Technology - E-Commerce

Alipay Owner Said To Start China IPO Process As Soon As 2016

Alibaba Group Holding Ltd.’s finance affiliate is planning an initial public offering on Shanghai’s main board in what could be China’s h...

Amazon Payments Persuades Small Retailers To Work With 'The Devil'

Amazon.com Inc.'s relaunch of its online payments business in 2013 was greeted with skepticism. PayPal Holdings Inc. had a huge head start a...

Ocado Confident For Technology Licensing Deal After Missing Goal

Ocado Group Plc said that it remains confident of licensing its distribution-centre technology, reassuring investors after the UK online grocer m...

Online Surge Means Many Not-So-Happy Returns for Retailers

A surge in online sales in the US this holiday season is boosting expenses for some retailers as more shoppers return merchandise purchased with the click...

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...