The Latest Breaking News from e-commerce

JX Luxventure Ltd (NASDAQ:LLL) Board of Directors has authorized a share repurchase program of up to $5 million shares. The funds for the repurchases under the program will be personally provided by the CEO, Sun Lei. The Board thinks the share buyback program will restore shareholder confidence in the company as the current…

While Shopify (SHOP) gained massive investor attention amid the pandemic-led e-commerce boom, its shares have slumped significantly year-to-date in 2022. However, given the company’s recent stock split announcement, will its shares rebound in the near term? Let’s discuss.

A nearly 6% drop in the S&P 500 index last week spurred insider buying with insiders purchasing more than 4 times as much stock as they did the prior week, reversing three weeks of declining purchases.

Surging inflation and the Fed’s continued interest rate hikes have kept equities under pressure lately, driving the S&P 500 index into bearish territory. Given this backdrop, fundamentally weak stocks Boxed (BOXD), KalVista Pharmaceuticals (KALV), and NeoGenomics (NEO) are best avoided now. These stocks were downgraded from ‘Sell’ to ‘Strong Sell’…

Wedbush analyst Seth Basham upgraded Chewy Inc (NYSE:CHWY) from Neutral to Outperform and raised the price target to $35 (8% upside) from $30. The analyst cites favorable pet category dynamics, bottoming e-commerce trends, attractive valuation, and better risk-reward as the reasons for the upgrade. While Seth expects discretionary goods spending pressure to continue in the near-to-medium…

A recently announced partnership between ITV reality show Love Island and secondhand e-commerce giant eBay sends a strong positive signal about prioritising sustainability over fast fashion.

E-commerce giant Amazon.com (AMZN) completed its much talked about 20-for-1 stock split on June 06, 2022, which led its shares to trade below $1000 for the first time since 2017. However, given its premium valuation and rising operational challenges, is it worth owning the stock now? Let’s find out.

Considering the growth of e-commerce and the desire to improve the mechanism of data collection related to the sector, Saudi authorities informed all banks in the Kingdom of the need to abide by the operational framework and technical and operational rules for the data quality development project. The Saudi Central…

BEIJING: High-end home appliances and camping gear were among Chinese shoppers' most sought-after buys during the "618" shopping festival, according to e-commerce platforms, in a sign of how China's Covid-19 curbs are driving lifestyle changes.

When Covid-19 emerged more than two years ago, millions of people including myself suddenly found ourselves stuck at home. To survive the unprecedented challenges and stress, I started to befriend mobile apps I hadn't used before to buy things and pay bills online, among them the e-commerce platform Shopee.

Austin Li was beloved by young shoppers and the Chinese Communist Party. But when he tried to sell an ice cream cake to millions of his followers, everything went wrong.