E-Commerce

Over 5.5 Million Shop Online In Portugal, Pingo Doce Most Affordable Supermarket

More than 5.5 million people in Portugal, representing 64% of the population, shopped online as of the end of 2024, according to Marktest's e-Commerce Baro...

Alibaba Plans Major AI Investment As Q3 Revenues Rebound

Alibaba flagged plans to invest more in its 'core businesses' of e-commerce and AI-powered cloud computing after reporting third-quarter revenues just abov...

Walmart's Fiscal 2026 Profit Forecast Falls Short Of Estimates

Walmart has forecast profit for the fiscal year ending January 2026 below Wall Street estimates, suggesting the world's largest retailer expects inflation-...

Carrefour Posts 'Solid' FY 2024 Performance, Core Countries Drive Growth

French retailer Carrefour has posted solid results for its 2024 financial year driven by profitability in its core countries.

M&S Consolidates International Leadership With Three New Appointments

Marks & Spencer has announced three new senior appointments as part of its efforts to consolidate its international business.

Walmart's Mexico Unit Sees Q4 Profit Up

Walmart's Mexico and Central America unit reported a 1.4% bump in its fourth-quarter net profit, slightly below analysts' forecasts as its general expenses...

DoorDash Tops Quarterly Revenue Estimates On Strong Online Orders During Holidays

DoorDash topped analysts' estimate for quarterly revenue and total orders, as customers turned to its online platform to buy everything from food ...

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Why The Pet Food Business Matters To Nestlé

Analysts at Barclays noted that while there are many moving parts at Nestlé, petfood is crucial for the company as it is one of the two key categori...