The Latest Breaking News from e-commerce

Streaming platform Roku (ROKU) recently announced its venture into the e-commerce space with its partnership with retail giant Walmart (WMT). The stock jumped on the news. However, the stock is down more than 57% this year. So, is ROKU a Buy or Sell now? Read on to find out.

Kroger Co (NYSE:KR) plans to execute a 35,000 square-foot expansion at Tamarack Farms Dairy to support the implementation of an aseptic milk line. Tamarack Farms Dairy serves about 160 stores in Ohio and West Virginia and provides products for Kroger's e-commerce channel.  The facility will be able to manufacture products such as half…

Key Takeaways: The company’s unique bilingual sales pitches by its anchors have drawn millions to the platform, which topped livestream e-commerce rankings for days

Alibaba Group Holding Limited (NYSE: BABA), through its Pakistan e-commerce subsidiary Daraz, expanded its reach across Bangladesh, Sri Lanka, Nepal, and Myanmar, becoming South Asia's largest e-commerce company outside India, 

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…