Industry Keyword: e-commerce

EBay Inc has forecast bleak first-quarter results, as the e-commerce platform tackles waning online demand, stiff competition and global supply chain disruptions, sending the company's shares down nearly 9%. E-commerce companies raked in large profits...

Amazon.com Inc has become the poster child of technology giants bucking the trend of major conglomerates breaking up, thanks to bright growth prospects shielding it from pressure to follow suit, investors and dealmakers said. Investors...

SoftBank is likely to trim its stake in Chinese e-commerce giant Alibaba, an analyst has said, as the Japanese tech conglomerate invests in unlisted start-ups through its second Vision Fund and repurchases its shares. SoftBank...

Online marketplaces operated by China's Tencent Holdings and Alibaba Group were included on the US government's latest "notorious markets" list of entities that allegedly sell or facilitate the sale of counterfeit goods, the US...

Chinese e-commerce giant Alibaba Group Holding has released a virtual idol promoting the 2022 Beijing Olympics, riding on a trend that has swept China. Named "Dong Dong," the virtual idol, a computer-generated character, is "a...

Amazon.com Inc plans to more than double its base pay cap to $350,000, from its previous maximum salary of $160,000 for US employees, according to a company memo. The e-commerce giant will increase the overall...

Amazon pulled the veil off its sprawling advertising business for the first time, revealing a business larger than that of Google's YouTube. Amazon reported ad revenue of $9.7 billion for the fourth quarter, up 32%...

Chinese gaming and social media company Tencent Holdings has raised $3 billion by selling 14.5 million shares at $208 each in Sea, which owns e-commerce firm Shopee, according to a term sheet seen by...

China's cyber regulatory body has issued draft rules governing mobile apps, including a requirement for security reviews of apps whose functions could influence public opinion. The proposed regulations are part of a campaign run by...

Italy's antitrust watchdog said on Thursday it had fined Amazon 1.13 billion euros (approximately $1.28 billion) for alleged abuse of market dominance, in one of the biggest penalties imposed on a US tech giant...

For more than a decade, Alibaba Group has been China's undisputed e-commerce king but of late its crown has shown signs of slipping, unsettled by an influx of aggressive competitors into the sector. This week,...

Alibaba Group Holding Ltd said it will reorganise its international and domestic e-commerce businesses and replace its CFO - changes that come as the tech giant grapples with an onslaught of competition, a slowing...