E-Commerce

Bloomberg
TikTok Cuts More Workers From US E-Commerce Division
TikTok is cutting more workers from its US e-commerce division, TikTok Shop, the third round of layoffs for that team since April.
TikTok Cuts More Workers From US E-Commerce Division
PYMNTS.com
Amazon Nearing Equal Number of Human and Robot Warehouse Workers | PYMNTS.com
That's according to a report Tuesday (July 1) by The Wall Street Journal (WSJ), which points out that the eCommerce giant is approaching another...
Bloomberg
Alibaba Offers $7 Billion of Subsidies to Defend Turf in China - Bloomberg
Alibaba Group Holding Ltd is offering 50 billion yuan ($7 billion) of subsidies for food deliveries and online retail to boost its instant...
CNBC
Jim Cramer is bullish on Amazon's satellite initiative, and Apple rebounds on AI report
Jim Cramer is bullish on Amazon's satellite initiative, and Apple rebounds on AI report. Published Tue, Jul 1 202512:34 PM EDT. thumbnail. Natasha...
TechCrunch
Amazon deploys its 1 millionth robot, releases generative AI model - TechCrunch
As Amazon's fleet of robots has reaches a milestone, the company is also releasing a new AI model to make them more efficient.
SCMP
Alibaba’s US$7 billion subsidy deepens China’s instant shopping battle
Alibaba Group Holding’s instant commerce service announced on Wednesday a substantial subsidy programme totalling 50 billion yuan (US$7 billion) over the next 12 months for both consumers and merchants, intensifying the fierce competition in China’s on-demand delivery sector, where JD.com and Meituan are also major players. Consumers using Taobao’s in-app Shangou service, the instant commerce business of Alibaba, will enjoy significant incentives, including cash vouchers, free purchase coupons,...
CNBC
Amazon deploys its 1 millionth robot in a sign of more job automation
Amazon announced its millionth worker robot, and said its entire fleet will be powered by a newly launched generative artificial intelligence model.
CNBC
Tesla shares drop on Musk, Trump feud ahead of Q2 deliveries
Tesla shares dropped 7% from Friday's closing price of $323.63 to the $300.71 close on Tuesday ahead of the company's second-quarter deliveries report.
CNBC
Jeff Bezos sells $737 million worth of Amazon shares
The sale is part of a prearranged trading plan that will let Amazon founder Jeff Bezos sell up to 25 million shares through May 2026.
Bloomberg
E-Commerce Firm Jumia Draws Takeover Interest From Axian
Jumia Technologies AG, the biggest e-commerce company in Africa, has drawn takeover interest from telecommunications company Axian Telecom, people familiar with the matter said.
E-Commerce Firm Jumia Draws Takeover Interest From Axian
CNBC
Amazon CEO says AI will mean 'fewer people' do jobs that get automated - CNBC
Amazon CEO Andy Jassy said that while the company continues to hire for AI, some jobs will require fewer employees because of automation.
PYMNTS.com
Know Your Sector, Know Your Scam: eCommerce Fraud in 2025 | PYMNTS.com
Amazon released its annual counterfeit crime report, and eCommerce scams are evolving as fast as the platforms they exploit.
Bloomberg
M&S Expects Cyberattack Impact to Be Over By August, CEO Says
Marks and Spencer Group Plc expects its online services to be fully restored in the next four weeks as it continues to recover from April’s cyberattack, Chief Executive Officer Stuart Machin said.
M&S Expects Cyberattack Impact to Be Over By August, CEO Says
Bloomberg
Amazon Aims for ‘Fast and Faster’ in India as Quick Commerce Surges
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Sankalp Phartiyal looks at the task ahead for Amazon as it tries to keep pace with local upstarts offering far faster delivery in the hotly competitive Indian market.
Amazon Aims for ‘Fast and Faster’ in India as Quick Commerce Surges
SCMP
TikTok Shop launches in Japan as app faces uncertainty in US
TikTok has launched its e-commerce platform in Japan, enabling users to directly buy products featured in videos, as the app continues to face an uncertain future in the US. TikTok Shop’s launch in Japan on Monday confirms the Post’s earlier report that the popular short-video app is seeking to diversify its global footprint while reducing its reliance on the US market, as President Donald Trump has demanded the app’s US operations be sold to American investors. Trump said in an interview with...
