Technology - E-Commerce

Walmart's Exit Raises Questions About JD.com's Future

JD.com needs to convince investors of its relevance amid a stagnant Chinese e-commerce market, aggressive price war and now, the departure of Walmart.

Sweden Sees Growth In Online Turnover In June: Svensk Handel

E-commerce turnover in Sweden increased 17% year on year in June, to SEK 14.6 billion, according to Svensk Handel.

Alibaba To Upgrade Hong Kong Listing In A Bid To Attract Chinese Investment

Shareholders of Chinese e-commerce giant Alibaba have approved a plan to upgrade its Hong Kong listing to primary status.

China's Spending Slump Weighs As Alibaba Misses Estimates

Alibaba Group Holding missed market expectations for first-quarter revenue, as the company's domestic e-commerce sales came under pressure from cautious sp...

Chinese E-Commerce Giant JD.com Beats Estimates For Quarterly Profit

China's JD.com beat estimates for quarterly profit, helped by a mid-year sales festival and aggressive price cuts that drove more cost-sensitive consu...

Ocado Opens Its First CFC In Spain With Alcampo

Ocado has commenced operations at its first customer fulfilment centre (CFC) in Spain in association with Alcampo.

US Online Sales Hit $7.2bn On First Day Of Amazon Prime Day Event, Adobe Says

Shoppers spent about $7.2 billion online across retailers during the first day of Amazon's Prime Day in the United States on 17 July, according to a report...

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Cross-Border E-Commerce Highest In Austria, Israel And Belgium

More than eight in ten Austrian shoppers purchased goods via cross-border e-commerce platforms last year, with Israel and Belgium displaying similarly high...