E-Commerce

Returns are causing big trouble for Amazon sellers, leading them to hike prices and reduce business on Amazon. But some changes may be slowing return rates.

... Alibaba Group Holding and Tencent Holdings home, according to an HSBC report on Wednesday. Mainland authorities on June 10 unveiled a sweeping set...

At Amazon, the rise of artificial intelligence tools ... Theo Wayt is a reporter covering Amazon, e-commerce and logistics for The Information.

Chinese e-commerce giants Alibaba Group Holding and JD.com reported record user participation and growing sales during the 618 shopping festival, as government subsidies and new artificial intelligence (AI) tools fuelled a surge in consumer activity. More than 453 brands each surpassed 100 million yuan (US$14 million) in gross merchandise value (GMV) on Alibaba’s Taobao and Tmall platforms during the weeks-long event, the company said on Thursday. The roster included global names such as Apple,...

Chinese e-commerce giant JD.com is extending its deep-seated rivalry with Meituan to Saudi Arabia, launching a self-operated courier service in the country as it extends its footprint in the Middle East. On Wednesday, JD.com’s logistics arm JD Logistics announced the launch of JoyExpress, a business-to-consumer express delivery service that covers most of the 13 provinces in the Middle Eastern country, according to a statement. JoyExpress provides expedited same-day and next-day delivery...

Amazon.com Inc. is ordering some corporate employees to move closer to their managers and teams, roiling a workforce already worried about job cuts and warnings from the top that artificial intelligence will shrink their ranks in the coming years.

Blackstone Inc.’s real estate business purchased stakes in two office properties in Bellevue, Washington, that are leased by Meta Platforms Inc.

Amazon announced its annual Prime Day sale is doubling in size this ... ecommerce, News, Prime Day, PYMNTS News, Retail, walmart, What's Hot...

A little-known Swedish stock doubles after deal with Alibaba. Shares of a little-known Swedish company Bambuser are up around 75% this morning after...

The buy now, pay later giant's IPO may be on hold — but its business strategy remains the same, according to CEO Sebastian Siemiatkowski.

Chinese e-commerce giant JD.com plans to make an international foray into stablecoins – cryptocurrencies backed by a reference asset, typically a fiat currency like the US dollar – as these tokens are poised to become a major cross-border payment tool, according to founder and chairman Richard Liu Qiangdong. “JD.com intends to secure stablecoin licences across key currency markets globally … to reduce cross-border transaction costs by 90 per cent,” Liu said in a media briefing on Tuesday. “We...

Li Xiangang, a leading Chinese scientist in speech recognition, has joined Alibaba Group Holding to spearhead its artificial intelligence (AI) voice team, boosting the tech giant’s capabilities in the burgeoning field. Sources familiar with the matter said Li, who holds a PhD in Computer and Information Sciences from Peking University, had taken on a role leading speech AI research at the Hangzhou-based e-commerce giant. He fills a position previously held by Yan Zhijie, who left the...

The European Union escalated a probe against Alibaba Group Holding Ltd.’s e-commerce service AliExpress, accusing it of failing to tackle the spread of illegal products on its platform.

... AI as part of a new “AI-first” approach. 0 Comments / 0 New. See More: AI · Amazon · News · Tech. Most Popular. Most Popular. The Trump Mobile T1...

Generative AI and AI-powered software agents “should change the ... News. MarketsEconomicsTechnologyPoliticsGreenCryptoAI. Work & Life. Wealth...

The Reuters Tariff Watch newsletter is your daily guide to the latest global trade and tariff news. ... "As we roll out more Generative AI and agents,...

Amazon CEO Andy Jassy said Tuesday that the company expects artificial intelligence "will reduce our total corporate workforce as we get...

Amazon CEO Andy Jassy said the company's workforce will shrink in the coming years as it adopts more generative artificial intelligence tools and agents.

... Ecommerce. ·. News. Amazon extends Prime Day sale to 4 days, starting July 8. Amazon's annual Prime Day event will last four days this year, from July...

... Amazon Prime vice president, told Axios. When is Prime Day 2025? Driving the news: The e-commerce giant's 11th Prime Day promotion begins 12:01am...

Amazon is extending its annual Prime Day discount event across four days for the first time.

Charles Zhang Chaoyang, the founder, chairman and CEO of Chinese internet pioneer Sohu.com, urges college students on the mainland to skip postgraduate studies and defer plans to start a new business until they “gain some real experience” by working for a company. Citing his own experiences, Zhang said his postgraduate degree did not contribute much when he set up and began running his own company, according to his Saturday interview with Rupert Hoogewerf, chairman and chief researcher at Hurun...

The company began this evolution with Amazon Prime in 2005, which transformed e-commerce by offering unlimited two-day shipping for $79 annually, a...

Roku Inc. shares gain 11% premarket after the company and Amazon.com Inc.’s Amazon Ads announced a partnership, saying that advertisers will now have access to more than 80% of US households with connected TV though the Amazon DSP marketing tool.

The pan-African ecommerce group has been cutting costs in latest push to reach profitability.

PayPal is doubling down on artificial intelligence (AI) and data ... News, PayPal, Perplexity, PYMNTS News, Technology, Venmo, Viva Tech...

Amazon and Walmart are accelerating their transformation into tech conglomerates, spending on AI, data centers and FinTech.

TikTok owner ByteDance, whose Douyin short video app has emerged as a popular e-commerce shopping platform in China, will cut the guarantee deposit payable by merchants, in a move designed to keep existing sellers and lure new ones amid fierce competition. The deposit, held by the platform on behalf of sellers to cover potential costs such as refunds or penalties, would be capped at 5,000 yuan (US$695), a fraction of the previous maximum of 500,000 yuan. As a result, the deposit payable by...

A number of cloud services were suffering from outages on Thursday.

Coinbase on Thursday introduced its first branded credit card in partnership with American Express.