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The Latest Breaking News from e-commerce

PayPal Jumps As Spending Powers Earnings Beat; CEO Dan Schulman To Retire

"It's still difficult to accurately assess how the year ahead will play out in terms of e-commerce growth," said CEO Dan Schulman.

The Street

First came fast-fashion giant Shein. Now other Chinese brands are gunning for the same success

For nearly two decades, Bowen Tsui's family business in China has made garments to order for foreign clients to sell overseas under their own labels. Now, he believes the company's survival depends on whether it can design, brand and distribute clothing by itself.

Los Angeles Times

Krungsri Finnovate unveils B1bn fund for tech startups

Krungsri Finnovate, a corporate venture capital arm under Bank of Ayudhya, has joined forces with Pawoot Pongvitayapanu, founder of e-commerce solution provider Tarad.com, to set up a 1-billion-baht trust fund to invest in early-stage startups.

Bangkok Post

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PayPal Gains In Early 2023 Amid Buyback But Apple Pay Bugaboo Remains

Shares of PayPal have gained about 13% in early 2023 ahead of fourth-quarter earnings. But a big bugaboo remains for the stock: Apple Pay.

Investors Business Daily

The 4 Best Grocery Store and Supermarket Stocks to Buy Now

Growth prospects of the grocery industry are anticipated to be bolstered by improved consumer sentiments and surging e-commerce adoption. Given this backdrop, quality grocery store and supermarket stocks Walmart (WMT), Albertsons Companies (ACI), Casey’s General Stores (CASY), and Sprouts Farmers Market (SFM) might be solid buys now. Read on….

StockNews.com

JD Central to end Thai operations on March 3

E-marketplace JD Central announced it will end its operations in Thailand on March 3, bringing down the curtain on its six years of operating an e-commerce business in the country.

Bangkok Post

Big interview: OnBuy’s CEO on the online marketplace's rapid rise

BusinessLive spoke the Bournemouth-based firm's founder Cas Paton on its fast growth in a short space of time and its plans for 2023

Birmingham Post

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Love Island: Who is Spencer? Meet the e-commerce business owner and relative of Netflix star

Spencer entered the villa alongside fellow bombshell Ellie

The Independent UK

Love Island: Who is new bombshell Spencer? Meet the e-commerce business owner and relative of Netflix star

Spencer entered the villa alongside fellow bombshell Ellie

The Independent UK

Love Island: Who is bombshell Spencer? Meet the e-commerce business owner and relative of Netflix star

Spencer entered the villa alongside fellow bombshell Ellie

The Independent UK

Shopify Stock Jumps More Than 10% As E-Commerce Player Hikes Prices

Shopify stock gained after the provider of e-commerce software and services hiked contract prices. Earnings for SHOP stock are due Feb. 15.

Investors Business Daily

Outcry over police VIP airport escort service

Tourism operators have slammed the Thai police VIP escort service sold online in China, saying the move severely damaged the image of Thailand.

Bangkok Post

Amazon closes one London Fresh store, opens another as expansion plans slow

The e-commerce giant first introduced the high-tech shops in London in March 2021

Evening Standard

E-commerce projected to grow by up to 13% this year

Thailand's e-commerce market value is expected to grow by 8-13% this year, with live commerce and cross-border e-commerce predicted to gain significant traction, says sector pundit Thanawat Malabuppha.

Bangkok Post

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Investors Business Daily

Etsy, IBD Stock Of The Day, Jumps Past An Early Entry Point

Etsy is the IBD Stock Of The Day as the e-commerce company specializing in arts and crafts is gaining momentum after a tough period..

StockNews.com

4 Grocery Store Stocks to Stock up on in 2023

The grocery industry is likely to benefit from improved consumer sentiments. Moreover, the rising adoption of grocery e-commerce should boost the industry’s prospects. Also, given the inelastic demand for grocery products, fundamentally strong grocery store stocks Kroger (KR), Albertsons (ACI), Caseys (CASY), and Sprouts Farmers Market (SFM) might be solid…

Investors Business Daily

MercadoLibre, IBD Stock Of The Day, Hovers Near A Buy Zone

MELI stock has gained momentum in a rough market as the largest e-commerce company in Latin America continues to excel.

Investors Business Daily

MercadoLibre: Latin America's Amazon And Cathie Wood Stock Surges With 45% Sales Growth

Boosted by strong sales and earnings, MercadoLibre is Latin America's top fintech and e-commerce play

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Businessweek

Google and Meta Are Losing Their Grip on the Digital Ad Market

Everyone from Amazon.com and Apple to TikTok and Walmart want in.

StockNews.com

1 Internet Stock You Shouldn't Buy Despite Its Cheap Price

Shares of e-commerce company ContextLogic (WISH) have plummeted more than 80% over the past year. The company continues to struggle with ongoing loss of shoppers, declining margins, and problems with product quality, among other issues. Moreover, the uncertain macro conditions add to the company’s bleak growth prospects. This internet stock…

Bangkok Post

Flash raises B15bn in Series F round

Flash Group, which provides e-commerce logistics services, including the delivery service Flash Express, recently raised 15 billion baht in its Series F funding round as it gears up to expand business overseas and drive its live-commerce business.

Asharq Al-Awsat

Kenya’s Trade Minister: Nairobi to Witness Qualitative Cooperation with Saudi Arabia

Kenya’s Minister of Trade and Industry Moses Kuria said that Africa, and his country in particular, would not allow its resources to be exploited in the US-Chinese trade war. He noted that Kenya looked forward to strengthening economic ties with Saudi Arabia by reviving axes of cooperation. In an interview…

The Independent UK

China's Ant Group says founder Jack Ma will give up control

Leading Chinese financial technology provider Ant Group has announced that its founder, e-commerce billionaire Jack Ma, will give up control of the company

The Independent UK

Amazon, Salesforce jettison jobs in latest tech worker purge

E-commerce giant Amazon and business software maker Salesforce are the latest U.S. tech companies to announce major job cuts

The Independent UK

Chinese regulators approve capital expansion for Ant Group

Chinese regulators have said e-commerce giant Alibaba’s finance affiliate Ant Group can raise $1.5 billion for its consumer finance unit in an important step forward after the government called off a planned IPO two years ago and ordered the firm to restructure

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