E-Commerce

Third-quarter sales in the U.S. and Canada came in at $786 million, missing analyst projections.

Third-quarter sales in the U.S. and Canada came in at $786 million, missing analyst projections.

Amazon.com Inc. has combined a Whole Foods Market store with a mini warehouse stocked with products the chain hasn’t previously sold.

4), citing a paywalled article by travel news publication Skift. Tripadvisor did not immediately reply to PYMNTS' request for comment. Bloomberg...

The French government said it would temporarily suspend the Chinese e-commerce giant Shein, just hours after it opened its first store in Paris, following complaints over sales of childlike sex dolls and weapons on its platform.

Amazon.com Inc. will offer customers of Brazilian financial firm Nu Holdings Ltd. a slew of special payment options, including more credit to shop with the e-commerce giant, as online competition intensifies ahead of the holiday season.

China automakers have turned to emerging markets like Brazil to offload their massive supply. Brands including BYD now make up over 80% of EV sales in Brazil.

Amazon CEO Andy Jassy has been overhauling the company's corporate culture in recent years, and went even further last week, announcing 14,000 layoffs.

However, the stock sagged on news that the company's operating income of $434 million had missed estimates of $437 million. Topics. AI, Commerce, e-...

... news. Sign up here. Perplexity called the move a broader threat to user choice and the future of AI assistants. "Bullying is when large...

Amazon.com Inc. is suing Perplexity AI Inc. to try and stop the startup from helping users buy items on the world’s largest online marketplace, setting up a showdown that may have implications for the reach of so-called agentic artificial intelligence.

Amazon.com Inc. has sent a cease-and-desist letter to Perplexity AI Inc. demanding that the artificial intelligence search startup stop allowing its AI browser agent, Comet, to make purchases online for users.

Instacart is adding artificial intelligence-powered tools for grocers, including an assistant that can make product recommendations, the latest in a growing effort to sell enterprise software to retailers.

Instacart's AI Solutions, a suite of artificial intelligence tools for grocers, includes agentic inventory tracking and an AI shopping assistant.

Alibaba Group Holding is rebranding its Chinese food delivery platform Ele.me as Taobao Shangou, aligning the service more closely with its flagship e-commerce ecosystem, as the company seeks to enhance synergy across its consumer businesses. A logo of the beta version of the updated app, available to select users, adopts Taobao’s signature orange colour, according to screenshots seen on Chinese social media. The move aligns with Alibaba’s recent efforts to phase out Ele.me’s original branding,...

"Amazon just completely refuted" concerns about slowing growth in its cloud unit, Jim Cramer says.

Programming note: ARPU will be off the rest of the week, back next Monday.Amazon's 20% ProblemFor the first time in a long time, Wall Street was genuinely relieved that Amazon Web Services had a good quarter. The company's stock soared more than 11% after

As AI reshapes the market, Washington's antitrust enforcers face a ... More Technology News. See All · Technology · Isaacman and Duffy are playing...

Alibaba Group Holding on Friday unveiled a 2 billion yuan (US$281 million) investment as part of a programme that will see a network of Taobao-branded convenience stores across China support the operations of the firm’s instant commerce and on-demand delivery business. Rather than establishing Taobao Shangou’s own bricks-and-mortar shops, the programme would primarily provide existing convenience stores with a tech facelift, leveraging Alibaba’s digital infrastructure, according to Hu Qiugen,...

Meta, Amazon, Alphabet and Microsoft reported quarterly earnings that showed rising digital ad sales and increased AI infrastructure spending.

... AI, artificial intelligence, News, PYMNTS News, shopping, walmart, What's Hot. Cities Deploy Robots as Firefighters, Tour Guides and Lawnmowers. By...

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Reddit's stock popped after the company surpassed third-quarter estimates due to strong advertising growth.

Amazon blew past analyst estimates in its third-quarter earnings report and raised its capital expenditures forecast for the year to $125 billion.

It was not surprising that Amazon shares surged on Friday morning.

Amazon blew past analyst estimates in its third-quarter earnings report and raised its capital expenditures forecast for the year to $125 billion.

Affirm has secured similar funding lines with Liberty Mutual Investments, PGIM, and Sixth Street Partners, a trend across the buy-now-pay-later sector.

Here are five key things investors need to know to start the trading day.

Amazon posted higher fiscal third quarter profit and sales compared with a year ago, fuelled by accelerating growth in its cloud computing business and strong spending by its customers looking for low prices at a time when inflation is resurging. The results, announced Thursday, beat Wall Street expectations. The company’s prominent cloud computing arm also surpassed analysts’ expectations, rising 20 per cent. But Amazon issued a cautious sales outlook for the fiscal fourth quarter. Shares,...

AWS revenue accelerated 20.2% to $33 billion, which CEO Andy Jassy said was a pace it hadn't seen since 2022.