ECommerce
Investing.com — In the wake of recent policy shifts and macroeconomic headwinds, Morgan Stanley analysts introduced a Bull-Bear Framework to help investors better navigate potential investment opportunities in China’s e-commerce sector. According to the Wall Street firm, the overall outlook for China’s economy remains mixed, especially with the People’s Bank…
My friend and I decided to start an eCommerce company on a $10,000 budget.One of the first steps we took was selecting a product to sell.After consulting experts and using data from Helium 10, we chose pickleball paddles. When my friend and I committed to building our own eCommerce business,…
Investing.com — The U.S. government is currently grappling with a rising challenge in e-commerce: the growing influence of Chinese retail giants Temu and Shein. Both platforms have disrupted the U.S. market with their ultra-low-cost products and unique consumer-to-manufacturer business models, offering massive price advantages over domestic competitors. With the Biden…
The global manufacturing market is filled with expensive pitfalls, from time changes to language barriers. One startup is injecting generative AI into the process to help companies save time and money.The startup, Cavela, launched from stealth today with $2 million in seed funding, Business Insider has learned. Early-stage VC firm XYZ Ventures led…
By Lucinda Elliott BUENOS AIRES (Reuters) – Marcos Galperin, chief executive of Latin American e-commerce giant MercadoLibre (NASDAQ:) Inc – already the region’s most valuable listed firm – says the company is just getting started. He wants to triple the number of users, expand online payments, leverage artificial intelligence (AI)…
By Aditya Kalra and Shivangi Acharya NEW DELHI (Reuters) – India’s commerce minister accused Amazon (NASDAQ:) and other e-commerce companies of predatory pricing practices and said the sector’s rapid rise should not disrupt millions of brick-and-mortar stores operating in the country. Amazon and Walmart (NYSE:)’s Flipkart have reshaped India’s retail…
Bolt’s founder and ex-CEO wants to return to the driver’s seat — and he’s asking for a hefty payday to come back.The terms of the funding round were highly unusual, including a $2 million bonus for returning and $1 million in back pay for the two years he was away…
By Deborah Mary Sophia and Casey Hall (Reuters) -Alibaba Group Holding missed market expectations for first-quarter revenue on Thursday, as the company’s domestic e-commerce sales came under pressure from cautious spending by Chinese consumers in a faltering economy. U.S.-listed shares of the company traded 1.7% lower as the market opened…
By Sophie Yu and Casey Hall BEIJING (Reuters) – Chinese e-commerce vendors are struggling for survival as sales growth slows, price pressure rises and shopping platforms compete with ever-more aggressive policies to attract increasingly cost-conscious customers. A once-thriving e-commerce industry punctuated by shopping bonanzas featuring galas and celebrities is bearing…
By Casey Hall and Sophie Yu SHANGHAI (Reuters) -Sales fell for the first time ever at China’s blowout mid-year e-commerce sales festival as consumers remain cautious about spending as the economy sputters, according to third-party data estimates released on Wednesday. Combined gross merchandise volume (GMV), a widely used proxy for…
