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The Latest Breaking News from e-commerce

Technology-Driven Retail Transformation: Innovations Shaping The Future of E-Commerce

The retail industry is undergoing one of its most notable technological transformations ever. For businesses, skepticism is understandable—AI, automation, and data-driven retail require serious investment, and the outcomes aren’t always clear. However, these aren’t just passing trends but fundamental shifts redefining e-commerce.

inkl

Amazon sees biggest sales day in company history during Prime Day sale

Amazon marked its largest sales day ever Tuesday, the start of a48-hour Prime Day sales event that saw shoppers spend billions to buy more than 375 million items, the tech and e-commerce giant said Thursday after the end of the sale.

Tribune News Service

Amazon Celebrates Prime Day With Bullish Wall Street Ratings

E-commerce giant Amazon.com kicked off its annual Prime Day sales event on Tuesday with a couple of bullish Wall Street reports.

Investors Business Daily

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Shopping the next frontier for TikTok

JAKARTA: Inside a shophouse in Northeast Jakarta, dozens of salespeople take turns peddling cosmetics, contact lenses and hair accessories. A woman helps a potential customer choose the right shade of lipstick for her skin tone, while a man yells out the latest markdown on vitamin tablets.

Bangkok Post

Alibaba Stock Rises As China Concludes Probe Of Affiliate Ant Group

Chinese authorities on Friday ended a yearslong investigation of fintech company Ant Group, an affiliate of e-commerce leader Alibaba.

Investors Business Daily

Amazon CEO Andy Jassy On Chinese Competition, Prime Day And More

E-Commerce behemoth Amazon

Zenger

Buy or Hold for July 2023: Etsy, Inc. (ETSY)

Thanks to rapid digitization and increased internet penetration worldwide, the e-commerce sector has witnessed a boom over the past few years. Given this backdrop, is online marketplace operator Etsy (ETSY) resilient enough to brave the current market turbulence? Let’s look at its fundamentals to examine its prospects….

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Amazon Now Has Over 5,000 Rivian EDVs Making Deliveries Across The US

The e-commerce giant says that the Rivian-made vans have delivered more than 150 million packages across the US.

InsideEVs

Amazon Celebrates 27th Anniversary As E-Commerce Giant

From online book store to $1.33T valuation, a look back at Amazon's journey since its founding in 1994.

Zenger

What is a brushing scam? Why you may have received an unexpected Amazon parcel

Scammers are using names and addresses to commit fraud. Here’s how to protect yourself

Evening Standard

ContextLogic (WISH): Is it a Buy or Sell

Mobile e-commerce company ContextLogic (WISH) has been plagued by declining revenues and widening losses. While the company ramps up efforts to stage a turnaround, let’s analyze whether you should Buy or Sell the stock at the moment.

StockNews.com

Centre to issue norms against ‘dark patterns’ in online ads

Concerned over the increasing ‘dark patterns’ of misleading advertisements, creating false urgency, confirm-shaming, forced action, subscription traps and nagging on online platforms, the Union Consumer Affairs Ministry has decided to issue specific guidelines to control it.

The Hindu

Take a load off your mind with this one-stop logistics and supply chain solution

THE ARTICLES ON THESE PAGES ARE PRODUCED BY BUSINESS REPORTER, WHICH TAKES SOLE RESPONSIBILITY FOR THE CONTENTS

The Independent UK

Nothing Phone (2) preorders to begin well ahead of July launch

The next translucent phone from Nothing is launching on July 11 in multiple regions. However, the pre-order page has gone live already.

Android Central

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StockNews.com

3 Advertising Stocks You Should Watch

The advertising industry is well-positioned for growth due to the increasing use of personalized and highly customized advertisements and the growth of e-commerce, retail media, and social media. To that end, it could be wise to add fundamentally strong advertising stocks Ziff Davis (ZD), Criteo S.A. (CRTO), and Cimpress (CMPR)…

The New Daily

Prime reason to sue Amazon for catching customers in its web

A high profile lawsuit against e-commerce giant Amazon over so-called “dark patterns” will be familiar to regulators in Australia.

The Hindu

Many hoteliers in Bengaluru keen to get on ONDC platform to bring down service charges and commission cost

Tired of paying high service charge on food aggregator apps? Order on Open Network Digital Commerce (ONDC) to get your orders at lesser prices, many restaurateurs and hoteliers are saying now. With this e-commerce platform, consumers can save up to 20% of their cost when compared to other food aggregator apps.…

Investors Business Daily

Dow Jones Falls 375 Points After Key Housing Data; Alibaba Slides As CEO Steps Down

The Dow Jones Industrial Average dropped Tuesday after key housing data. Chinese e-commerce giant Alibaba slid after the CEO stepped down.

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The Independent UK

Chinese e-commerce giant Alibaba announces new CEO and chairman in major management reshuffle

China’s Alibaba Group has announced a major management reshuffle as the e-commerce giant restructures into six different business divisions to adapt to fast-changing technologies

Insider UK

Former Sainsbury's boss backs Snappy Shopper to prevail in delivery wars

The e-commerce group's latest results more than 50% year-on-year growth

The Independent UK

Chinese online shoppers are enticed by deep discounts, payment plans as zest for spending lags

Shoppers were treated to deep discounts, new products and payment plans as online merchants sought to revive their sluggish appetite for spending during China’s first major online shopping festival after the end of zero-COVID policies

The Independent UK

Consumption soft even amid deep discounts during major China shopping festival, analysts say

Chinese consumers have been snapping up billions worth of items in China’s first major online shopping festival after emerging from the pandemic as merchants slash prices, but analysts say that consumer confidence still remains weak as China re-emerges from the pandemic

Axios

Gear celebrating special counsel Jack Smith is hot as Dems embrace Trump foe

E-commerce shops are filling up with merchandise celebrating the Trump prosecutor.

Tribune News Service

Google is weaving generative AI into online shopping features

Google is bringing generative AI technology to shopping, aiming to get a jump on e-commerce sites like Amazon.com Inc.

StockNews.com

ContextLogic (WISH): Buy or Sell?

In April, e-commerce company ContextLogic (WISH) announced a stock repurchase program and a 1-for-30 reverse stock split. With significant implications of the developments for the stock, would it be wise to buy it now? Let’s look at its financial metrics to answer that….

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