online marketplace

Alibaba Office Building

Anti-monopoly fine pushes Alibaba to first operating loss as public company

China’s top e-commerce platform Alibaba Group posted its first quarterly operating loss since going public in 2014 due to a record anti-monopoly fine by the country’s m...

Global-e e-commerce vendor

Israel’s Global-e valued at nearly $3.6 billion in Nasdaq debut

Shares of Global-e Online Ltd rose as much as 1% in their Nasdaq debut yesterday, giving the cross-border e-commerce platform a market capitalization of nearly $3.6 billion.

Platform News: Jack Ma, the founder of Alibaba

Jack Ma makes rare visit to Alibaba headquarters in Hangzhou

Alibaba founder Jack Ma, largely out of public view amid a regulatory clampdown on the group, made a rare visit to its Hangzhou campus during the e-commerce giant’s annual &#...

Platform News: ZipRecruiter

ZipRecruiter files to go public via direct listing

Online job marketplace ZipRecruiter has filed to go public through a direct listing on the New York Stock Exchange, the company said on Friday.

Platform News: Japan's SoftBank

SoftBank Vision Fund seen posting record earnings on Coupang

SoftBank’s $100 billion Vision Fund is widely seen reporting record earnings on the 12th of May after portfolio companies listed during the quarter, mostly driven by gain on ...

Platform News: Delivery Services across the world

Gojek, Tokopedia in $18 billion merger talks for Indonesia’s biggest deal

Indonesian ride-hailing and payments company Gojek and e-commerce leader Tokopedia are in advanced talks to secure a $18 billion merger before a possible dual listing in Jakarta an...

Platform News: Alibaba online marketplace

Alibaba beats sales forecasts on China e-commerce growth

Alibaba Group beat third quarterly revenue estimates on Thursday, driven by e-commerce expansion after China arose from coronavirus lockdowns, and said it was assessing the suspens...

Platform News: TikTok office building in the US

Shopify to partner with TikTok in bid to woo more merchants to site

Canadian e-commerce firm Shopify said it will associate with TikTok to help its one million-plus merchants more easily advertise their goods on the brand new app, as it seems to gr...

Platform News: Worker at an automated Amazon Warehouse

US senators ask Amazon if it tracks employees, curbs bids to form unions

Four Democratic senators have sent a letter to Amazon.com Inc’s CEO Jeff Bezos, requiring answers on its alleged movements to monitor and monitor employees and restrict attem...

Platform Industry News: Amazon

Amazon UK pays just $8 million corporation tax as sales hit $17.5 billion

Amazon.com’s main UK subsidiary, Amazon UK Services Ltd, paid only 6.3 million pounds (approximately $8 million) in corporation tax in 2019 despite the group reporting over $...

Platform Economy: Walmart retail store and online marketplace

This is why Walmart still wants in on the TikTok deal

Walmart stated it is pressing forward with its wish to put money into TikTok as Oracle takes the lead in a partnership with the Chinese video-sharing program.

Platform News: Amazon building

Amazon’s latest grocery store concept opens, complete with high-tech carts

Amazon.com has said it is opening a supermarket in the Los Angeles metro area with shopping carts that allow customers skip checkout lines, since the e-commerce company builds out ...

Platform Economy: Woman shopping on an e-commerce website

Next, Zalando and Amazon drop Boohoo over worker rights allegations

Prominent retail businesses Next, Zalando and Amazon are delisting products made by Boohoo following a media report about dire working conditions in an English factory that supplie...