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The Latest Breaking News from e-commerce

As Amazon Struggles, This Latin American E-Commerce Retailer Smashes Q1 Estimates

E-commerce giant Amazon, Inc. (NASDAQ: AMZN) reported first-quarter results in April that showed the slowest revenue growth since the dot-com bubble burst in 2001, and issued a weak forecast for the June quarter.

Benzinga

Better Buy: Alibaba vs. JD.com

In this article I will analyze and compare Alibaba Group Holding (BABA) and JD.com (JD) to determine which Chinese e-commerce stock is currently a better buy.

StockNews.com

Why Qurate Retail Shares Are Plunging Today

Qurate Retail Inc (NASDAQ:QRTEA) reported a first-quarter FY22 revenue decline of 13.6% year-on-year to $2.88 billion, missing the consensus of $3 billion. The e-commerce revenue declined 14% to $1.8 billion, constituting 61% of total revenue. QxH revenue decreased 13%, QVC International fell 13%, Zulily shed 38%, and Cornerstone increased 19%. The operating margin…

Benzinga

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ChannelAdvisor Registers 8% Revenue Growth In Q1 Backed By Subscription Revenue

ChannelAdvisor Corp (NYSE:ECOM) reported first-quarter FY22 revenue growth of 8% year-on-year to $42.3 million, marginally beating the consensus of $42.1 million. Subscription revenue increased 17% Y/Y. Brands' revenue climbed 32%, and Brands subscription revenue grew 36%. The non-GAAP gross margin contracted 330 bps to 75.8%. The adjusted EBITDA margin contracted 400 bps to 19%. ChannelAdvisor…

Benzinga

She's in the mood for modelling - Coleen Nolan joins Tilletts as a brand partner

£5m turnover Cleethorpes e-commerce outfit welcomes daytime television star as ambassador

Birmingham Post

Why Amazon Shares Are Getting Hammered

Amazon.com, Inc. (NASDAQ: AMZN) shares are trading lower by 7.63% at $2,326.37 in sympathy with e-Commerce peers Etsy Inc (NASDAQ: ETSY) and eBay Inc (NASDAQ:

Benzinga

De Well Files for Hong Kong IPO, Flush With New Ties to Cainiao

Key Takeaways: • Global logistics services provider De Well has filed for a Hong Kong IPO, aiming to boost its footprint on booming demand for cross-border e-commerce

Benzinga

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Here's How Criteo Fared In Q1

Criteo S.A. (NASDAQ:CRTO) reported first-quarter FY22 contribution ex-TAC growth of 2% Y/Y to $216.9 million, missing the consensus of $218.4 million. Contribution ex-TAC from Marketing Solutions rose 2% in CC to $186.1 million, and Retail Media grew 48% Y/Y to $30.8 million. Revenue decreased by 6% Y/Y, or 1% at constant currency, to…

Benzinga

7 High-Quality Tips To Boost E-Commerce Sales With SEO

This article was originally published on NisonCo and appears here with permission.

Benzinga

Swiggy to use drones to replenish grocery stocks in pilot project

The company sees the pilot project as a stepping stone in unearthing possibilities for drone-assisted deliveries in the e-commerce space

The Hindu

N-Squared seeks Series B funding

N-Squared eCommerce, a local e-commerce solutions provider, is set to raise Series B funding in the middle of this year as part of its strategy to drive international expansion and attain 10 billion baht in sales in Asean by 2024.

Bangkok Post

Madhya Pradesh HC denies bail to delivery boy in e-commerce drugs smuggling case

BHOPAL: The Gwalior bench of Madhya Pradesh high court has denied bail to a delivery boy who was arrested as part of a probe into a racket that allegedly used the Amazon network to smuggle marijuana. The Madhya Pradesh special task force (STF) has now constituted a special team to…

The Times of India

Kerala yet to get fresh e-commerce platform for farmers after winding up e-krishi

Data collected for expanding e-krishi was not used properly for any productive purpose

The Hindu

Mass Layoffs at 'China's Instagram': Tough Times or Primping for IPO?

