Beat Expectations

U.S.-listed JD stock gained in early trading following a strong Q1 report from the Chinese e-commerce giant.

Breaking Down Non-U.S. E-Commerce Giants: PDD vs. JD

Despite the weakening real estate sector and other macro challenges, the Chinese economy has demonstrated remarkable resilience, as highlighted by GDP growth of 5.3% in the first quarter, beating market expectations. Amid this, let’s analyze PDD Holdings (PDD) and JD.com (JD) to determine which is the better non-U.S. stock pick.…

Investors Business Daily

Sea Ltd. Stock Jumps As E-Commerce Growth Fuels Better-Than-Expected Q1 Revenue

Sea stock jumped after Singapore internet services company reported better-than-expected Q1 sales.

International Business Times

China Tech Giant Alibaba Posts Modest Yearly Revenue Growth

Chinese e-commerce giant Alibaba announced Tuesday a modest increase in annual revenue, as the firm pursues a major overhaul and regulatory curbs on the country's tech sector are relaxed.

Investors Business Daily

Alibaba Stock Slides On Earnings Miss; Sales Increase 7%

Alibaba stock slid in early trading Tuesday, after the Chinese e-commerce giant reported a mixed March-quarter.

Alibaba Exceeds Revenue Expectations Despite Profit Decline

Alibaba surpasses revenue estimates but faces profit decline in latest quarterly results, reflecting e-commerce industry challenges and opportunities.

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