eBay Surpasses Expectations with a 1% Revenue Increase to $2.6B in Q1
eBay reports a 1% increase in Q1 revenue, reaching $2.6 billion, demonstrating steady growth in a challenging market environment. More updates to follow.
e-commerce News
Amazon Clarifies No Tariff Labels on Main Site After White House Criticism Sparks Debate
Amazon denies plans to display import tariffs on its main shopping site after White House criticism, clarifying the consideration was only for Amazon Haul. The company's shares dip...
Amazon Clarifies No Tariff Display Plans on Main Site Amid White House Criticism
Amazon denies plans to display import tariffs on its main site after White House criticism, clarifying the consideration was only for its discount storefront, Amazon Haul. The comp...
Amazon Clarifies No Tariff Display Plans on Main Site Following White House Criticism
Amazon denies plans to show import tariffs on its main site after White House backlash, clarifying that only Amazon Haul considered such displays. Shares dipped slightly following ...
Amazon to Unveil Tariff Costs on Products: A Transparency Move Under Trump's Trade Policies
Amazon is introducing a feature to show how much of a product's price is due to tariffs under Trump's policies, aiming for greater transparency ahead of its earnings report.
Amazon to Reveal Tariff Costs on Products: A Move Towards Transparency Under Trump's Policies
Amazon is introducing a feature to show how much of a product's price is due to tariffs under Trump's policies, aiming for greater transparency. This move comes as the company revi...
Flipkart Announces Strategic Move: Shifts Holding Company from Singapore to India
Flipkart is transitioning its holding company from Singapore to India, joining other startups in aligning with local norms and aiming for easier public market access. This move is ...
Ukraine Strengthens European Ties with Groundbreaking EFTA Free Trade Agreement
Ukraine and the European Free Trade Association (EFTA) have signed a new free trade agreement, enhancing economic ties and market access. The deal covers e-commerce, SMEs, and more...
IPL 2025 Witnesses a 12% Spike in Ad Volumes: A Deep Dive into the Advertising Boom
IPL 2025 sees a 12% increase in ad volumes in its first 13 matches, with Parle Biscuits leading the advertisers. The season introduces 23 new categories and 83 new brands, highligh...
JD.com Achieves Stunning $147.5B Revenue in Q4, Marking a 13.4% Surge
JD.com reports a 13.4% increase in Q4 net revenue for fiscal 2024, reaching 347.0 billion yuan (~$147.5 billion), with significant growth in net income per ADS and operational inco...
JPMorgan Payments Partners with Klarna to Revolutionize Buy Now, Pay Later Options
Klarna Bank AB and JPMorgan Chase & Co. have partnered to integrate Klarna's Buy Now, Pay Later solutions into J.P. Morgan Payments' platform, offering more flexible financing opti...
Vietnam's Online Shopping Boom: $35M Daily Spend Signals Digital Revolution
Vietnamese consumers are spending $35M daily on online shopping, with a significant preference for branded and foreign products. The e-commerce market in Vietnam is booming, with a...
Global Air Cargo Demand Soars to Unprecedented Heights in 2024, IATA Reveals
The International Air Transport Association (IATA) reports an 11% increase in global air cargo demand for 2024, driven by e-commerce and shipping restrictions, marking a record-bre...
eBay Partners with OpenAI to Revolutionize E-commerce with AI Technology
eBay Inc. partners with OpenAI to integrate advanced AI technology into e-commerce, aiming to enhance the shopping experience for users and expand seller reach through the AI assis...
Delhivery Revolutionizes E-Commerce with Lightning-Fast 2-Hour Delivery Service
Delhivery has launched a two-hour delivery service, starting in Bengaluru, aiming to enhance the customer experience for D2C brands, retailers, and e-commerce platforms by enabling...
Wayfair Announces Strategic Exit from German Market to Focus on Core Regions
Wayfair Inc. announces its withdrawal from the German market to focus on core regions like Canada, the UK, and Ireland, citing the need to realign resources for greater impact. Thi...
Revolutionizing Retail: How Quick Commerce is Transforming the FMCG Landscape in India
Quick commerce is revolutionizing the FMCG sector in India by offering rapid delivery services, significantly impacting e-commerce revenue and challenging traditional retail models...
E-commerce Boom Leaves Hanoi Shophouses Empty: A New Retail Reality
The rise of e-commerce has led to a significant number of vacant shophouses in Hanoi, as retailers like Thu Phuong shift focus to online sales. Downtown streets, once bustling with...
Walmart China Joins Forces with Meituan to Boost E-commerce Growth
Walmart China partners with Meituan to accelerate e-commerce growth, connecting its stores to Meituan's delivery ecosystem and expanding its Sam's Club presence in China.
Takealot's Bold Strategy: Targeting South Africa's Townships to Compete with Global E-commerce Giants
Takealot, South Africa's top e-commerce retailer, is hiring personal shoppers to penetrate townships and rural areas, aiming to counter global rivals like Amazon and Chinese fast-f...
Singapore Households See Income Surge Outpacing Expenses: A Detailed Look
The 2023 Household Expenditure Survey shows Singapore households' income grew faster than expenses, with average monthly income rising 4.1% annually to SGD15,473. Government suppor...
Flipkart's Mega IPO: A Game-Changer for India's Startup Ecosystem
Flipkart, India's premier e-commerce company, is planning an IPO within the next 12-15 months, which is expected to be the largest share issue by a new-economy company. This move i...
Vietnam's Digital Economy Set to Soar to $36 Billion by 2024
Vietnam's digital economy is projected to hit $36 billion by 2024, driven by the robust growth of its retail e-commerce sector. The country's digital economy is expected to maintai...
Online Shopping Market Faces Slowest Growth Since 2017 Amid Economic Challenges
The online shopping market in South Korea saw its lowest growth rate since 2017, with a mere 0.6% increase in October transaction amounts. This slowdown is attributed to economic c...
