E-Commerce

A Gulfstream G700 private jet linked to Bezos landed in Dulles, Virginia, outside of Washington, D.C., on July 14 before taking off the next day.

Read more CNBC tech news ... Amazon has introduced a flurry of AI products, including its own set of Nova models, Trainium chips, a shopping chatbot,...

Target will stop the practice of matching the prices of products from rival retailers like Walmart and Amazon beginning July 28 ... The eCommerce giant...

The move signals a bold shift from traditional bridal retail to a digital-first, multi-occasion fashion and media company, with AI and data driving...

OpenAI and the U.K. government signed a strategic partnership that encompasses artificial intelligence (AI) infrastructure, employment and...

Block jumped after being tapped to join the S&P 500, a move that sets the stage for index investors to buy the stock.

Aggressive spending on artificial intelligence is mostly being rewarded in the stock market these days. But when it comes to Amazon.com Inc.,...

Chinese e-commerce group JD.com reportedly bought a majority stake in Hong Kong grocery chain Kai Bo, marking the mainland company’s latest effort to expand its global presence. JD.com spent HK$4 billion (US$509 million) to acquire 70 per cent of Kai Bo Food Supermarket, with the deal involving the grocer’s retail network and property assets, Hong Kong media outlet HK01 reported on Monday, citing anonymous sources. Kai Bo did not immediately respond to a request for comment. A JD.com...

Chinese e-commerce group JD.com reportedly bought a majority stake in Hong Kong grocery chain Kai Bo, marking the mainland company’s latest effort to expand its global presence. JD.com spent HK$4 billion (US$509 million) to acquire 70 per cent of Kai Bo Food Supermarket, with the deal involving the grocer’s retail network and property assets, Hong Kong media outlet HK01 reported on Monday, citing anonymous sources. Kai Bo did not immediately respond to a request for comment. A JD.com...

Chinese tech giants from ByteDance and Huawei Technologies to Alibaba Group Holding are playing an increasingly important role in Dubai’s burgeoning tech industry, as the emirate seeks to diversify its economy beyond its historical reliance on oil. Central to that transformation is the Dubai Internet City (DIC) – a tech park near the upscale neighbourhood of Palm Jumeirah, a palm tree-shaped archipelago – which hosts global Big Tech companies including Microsoft, Google and Amazon.com, along...

Alibaba owns the South China Morning Post. The SAMR said those companies must adhere to e-commerce, anti-unfair competition, and food safety laws, and...

Amazon's emissions increased 6 percent last year, as the e-commerce and cloud computing giant continued to expand its artificial intelligence (AI)...

China’s State Administration for Market Regulation (SAMR) on Friday summoned major online food delivery platforms – Alibaba Group Holding’s Ele.me, Meituan, and JD.com – urging them to engage in “rational” competition amid a prolonged price war. The meeting aimed to “further regulate promotion behaviours, encourage rational competition, and foster a healthy ecosystem and win-win situation for consumers, merchants, delivery riders, and platform operators”, the regulator said in an...

Block is joining the S&P 500, replacing Hess as of July 23.

Eric Jackson has been posting obsessively about Opendoor as part of an effort to spark a rally in shares of the online real estate service.

Asked about Meituan's thoughts on its rivals' subsidy programmes including Alibaba's pledge, Wang said it was “definitely an irrational competition”...

Leave it to an online bazaar to sell a creative financial swap. Chinese e-commerce giant Alibaba just raised $1.5 billion with a zero-coupon bond...

Amazon has continued to lay off groups of employees this year eliminating more than 27,000 roles since 2022.

A Meituan executive said the company had no choice but to join the latest round of what he called “irrational competition” against rivals JD.com and Alibaba Group Holding in China’s instant delivery sector, even though the blizzard of discounts being offered to woo buyers had become disconnected from business fundamentals. “We didn’t want to take part in [the price war], as we don’t think it makes sense,” Wang Puzhong, head of Beijing-based Meituan’s core local commerce business, said in an...

Ocado Group Plc posted a rare pretax profit helped by the valuation of its grocery delivery joint venture with Marks & Spencer Group Plc.

Coinbase is looking to reach a new subset of consumers who aren't necessarily interested in buying or trading crypto, the company's core business.

Amazon.com Inc.’s carbon emissions rose for the first time in three years in 2024, driven by data center construction and fuel consumption by its delivery providers.

A leading Chinese state media outlet has expressed support for the nation’s internet platform operators, emphasising their importance alongside hard-tech companies like chip manufacturers, as it adopts a positive tone that reflects Beijing’s friendly stance towards e-commerce companies. According to the editorial published by the Economic Daily on Wednesday, food delivery and “hard-tech” breakthroughs – such as advances in high-speed trains and aerospace technologies – represented two key...

Alibaba Group Holding will roll out a programme called “Super Saturdays” over the next 100 days to lure more consumers to its platform, while escalating a price war against Meituan and JD.com in the mainland’s on-demand delivery services market. Under Alibaba’s instant commerce brand Taobao Shangou, “Super Saturdays” would offer consumers up to 188 yuan (US$26) in subsidies for the purchase and delivery of low-cost goods such as milk tea and breakfast meals, according to a report by state-owned...

Amazon's Prime Day, which leads to an overall boost to U.S. e-commerce thanks to competitive sales, saw a significant increase in retail traffic...

German commercial property prices are at risk of further declines as structural changes such as the shift to online shopping and home office as well as stricter energy requirements weigh on the sector, according to a regular report from a government-led commission.

Alibaba Group Holding tied its own record of 80 million on-demand deliveries on Saturday, the e-commerce giant reported on Monday, as it wages an...

The eCommerce giant announced Saturday (July 12) that its yearly summer sale produced record sales and savings in its newly expanded four-day form...

China's 'instant commerce' sector is experiencing a cut-throat price war with companies launching massive subsidy programs and other promotions.

The so-called Magnificent Seven firms — Apple Inc., Microsoft, Alphabet, Amazon, Nvidia Corp., Meta and Tesla Inc. — are expected to post a 14% rise...