Online Sales

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...

Target Forecasts Tepid 2020 Profit As Online Growth Slows

Target Corp has forecast full-year earnings largely below analysts' estimates and reported quarterly revenue for the holiday season below already lowered e...

Walmart Sees Slowing Online Sales Growth After Lacklustre Holiday Quarter

Walmart Inc forecast slowing online sales growth for the year after missing Wall Street expectations for quarterly sales and profit, hurt by a shorter holi...