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The Latest Breaking News from e-commerce

ContextLogic (WISH): Is it a Buy or Sell

Mobile e-commerce company ContextLogic (WISH) has been plagued by declining revenues and widening losses. While the company ramps up efforts to stage a turnaround, let’s analyze whether you should Buy or Sell the stock at the moment.

StockNews.com

Amazon Faces This Huge Problem as Prime Day Nears

The e-commerce giant has more riding on this retail holiday than in previous years.

The Street

Centre to issue norms against ‘dark patterns’ in online ads

Concerned over the increasing ‘dark patterns’ of misleading advertisements, creating false urgency, confirm-shaming, forced action, subscription traps and nagging on online platforms, the Union Consumer Affairs Ministry has decided to issue specific guidelines to control it.

The Hindu

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The Independent UK

Target Perfected Cheap Chic But This Unlikely Player Wants the Market

This e-commerce player is known for price and selection. But perhaps it could do more with fashion.

The Street

Nothing Phone (2) preorders to begin well ahead of July launch

The next translucent phone from Nothing is launching on July 11 in multiple regions. However, the pre-order page has gone live already.

Android Central

3 Advertising Stocks You Should Watch

The advertising industry is well-positioned for growth due to the increasing use of personalized and highly customized advertisements and the growth of e-commerce, retail media, and social media. To that end, it could be wise to add fundamentally strong advertising stocks Ziff Davis (ZD), Criteo S.A. (CRTO), and Cimpress (CMPR)…

StockNews.com

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Prime reason to sue Amazon for catching customers in its web

A high profile lawsuit against e-commerce giant Amazon over so-called “dark patterns” will be familiar to regulators in Australia.

The New Daily

Many hoteliers in Bengaluru keen to get on ONDC platform to bring down service charges and commission cost

Tired of paying high service charge on food aggregator apps? Order on Open Network Digital Commerce (ONDC) to get your orders at lesser prices, many restaurateurs and hoteliers are saying now. With this e-commerce platform, consumers can save up to 20% of their cost when compared to other food aggregator apps.…

The Hindu

Dow Jones Falls 375 Points After Key Housing Data; Alibaba Slides As CEO Steps Down

The Dow Jones Industrial Average dropped Tuesday after key housing data. Chinese e-commerce giant Alibaba slid after the CEO stepped down.

Investors Business Daily

Chinese e-commerce giant Alibaba announces new CEO and chairman in major management reshuffle

China’s Alibaba Group has announced a major management reshuffle as the e-commerce giant restructures into six different business divisions to adapt to fast-changing technologies

The Independent UK

Former Sainsbury's boss backs Snappy Shopper to prevail in delivery wars

The e-commerce group's latest results more than 50% year-on-year growth

Insider UK

Chinese online shoppers are enticed by deep discounts, payment plans as zest for spending lags

Shoppers were treated to deep discounts, new products and payment plans as online merchants sought to revive their sluggish appetite for spending during China’s first major online shopping festival after the end of zero-COVID policies

The Independent UK

Consumption soft even amid deep discounts during major China shopping festival, analysts say

Chinese consumers have been snapping up billions worth of items in China’s first major online shopping festival after emerging from the pandemic as merchants slash prices, but analysts say that consumer confidence still remains weak as China re-emerges from the pandemic

The Independent UK

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Axios

Gear celebrating special counsel Jack Smith is hot as Dems embrace Trump foe

E-commerce shops are filling up with merchandise celebrating the Trump prosecutor.

Tribune News Service

Google is weaving generative AI into online shopping features

Google is bringing generative AI technology to shopping, aiming to get a jump on e-commerce sites like Amazon.com Inc.

The Street

Billionaire Jeff Bezos Makes $12

The founder of Amazon recently did something bizarre: he bought a single share of the e-commerce giant, a first in two decades.

StockNews.com

ContextLogic (WISH): Buy or Sell?

In April, e-commerce company ContextLogic (WISH) announced a stock repurchase program and a 1-for-30 reverse stock split. With significant implications of the developments for the stock, would it be wise to buy it now? Let’s look at its financial metrics to answer that….

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news in one place.

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TechRadar

Honda customer data could have been accessed by anyone

A researcher finds a major flaw in Honda's e-commerce platform and accesses sensitive customer data

France 24

UK PM Rishi Sunak in Washington to push for tighter UK-US economic cooperation

Prime Minister Rishi Sunak visits Washington as the UK looks for closer economic ties after leaving the EU. China denounces Europe's new "economic weapon" aimed at preventing Beijing from putting trade pressure on EU members over support for Taiwan, and TikTok aims to quadruple its e-commerce revenues.

Barchart

Chinese E-Commerce Companies Undercut by Weak Chinese Economy and Increased Competition

The faltering recovery in China has spurred investors to raise their bearish wagers on Chinese e-commerce stocks. For example, short interest in PDD Holdings (PDD ) has risen to about 8% of total shares outstanding, according to IHS Markit data. That’s higher than e-commerce peers JD.com (JD ) and Alibaba...

The Street

Amazon Has Explicit Words On Concerns It Broke Privacy Laws

The e-commerce giant clarifies its views.

Fortune

How the 'Amazon of Asia,' founded by a Harvard dropout, landed on the Fortune 500

Newly-profitable Coupang, which serves customers in South Korea and Taiwan, joins the Fortune 500 list at No. 195.

The Street

Amazon May Shake Up the Wireless World

The e-commerce giant is reportedly in negotiations to offer free wireless to the subscribers of its Prime service.

The Street

Amazon May Have a New Way to Attract Customers

The e-commerce giant is reportedly in negotiations to offer free wireless to the subscribers of its Prime service.

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