E-Commerce

CNBC
Tesla loses $152 billion in market cap after Musk-Trump spat, biggest hit ever
The drop comes as shares of the EV maker saw a 22% rally in May with Musk wrapping up his time as head of Trump's Department of Government Efficiency, or DOGE.
Reuters
Amazon's delivery, logistics get an AI boost | Reuters
He also worked for Bloomberg News writing about the auto and telecommunications industries. He studied English literature at The University of...
SiliconANGLE
Amazon's secretive research lab is developing robots with integrated agentic AI software
... technologies for delivery drivers in an effort to improve their efficiency. The tech will provide more granular detail on things such as building...
Bloomberg
Rivian CEO Calls Trump-Musk Bickering ‘Interesting’
The Bloomberg Tech conference stage in San Francisco, on June 5.
Rivian CEO Calls Trump-Musk Bickering ‘Interesting’
Axios
Amazon to invest $10 billion into AI data centers in North Carolina - Axios
A worker assembles a box at an Amazon fulfillment center in Raleigh. Photo: Rachel Jessen/Bloomberg via Getty Images. E-commerce giant Amazon will...
PYMNTS.com
Amazon Aims to Use AI to Help Robots Understand Natural Language Commands
Amazon said Wednesday (June 4) that its latest artificial intelligence (AI) ... News, Proteus, PYMNTS News, robotics, Supply Chain Optimization...
South China Morning Post
Alibaba, JD.com sales surge during 618 shopping festival on the back of subsidy programme
Alibaba owns the South China Morning Post. For JD.com, sales of home appliances and electronics rose about 380 per cent year on year in the first hour...
CNBC
Venmo adds debit card perks, checkout options in push to catch rival Cash App
PayPal says 45% of branded U.S. checkout now runs through its platform, with Venmo integrated at brands like Uber, Starbucks, and TikTok Shop.
CNBC
$TRUMP crypto wallet launches for president's meme token
An NFT marketplace is building a $TRUMP meme coin wallet, complete with bitcoin trading, referral rewards, and $1 million in token giveaways.
Tech in Asia
German regulator warns Amazon on price controls - Tech in Asia
... Ecommerce. ·. News. German regulator warns Amazon on price controls. Germany's Federal Cartel Office has issued a warning to Amazon.com Inc. regarding...
Bloomberg
Victoria’s Secret Says Security Incident That Shut Down Website May Hurt Results
Victoria’s Secret & Co. said a security incident that caused it to shut down its e-commerce site may hurt results for the current quarter.
Victoria’s Secret Says Security Incident That Shut Down Website May Hurt Results
SCMP
Alibaba, JD.com sales surge during 618 festival, thanks to subsidy programme
Chinese e-commerce giants Alibaba Group Holding and JD.com are seeing strong sales momentum in their respective campaigns for this year’s 618 shopping festival, on the back of the government’s national subsidy programme. Preliminary 618 retail data from Taobao and Tmall Group (TTG), Alibaba’s domestic e-commerce unit, showed sales of categories that benefit from government subsidies – including consumer electronics products and home appliances – surged 283 per cent during the campaign’s initial...
CNBC
Robinhood's $200 million Bitstamp deal takes it beyond retail trading
Robinhood will keep Bitstamp’s operations intact for now, using the exchange for smart order routing and expanding its presence across Europe, the UK and Asia.
CNBC
Amazon's pricing controls may be anticompetitive, German regulator warns
Regulators alleged that Amazon's price caps limit the visibility of merchants' products and interfere with their freedom to set prices.
South China Morning Post
China's Dragon Boat Festival coincides with second holiday, fuelling boom in family tourism
Alibaba owns the South China Morning Post. Family hotel packages that include hotels, food and entertainment had risen by 24 per cent over the...
Bloomberg
Amazon Hit by German Warning Over Price Controls on Marketplace
Amazon.com Inc. was warned by Germany’s antitrust watchdog that price controls for retailers on its marketplace are likely to violate national and European Union laws.
