Online Sales

Walmart Beats Profit Estimates As Online Sales Hit Record On Pandemic Boost

Walmart Inc posted its biggest-ever growth in online sales on Tuesday as shoppers placed orders for everything from electronics and toys to groceries from...

China's JD.com Posts Upbeat Results As Online Orders Surge

China's JD.com Inc beat analysts' estimates for quarterly sales, as the firm benefited from a shift in shopping habits of domestic consumers who have large...

Online Sales See 'Significant' Growth In The Czech Republic: APEK

The Czech Republic has witnessed a sharp year-on-year increase in online sales in 2020 as coronavirus changed the course of shopping globally, a study ...

Alibaba's Jack Ma Sells $8.2bn Worth Shares, Stake Dips To 4.8%

Alibaba Group Holding Ltd co-founder Jack Ma has cut his stake in the company over the past year to 4.8% from 6.2%, cashing out around $8.2 billion at...

Instacart Valued At Nearly $14bn In Latest Funding Amid Online Sales Boom

Instacart said it had raised $225 million in a new funding round, valuing it at $13.7 billion, as the grocery delivery company cashes in on a surge in onli...

Alibaba Revenue, Profit Beat Estimates As Online Sales Surge During Lockdown

China's Alibaba Group Holding Ltd reported better-than-expected quarterly revenue and profit, as the COVID-19 lockdowns drove more people to shop online fo...

Target's Online Sales Skyrocket As Shoppers Stock Up From Their Homes

A surge in digital sales for US retailer Target Corp in March and April offset the bulk of damage done by coronavirus lockdowns to in-store sales, but its...

Aldi UK To Sell Food Online For First Time During Coronavirus Crisis

Discount supermarket chain Aldi UK is to sell groceries online for the first time to help vulnerable people and those self-isolating during the coronavirus...