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CNBC
How Facebook Marketplace is keeping young people on the platform
Facebook Marketplace keeps users engaged with free listings, local pickups, and resale growth, helping Meta stay relevant despite declining teen activity.
PYMNTS.com
Ordoro Launches Small Business eCommerce Partnership With Syncware - PYMNTS.com
Ordoro Launches Small Business eCommerce Partnership With Syncware PYMNTS.com
Bloomberg
Alibaba Leads Competitors Playing Catchup With China’s DeepSeek - Bloomberg
Alibaba Leads Competitors Playing Catchup With China’s DeepSeek Bloomberg
CNBC
Amazon's One Medical CEO stepping down after less than two years at helm
Green was tapped to lead One Medical shortly after Amazon completed its $3.9 billion acquisition of the company.
PYMNTS.com
Amazon Plans to Release ‘Constellation’ of AI-Powered Devices - PYMNTS.com
Amazon Plans to Release ‘Constellation’ of AI-Powered Devices PYMNTS.com
PYMNTS.com
Swap Raises $40 Million to Launch eCommerce Inventory Tool - PYMNTS.com
Swap Raises $40 Million to Launch eCommerce Inventory Tool PYMNTS.com
Inc
Meta’s New Business AI Will Help You Sell Stuff to Customers
The program from Meta is designed to pursue sales according to your own playbook, even letting would-be buyers know about discounts or sales.
Fortune
With tariffs up in the air and e-commerce booming, Asia-based logistics companies are rushing to snap up U.S. warehouses - Fortune
With tariffs up in the air and e-commerce booming, Asia-based logistics companies are rushing to snap up U.S. warehouses Fortune
CNBC
Chinese EV startup Xpeng delivers over 30,000 cars for a fourth straight month
Chinese electric car company Xpeng delivered more than 30,000 cars for a fourth straight month in February, amid tepid growth in the market.
Bloomberg
Blackstone, Permira’s Adevinta Said to Near Willhaben Stake Sale
Adevinta ASA, the European online classified company backed by Blackstone Inc. and Permira, is nearing an agreement to sell its stake in Austrian digital marketplace Willhaben, according to people familiar with the matter.
CNBC
Amazon eyes global expansion for its Temu, Shein competitor
Amazon debuted Haul last year, offering makeup, apparel, accessories and other items that are often priced at or below $20.
Bloomberg L.P.
China’s Zara Tries Going Global in Hopes of Shein-Like Success
Fast-fashion retailer Shein blazed a trail for Chinese companies in the US and European markets. Now, another China-based apparel brand wants to replicate its success.
PYMNTS.com
Amazon Banking on Robotics Savings Amid Increased AI Spending - PYMNTS.com
Amazon Banking on Robotics Savings Amid Increased AI Spending PYMNTS.com
Reuters
Shein reports two child labour cases in 2024 as it increased supplier audits
Fast-fashion retailer Shein found two cases of child labour at its suppliers last year, the same number as in 2023, following more audits of its mostly China-based third-party manufacturers, the ...
The Financial Times
Amazon bets savings from automation can help fuel AI spending boom
Amazon is betting its multibillion-dollar investment in robotics will yield significant near-term savings, as the technology giant races to cut costs in its sprawling retail network amid rising ...
Reuters
Alibaba makes AI model for video, image generation publicly available
Chinese e-commerce leader Alibaba said on Wednesday its video- and image-generating artificial intelligence model Wan 2.1 is now publicly available - or open source - in a move likely to increase its ...
CNBC
Hims & Hers shares tumble 18% as margin miss adds to concerns about GLP-1 business
Hims & Hers Health reported fourth-quarter results on Monday that beat analysts' expectations, but the stock sank in extended trading.
CNBC
Just Eat shares soar 54% after Prosus offers to buy food delivery firm for $4.3 billion
Just Eat Takeaway.com is poised to be acquired by Dutch technology investor Prosus in a deal worth roughly 4.1 billion euros ($4.3 billion).
Bloomberg
Alibaba Plans to Spend $53 Billion on AI in a Major Pivot - Bloomberg
Alibaba Plans to Spend $53 Billion on AI in a Major Pivot Bloomberg
Bloomberg L.P.
South Africa Penalizes Google, Meta for Antitrust Moves
South Africa’s antitrust watchdog penalized technology companies including Alphabet Inc.’s Google and Meta Platforms Inc.’s Facebook for anti-competitive practices it said hurt local media companies.
Reuters
Shein's annual profit down by more than a third, FT reports
Online fast-fashion retailer Shein's profit dropped by more than a third last year, adding to its challenges ahead of a planned listing on the London Stock Exchange, the Financial Times reported on ...
The Financial Times
Shein profits slump in fresh challenge to long-planned London IPO
As a private company, Shein does not publish profit guidance but the 2024 figures were far lower than the $4.8bn in net profit and $45bn in sales the company had projected for 2024 in a presentation ...
CNBC
Fintechs like Block and PayPal are battling like never before to be your all-in-one online bank
Quarterly results from Block, Affirm and PayPal show that the major U.S. fintechs are converging as they all try to become the go-to digital bank.
scmp.com
Alibaba surges 15% in Hong Kong as market logs longest winning streak in 2 years
Alibaba’s revenue and profit in December quarter topped estimates, helping the Hang Seng Index log its longest winning run since January 2023.
Reuters
Alibaba shares open at three year-high as quarterly revenue rebounds - Reuters
Alibaba shares open at three year-high as quarterly revenue rebounds Reuters
ARPU
Alibaba's Strong December Quarter Fueled by AI and E-commerce Growth
Alibaba Group Holding Ltd. has reported its fastest revenue growth in over a year, signaling a strong turnaround in its commerce business and significant progress in artificial intelligence (AI), according to a Bloomberg report.The company announced an 8% increase in sales to 280.2 billion yuan ($38.6 billion)
scmp.com
Alibaba investors hail e-commerce giant’s AI pivot as it plots major investment outlay
Alibaba’s Hong Kong-listed shares surged 15 per cent on Friday, following an 8 per cent gain overnight in New York.
scmp.com
Alibaba surges 12% in Hong Kong as market logs longest winning streak in 2 years
Alibaba’s revenue and profit in December quarter topped estimates, helping the Hang Seng Index log its longest winning run since January 2023.
Bloomberg
Alibaba Surges as Comeback for Jack Ma’s Empire Takes Hold - Bloomberg
Alibaba Surges as Comeback for Jack Ma’s Empire Takes Hold Bloomberg
CNBC
Block shares fall on profit, revenue miss
Block, formerly known as Square, got off to a sluggish start on Wall Street this year after underperforming the Nasdaq in 2024.