Technology - E-Commerce

Ocado Technology’s Shiri Mosenzon-Erez On Navigating the Digital Transformation

Shiri Mosenzon-Erez has held the role of chief product officer at Ocado Technology since September 2022, during which time she has helped retailers “...

US E-Commerce Penetration Rate Hits 87%, Study Finds

E-commerce penetration in the United States stands at 87%, well ahead of most European countries, a new study by Stocklytics.com has found.

Card Payments To Make Way For More 'Seamless' Payment Formats, Study Finds

Credit card and debit card payments are set to account for 19% of overall online transactions by 2028, down from 31% in 2023, as emerging payment formats g...

Alibaba Makes Second Biggest Quarterly Share Repurchase Worth $4.8bn

Alibaba Group has bought back shares worth $4.8 billion (€4.5 billion) in the quarter ended March, the Chinese e-commerce giant said, in its second bi...

Alibaba Groceries Arm Freshippo CEO To Retire

Freshippo, the groceries arm of e-commerce giant Alibaba Group, has told its staff that its CEO Hou Yi will step down and retire and be replaced by the uni...

Amazon Earned €581 Per Second In 2023, Study Finds

Online giant Amazon earned $636 (€581) per second last year, new data on the global e-commerce market has found, more than its Chinese rivals Alibaba...

Alibaba Boosts Share Buy Back As Revenues Miss Estimates

China's Alibaba Group Holding missed analysts' estimates for third-quarter revenue, hurt by softness in the retail market and sagging economic recovery in...