The Latest Breaking News from e-commerce

Hibbett Inc (NASDAQ:HIBB) reported a first-quarter FY22 revenue decline of 16.3% year-over-year to $424.1 million, missing the consensus of $427.66 million. Comparable sales decreased 18.9% versus the prior year but increased by 22.9% in relation to the 1Q20. Brick and mortar comparable sales declined 22.0%, while e-commerce sales increased 4.1% The gross…

Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google and the Indian government have discussed integrating its shopping services with India's open e-commerce network ONDC, Reuters reports. Google's talks follow the success of its payments business due to the government's initiative for financial transactions, the Unified Payments Interface (UPI). An expert emphasized ONDC's need for a…

Alibaba Group Holding Limited's (NYSE:BABA) hunt for overseas growth is critical to offset sluggish demand at home by expanding in Europe through its Southeast Asian offshoot, Lazada, Reuters reports. Lazada plans to target local European vendors, while Alibaba's existing global platform, AliExpress, will continue to focus mainly on cross-border sales from China. However, the…

Google executive Prabhakar Raghavan recently had an issue with his rose bushes. His wife took a photo of the plants on her phone, uploaded the image to Google, identified the culprit and followed a link for a fungicide. Then she bought it.

KOTTAYAM

In this article I will analyze and compare Jumia Technologies and MercadoLibre to determine which e-commerce stock is currently a better investment.

Express Inc (NYSE:EXPR) reported first-quarter FY22 sales growth of 30% year-over-year to $450.79 million, beating the consensus of $435.74 million. Consolidated comparable sales increased 31% versus last year. E-commerce demand grew 21% Y/Y. Comparable retail sales, including Express stores and eCommerce, rose 32%, and comparable outlet store sales increased 30%. Operating expenses rose…

SAN FRANCISCO: A labour coalition on Tuesday said that Amazon delivery workers are getting hurt due to pressure by the e-commerce giant to quickly distribute heaps of packages to customers.

AppTech Payments Corp (NASDAQ:APCX) announced the closing of its acquisition of Hothand Inc.  AppTech now owns Hothand's portfolio of twelve patents focused on delivering, purchasing, or requesting any products or services within specific geolocation and time parameters provided by a consumer's cell phone anywhere in the U.S. Hothand is a patent-holding company that…