E-commerce

Walmart Cuts Profit Outlook as It Lowers Prices to Move GoodsWalmart Cuts Profit Outlook as It Lowers Prices to Move Goods

Walmart Cuts Profit Outlook as It Lowers Prices to Move Goods

[ad_1] Walmart warned that higher prices for food and fuel were causing consumers to pull back, an ominous sign for…

3 years ago
Summer Vacationers Want to Kick It Old SchoolSummer Vacationers Want to Kick It Old School

Summer Vacationers Want to Kick It Old School

[ad_1] The new and the high tech are suddenly out of fashion, with the Nasdaq down around 23% this year.…

3 years ago
Slowest quarterly revenue growth on recordSlowest quarterly revenue growth on record

Slowest quarterly revenue growth on record

[ad_1] Chinese e-commerce giant JD.com posted its slowest quarterly revenue growth on record for the first three months of the…

3 years ago
DiDi Stock Plunges. An SEC Probe Has Alibaba and JD.com Investors On Edge Too.DiDi Stock Plunges. An SEC Probe Has Alibaba and JD.com Investors On Edge Too.

DiDi Stock Plunges. An SEC Probe Has Alibaba and JD.com Investors On Edge Too.

[ad_1] Text size DiDi headquarters in Beijing AFP via Getty Images Shares in DiDi Global plunged Wednesday after the embattled…

3 years ago
Billionaire Jeff Bezos lost $20.5 billion in 24 hoursBillionaire Jeff Bezos lost $20.5 billion in 24 hours

Billionaire Jeff Bezos lost $20.5 billion in 24 hours

[ad_1] Jeff Bezos is $20.5 billion more poor. The second richest man in the world lost this huge sum in 24…

3 years ago
Shanghai’s lockdown tests China’s online grocery appsShanghai’s lockdown tests China’s online grocery apps

Shanghai’s lockdown tests China’s online grocery apps

[ad_1] But things started to take a downturn last year. Despite the hype and money, these companies struggled to make…

3 years ago
Apple Is the Last FAANG StandingApple Is the Last FAANG Standing

Apple Is the Last FAANG Standing

[ad_1] Apple is the last FAANG standing—and its earnings report this coming week could go a long way toward determining…

3 years ago