Technology - E-Commerce

Groupon Loses CTO As Executive Exodus Continues Amid Slowdown

Groupon Inc. Chief Technology Officer Sri Viswanath has left the online marketplace, the latest executive to depart in recent months as the company struggl...

Naspers To Seek E-Commerce, Video Deals With $2.5 Billion Funds

Naspers Ltd. plans to use the proceeds of a proposed $2.5 billion capital raising to invest in online retail and video opportunities as Africa’s bigg...

Carrefour Buys Online Retailer Rue du Commerce

Carrefour has acquired prime internet retailer Rue du Commerce following a ruling by the European Union’s competition authority which judged the take...

Walmart Online Performance Improves By 10% During Q3

Walmart's online channel’s sales figures improved during the third quarter of the 2015-16 financial year by ten per cent on a like-for-like basis, ls...

French E-Commerce Grows By 15% During Q3

New data has revealed that France's e-commerce sector grew during 2015’s third quarter by 15 per cent, generating a turnover of €15.5 billi...

Amazon Masks Deepening Wounds In Retail Stocks Before Holidays

Investors won’t find much to celebrate if U.S. retailers continue their descent. The megalith that is Amazon.com Inc. is overshadowing broader weakne...

Kenwood World Named Best Ecommerce Website

Small appliance manufacturer Kenwood and digital agency Netcel have won the Best Ecommerce Website award, for the Kenwood World eCommerce website, at the E...

Target Launches International Ecommerce Website

Target has launched an international eCommerce website to allow global online shoppers to purchase its products. Intl.Target.com features around 50 per...