CNBC
Robinhood expands its global push, minutes from crypto chief's old cramped apartment in Cannes
Robinhood is offering tokenized U.S. stocks and ETFs across Europe, crypto staking in the U.S., perpetual futures for eligible EU traders, and a new blockchain.
Bloomberg
Amazon Misses Out on Switch 2 Sales After Nintendo Pulled Products From US Site
Nintendo Co. pulled its products from Amazon.com Inc.’s US site after a disagreement over unauthorized sales, meaning the e-commerce company missed out on the recent debut of Nintendo’s Switch 2 — the biggest game console launch of all time.
Amazon Misses Out on Switch 2 Sales After Nintendo Pulled Products From US Site
CNBC
Tesla's IPO was 15 years ago. The stock is up almost 300-fold since then
A $10,000 investment in Tesla at the time of its 2010 IPO would now be worth close to $3 million.
PYMNTS.com
Alibaba.Com adds Balance's B2B BNPL for US Business Users | PYMNTS.com
Alibaba.com's U.S. business users can now select Balance's B2B buy now, pay later (BNPL) as a payment method at checkout.
Bloomberg
Alibaba Unveils Latest AI Service for Images in Push for Users - Bloomberg
Alibaba Group Holding Ltd. unveiled a new iteration of its artificial-intelligence technology that will make it easier for users to generate and...
CNBC
Stablecoins go mainstream: Why banks and credit card firms are issuing their own crypto tokens
Stablecoins are seemingly everywhere, with Mastercard, Visa and JPMorgan all making recent moves in the crypto token space.
SCMP
Alibaba unveils new AI model for more precise image creation
Alibaba Group Holding has launched a new artificial intelligence (AI) model, Qwen VLo, said to be capable of generating and editing images with a finesse akin to that of a human artist, intensifying the competition in multimodal models as the tech giant seeks to redefine itself as an AI leader. Released on Friday, Qwen VLo was a “comprehensive upgrade” from previous models like QwenVL and Qwen2.5 VL, the company said. It could better understand input and create more precise images, accommodate...
South China Morning Post
Alibaba trims key governance body as it embraces AI and bets on younger leaders
Alibaba Group Holding has trimmed its partnership – a key corporate governance body for the e-commerce and artificial intelligence (AI) giant – as...
PYMNTS.com
Amazon Bets on In-House AI Stack as Walmart Amplifies Workforce | PYMNTS.com
... Amazon, logistics, eCommerce, retail. Highlights. Amazon and Walmart are ... eCommerce and omnichannel retail. Its focus on blending in-store...
SCMP
Alibaba trims partnership as company bets on younger leaders
Alibaba Group Holding has trimmed its partnership – a key corporate governance body for the e-commerce and artificial intelligence (AI) giant – as it embraces younger business leaders and strives to return to a start-up mindset. Nine executives and company veterans – including former CEO Daniel Zhang Yong, 53, and fellow co-founders Trudy Dai Shan, 48, and Lucy Peng Lei, 51, who started the company with Jack Ma in 1999 – have exited the partnership, according to Alibaba’s annual report released...
PYMNTS.com
Amazon AI Executive Leaves Company Amid Competition for AI Talent | PYMNTS.com
A leader in artificial intelligence (AI) product strategy at Amazon ... This news comes at a time when competition for skilled AI talent has...
CNBC
Tesla head of manufacturing Omead Afshar fired by Elon Musk
Omead Afshar, Tesla's head of manufacturing and operations, has been fired from the company by CEO Elon Musk after declining car sales.
Bloomberg
Indonesia Taps Online Marketplaces to Boost Tax Collection
A rule change in Indonesia will require online merchants to pay income tax to e-commerce platforms rather than directly to the government, reviving an effort to boost tax collection as fiscal concerns mount in Southeast Asia’s largest economy.
Indonesia Taps Online Marketplaces to Boost Tax Collection
PYMNTS.com
Amazon Expanding Next and Same-Day Delivery to 4000 Towns | PYMNTS.com
The expansion, targeting more than 4,000 smaller cities, towns and rural communities, is slated to happen by the year's end, the eCommerce giant...
Tech in Asia
Amazon to invest over $4b to expand delivery in rural US - Tech in Asia
Amazon's rural expansion represents the latest chapter in a 15-year logistics transformation that has reshaped e-commerce expectations. The company...