Key takeaways: Xiaohongshu’s recent major layoffs could reflect a tough advertising market, even as it framed the move as normal workforce turnover Others reportedly laying off large numbers of workers include top livestream gaming platforms Huya and DouYu, whose planned merger was nixed by regulators last year

Benzinga

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StockNews.com

Here's Why Signet Jewelers Should Outperform in 2022

Signet Jewelers (SIG) posted solid fundamental performance thanks to robust growth in its e-commerce business and smooth progress in its Inspiring Brilliance strategy in its fiscal fourth quarter. In addition, the company is striving to strengthen its data analytics skills and is looking forward to bringing the connected commerce concept…

Benzinga

Walmart-Owned Indian E-tailer Flipkart Looking Into Metaverse, Web3 Foray

American retail giant Walmart Inc.'s (NYSE: WMT) Indian e-commerce arm Flipkart has launched an in-house innovation unit called 'Flipkart Labs' to explore ways to expand into the Metaverse and Web3.

Benzinga

Springbig Partners With Tymber To Launch Fully Integrated Loyalty Rewards Feature

Springbig, provider of SaaS-based marketing solutions, consumer mobile app experiences, and omnichannel loyalty programs to the cannabis industry, introduced its loyalty integration platform with Tymber, e-commerce platform for digital growth.

Bangkok Post

Alibaba looks to expand SE Asian arm Lazada to Europe: sources

SINGAPORE/SHANGHAI: Alibaba Group plans to expand its Southeast Asian arm, Lazada, to Europe, two sources familiar with the matter told Reuters, as the Chinese e-commerce company seeks further overseas growth amid slowing opportunities at home.

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The Times of India

NCLAT reserves order on Amazon's plea against CCI ruling

NEW DELHI: The National Company Law Appellate Tribunal (NCLAT) has reserved its order on Amazon's plea challenging the decision of regulator CCI to suspend approval for the e-commerce major's deal with Future Coupons.

Benzinga

Sterling's E-Infrastructure Solutions Bags $278M New Awards In Q1

Sterling Construction Company, Inc's (NASDAQ:STRL) E-Infrastructure Solutions segment reported new awards of $278 million during the first quarter of 2022. Sterling's E-Infrastructure projects include large-scale site development services for e-commerce distribution centers, data centers, and warehouses. "Our E-Infrastructure Solutions segment has delivered a strong start for 2022, as is evident with the awarded…

Benzinga

Ryder Opens Third Multiclient Distribution Center In Columbus

Ryder System, Inc. (NYSE:R) opened a third multiclient omnichannel distribution center in Columbus, Ohio. The center is ~440,000 square feet and is the largest Ryder e-commerce distribution center in the Columbus area. "This latest expansion aligns with our broader strategy to get ever-closer to the end consumer to continually improve our customers'…

Bangkok Post

How Bricks Might Save Clicks

The future of e-commerce could be coming to a local mall near you.

Benzinga

Credit Suisse Lists Reason Behind Its Bullishness On Amazon Ahead Of Q1

Credit Suisse reiterated its Outperform rating on Amazon.com Inc (NASDAQ:AMZN), leaving its price target unchanged at $4,100 (38.3% upside) ahead of its Q1 FY22 results. Amazon had spent more money on e-commerce-focused CapEx in the last two years than it has in the prior decade preceding the pandemic, with greater willingness to own fulfillment/transport…

Bangkok Post

Committee approves draft e-commerce action plan

The government vows to move forward with its e-commerce development plan, aiming to increase domestic e-commerce revenue to more than 7.1 trillion baht by 2027, average growth of 10% annually.

Benzinga

Bon Natural Life Plans To Launch New Multi-Functional Health Supplements

Bon Natural Life Ltd (NASDAQ:BON) has developed new nutraceutical compounds, Glucoraphanin (GF) and Sulforaphane (SFN), extracted from cruciferous vegetables. The compounds could provide immunity support and improve certain regulatory health functions. The company plans to launch GF and SFN-based consumer products, including immune system boosters, digestive boosters, sleep aid products, and weight loss…

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