Ecommerce continues to climb to new heights in the U.S., where recently released figures for Q4 2023 show that sales reached nearly $325 billion. But America looks set for an ecommerce war. Having ...
The bitter battle among China's major online companies to win the "instant retail" war is expected to further depress their short- to medium-term profits and contribute to deflationary pressures in ...
PDD Holdings: Execution And Capital Allocation Give China's E-Commerce 'Wunderkind' A Long-Term Edge
PDD Holdings Inc. is a well-run, low-cost operator with best-in-class execution. Click here to read an analysis of PDD stock ...
NASHVILLE, Tenn. -- China-founded e-commerce sites Temu and Shein say they plan to raise prices for U.S. customers starting next week, a ripple effect from President Donald Trump's attempts to correct ...
Walmart (WMT) has entered into a strategic partnership with Meituan, according to a post by the retailer’s China unit on the WeChat app. Meituan is China’s largest food delivery service and offers a ...
In e-commerce, Alibaba is already making back what it has spent on artificial intelligence, vice president Kaifu Zhang told ...
SHANGHAI (Reuters) -Chinese e-commerce giant Alibaba is partnering with popular content platform RedNote to allow users on RedNote to directly click on product links to shop on Alibaba's Taobao ...
New research from eMarketer predicts that 52.1% of retail sales in China will come from ecommerce in 2021. If the forecast bears out, this will be a major milestone for online commerce, marking the ...
Just a few weeks before stepping down, Jack Ma, the founder and former CEO of Chinese e-commerce giant Alibaba, addressed the students of Stanford University. While talking of his humble start in ...
Chinese media reported that WMT is selling its stake in Yihaodian to JD.com in a transaction that's valued at $6bn USD. Positive implication to WMT as it can focus on offline expansion in lower tier ...
Alibaba Group has decided to sell off its 11Main e-commerce site in the U.S., as part of its focus on attracting foreign brands to its China business. OpenSky, a U.S.-based online retail company, will ...
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