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The Latest Breaking News from e-commerce

Amazon Aims Directly At Walmart+ Competition

Amazon and Walmart are locked in a battle for U.S. e-commerce and consumers wanting instant gratification are the winners.

The Street

Innovation and exploitation: India’s e-commerce boom threatens to upend local businesses and workers’ rights

While online shopping explodes in the world’s biggest country, traditional companies are struggling to adapt

The Guardian - UK

Is Now a Good Time to Buy into eBay (EBAY)?

eBay's (EBAY) stock has delivered double-digit growth over the past month. However, with investors and the market fearing an impending recession, is this the right time to buy into the stock? Keep reading.

StockNews.com

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TikTok Shop Is Launching in the US Market in August

Move over, Temu.

The Street

Chinese e-commerce giant Alibaba says it will not sell shares in Ant's buyback program

Chinese e-commerce giant Alibaba has said it will not sell any shares in its one-third shareholding in financial technology company Ant Group Co_ because it wants to retain its stake in an “important strategic partner.”

The Independent UK

Costco Has a Big (Really Big) Plan That Will Delight Members

The warehouse club appears to finally be leaning in to something that its customers should be very happy about.

The Street

Are Investors Adding Shopify (SHOP) to Their Buylist This Week?

Canada-based e-commerce company Shopify (SHOP) is facing challenges with softened demand that could impact its business. So, should you add the stock to your buylist this week? Let’s look at its financial metrics to gauge its prospects.

StockNews.com

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UPS impasse with union could deliver a costly strike, disrupting brick-and-mortar businesses as well as e-commerce

Talks between the International Brotherhood of Teamsters and UPS over a new contract fell apart on July 5, 2023. The union and the shipping and logistics company are blaming each other for the collapse, which occurred a few weeks after 97% of UPS’s Teamsters voted to strike if the Teamsters…

The Conversation

Top 3 Packing Stocks You Should Consider Buying Now

With broad-based demand, a drive toward greater sustainability, and the rise in e-commerce, the packaging industry is expected to stay afloat in the long run. Therefore, investing in quality packaging stocks Berry Global Group (BERY), AptarGroup (ATR), and Graphic Packaging Holding (GPK) could be wise. Read on….

StockNews.com

Heading west and online: China's consumer explosion

China's growth may be slowing, but its economy is still forecast to expand by $US1.1 trillion a year. NZ companies want in. Nikki Mandow reports.

Newsroom.co.nz

I made my first order on Temu and this is how it went

Can we trust this new ecommerce app?

Creative Bloq

Chinese e-retailer Temu files lawsuit in US against rival Shein, alleging antitrust violations

Chinese e-commerce retailer Temu has filed a lawsuit accusing its rival Shein of violating U.S. antitrust law by blocking clothing manufacturers from working with Temu

The Independent UK

Chinese livestreamers set their sights on TikTok sales to shoppers in the US and Europe

Chinese livestreamers have set their sights on selling to TikTok shoppers in the U.S. and Europe

The Independent UK

Investors Beware: APRN Stock is Shockingly Irrelevant

Although meal-kit specialist Blue Apron features an interesting narrative, the main problem is that e-commerce entities can replicate the business, threatening APRN stock.

Barchart

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WEKU

Shein steals artists' designs, a federal racketeering lawsuit says

Three artists are accusing the e-commerce giant of selling exact copies of their designs on its website. Shein has faced similar accusations before.

The Street

Mark Zuckerberg's Challenge to Elon Musk May Engage in E-Commerce

Threads entertains a game-changing option.

Tribune News Service

Amazon sees biggest sales day in company history during Prime Day sale

Amazon marked its largest sales day ever Tuesday, the start of a48-hour Prime Day sales event that saw shoppers spend billions to buy more than 375 million items, the tech and e-commerce giant said Thursday after the end of the sale.

Investors Business Daily

Amazon Celebrates Prime Day With Bullish Wall Street Ratings

E-commerce giant Amazon.com kicked off its annual Prime Day sales event on Tuesday with a couple of bullish Wall Street reports.

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Bangkok Post

Shopping the next frontier for TikTok

JAKARTA: Inside a shophouse in Northeast Jakarta, dozens of salespeople take turns peddling cosmetics, contact lenses and hair accessories. A woman helps a potential customer choose the right shade of lipstick for her skin tone, while a man yells out the latest markdown on vitamin tablets.

The Street

A UPS Strike Looms; Here's Why Target, Other Big Retailers Will Be Fine

The retailers have invested a lot of time and money into building this.

Investors Business Daily

Alibaba Stock Rises As China Concludes Probe Of Affiliate Ant Group

Chinese authorities on Friday ended a yearslong investigation of fintech company Ant Group, an affiliate of e-commerce leader Alibaba.

Zenger

Amazon CEO Andy Jassy On Chinese Competition, Prime Day And More

E-Commerce behemoth Amazon

StockNews.com

Buy or Hold for July 2023: Etsy, Inc. (ETSY)

Thanks to rapid digitization and increased internet penetration worldwide, the e-commerce sector has witnessed a boom over the past few years. Given this backdrop, is online marketplace operator Etsy (ETSY) resilient enough to brave the current market turbulence? Let’s look at its fundamentals to examine its prospects….

InsideEVs

Amazon Now Has Over 5,000 Rivian EDVs Making Deliveries Across The US

The e-commerce giant says that the Rivian-made vans have delivered more than 150 million packages across the US.

Zenger

Amazon Celebrates 27th Anniversary As E-Commerce Giant

From online book store to $1.33T valuation, a look back at Amazon's journey since its founding in 1994.

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People

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