Amazon Hit by German Warning Over Price Controls on Marketplace
Bloomberg.com
Big Tech Is Back in S&P 500 Driver's Seat as Profit Engines Hum - Bloomberg.com
... Tech results that showed demand for things like cloud-computing services, software, electronic devices and digital advertising remain intact even...
PYMNTS.com
Walmart Embraces Agentic AI in New Era of Retail | PYMNTS.com
... AI. See More In: AI agents, artificial intelligence, automation, chatbots, ecommerce, GenAI, Innovation, News, PYMNTS News, Retail, Technology,...
PYMNTS.com
From Surge to Stall: How Retail Giants Amazon and Walmart Are Navigating a Post-Boom Economy
The retail landscape is dominated by the intense rivalry between eCommerce titan Amazon and brick-and-mortar giant Walmart. Yet retail's two...
SCMP
Chinese robotics star Agibot adds JD.com as investor, joining Tencent
Chinese e-commerce giant JD.com has recently become a shareholder in Tencent Holdings-backed robotics star AgiBot, as China’s robotics industry has become one of the most closely watched sectors this year among investors and tech giants. AgiBot, also known as Zhiyuan Robotics, was established in 2023 by a founding team that included Huawei Technologies veterans and professors. The company recently added JD subsidiary JD Technology as a shareholder of its main entity, Shanghai Zhiyuan New...
CNBC
Amazon taps Xbox co-founder to lead new team developing 'breakthrough' consumer products
A former Microsoft executive is leading a new team at Amazon within the company's devices unit.
Bloomberg
Amazon-Owned Blink Debuts Doorbell Cam With Wider View, Person Detection
Blink, the Amazon.com Inc.-owned hardware brand known for its connected doorbells and video cameras, introduced new devices on Thursday, the latest entries in a saturated market for smart-home gadgets.
Amazon-Owned Blink Debuts Doorbell Cam With Wider View, Person Detection
PYMNTS.com
Amazon and Walmart Hit the Wall as Shoppers Shift Spending | PYMNTS.com
The intense rivalry between eCommerce titan Amazon and brick-and-mortar giant Walmart has long pitted the two companies against each other. Now...
PYMNTS.com
Amazon and Walmart Turn Groceries, Health and Data Into Distinct Empires
From AI-powered experiences to healthcare integration and strategic real estate moves to navigating economic uncertainty, the strategies of Amazon and...
Bloomberg
Best Buy Falls After Trimming Outlook on Hit From Tariffs
Best Buy Co. reduced its sales and profit outlook in response to US tariffs. But in a sign of the trade war’s volatility, that forecast might soon be outdated after a US court on Wednesday struck down many of President Donald Trump’s levies.
Best Buy Falls After Trimming Outlook on Hit From Tariffs
Bloomberg
HP Plunges After Cutting Profit Outlook on Tariffs, Economy
Shares of HP Inc. dropped as much as 13% on Thursday after the company issued a weak profit outlook and cut its annual earnings forecast, pointing toward a weaker economy and continuing impact from US tariffs against China.
HP Plunges After Cutting Profit Outlook on Tariffs, Economy
Bloomberg
Victoria’s Secret Faces Lengthy Outage After Security Issue
Victoria’s Secret & Co. shares fell after the lingerie maker took down its website and some in-store services to address a “security incident.”
Victoria’s Secret Faces Lengthy Outage After Security Issue
Bloomberg
India Asks E-Commerce Firms to Stop Deceptive Shopping Practices
India’s government asked e-commerce platforms and retailers to remove so-called ‘dark patterns’ or deceptive actions that manipulate customers into making unintended purchases.
India Asks E-Commerce Firms to Stop Deceptive Shopping Practices
CNBC
Instacart names Chris Rogers as CEO after Fidji Simo's exit for OpenAI
Instacart has appointed business chief Chris Rogers as its new CEO, less than a month after OpenAI announced CEO Fidji Simo as its new operations chief.
South China Morning Post
Alibaba touts rapid growth in fast-delivery service in heated race with Meituan, JD.com
Alibaba's Taobao Instant Commerce service and Ele.me have surpassed 40 million daily orders within a month of launch, the company says.