eCommerce

Amazon Staff In Essex Halt Work Over 3 Percent Pay Rise

GMB Union claims 700 Amazon staff in Tilbury warehouse stopped work in response to a 3 percent (35 pence) pay…

2 years ago

Bankrupt Celsius Network To Pay CFO $90,000 Per Month – Report

Cash strapped cryptocurrency lender Celsius Network wishes to bring back former CFO Rod Bolger and pay him $92,000 per month

2 years ago

Alibaba Will ‘Strive’ To Maintain New York Listing

Alibaba says it will 'strive' to maintain its New York Stock Exchange listing after SEC adds it to list of…

2 years ago

SEC Says Alibaba Could Be Delisted In New York

US financial regulator SEC says Chinese tech giant Alibaba at risk of delisting in New York over demand for compliance…

2 years ago

Amazon Posts Second Straight Loss After Rivian Stake Writedown

Another tech bellweather financial results show Amazon posting a second quarterly loss in a row, after a hefty reassessment of…

2 years ago

Amazon UK To Raise Cost Of Prime Service

Streaming costs rise. Monthly Amazon Prime subscription cost to increase to £8.99 per month, as delivery and labour costs rise

2 years ago

Amazon Begins Deliveries With Rivian Electric Vans

Customers in US will start to see Amazon deliver thier packages using its custom electric delivery vehicles from startup Rivian

2 years ago

Celsius Network Files For Bankruptcy Protection

Troubled cryptocurrency lender Celsius Network confirms it has filed for bankruptcy protection as it seeks to restructure

2 years ago

Celsius ‘Deeply Insolvent’, US State Regulator Believes

Vermont regulator warns crypto lending firm Celsius “lacks the assets and liquidity to honour its obligations to account holders and…

2 years ago

Amazon Faces UK Investigation For Suspected Anti-competitive Practices

Another probe. Busy week for the UK's CMA after it confirms investigation of Amazon over “suspected anti-competitive practices”

2 years ago

TikTok ‘Halts E-Commerce Expansion Plans’

TikTok reportedly scraps plans to expand TikTok Shop livestream commerce in Europe and US after UK version finds 'nascent' adoption

2 years ago

Bitcoin Falls Below $19,000, But Recovers Slightly Friday

Ominous sign for crypto markets? The value of Bitcoin dropped over 6 percent to below the $19,000 mark on Thursday,…

2 years ago

Taiwan Developing Own Digital Currency – Report

Central bank of Taiwan confirms it is still working on its digital currency, but has not revealed any timeframes as…

2 years ago

Airbnb Permanently Bans Parties, With Few Exceptions

Victory for irate neighbours? Airbnb confirms its temporary Covid ban on parties in its listings will now be permanent rule

2 years ago

Connected Commerce: Next Generation Omnichannel

The omnichannel has been a key driver for all businesses as they connect and integrate each of their customer-facing systems.…

2 years ago

Amazon Could Run Out of US Workers, Memo Reveals

Internal research at Amazon warns the e-commerce giant could run out of workers in the US in two years, due…

2 years ago

Japan ‘Seeking Fines’ On Tech Giants Over Domestic Registration

Japanese government reportedly planning to fine noncompliant tech companies over local registration requirement, amidst global crackdown on tech giants

2 years ago

JD.com 618 Mega-Sale Sees Slowest Growth In Years

JD.com reports slowest growth in at least five years for 618 shopping extravaganza, as lockdowns and slowing economic conditions hit…

2 years ago

Amazon To Begin Drone Deliveries In Californian Town

Amazon to begin drone delivery of 'thousands' of items weighing under 5lb in Lockeford, California, nearly ten years after creating…

2 years ago

Amazon’s Consumer Boss, Dave Clark, Steps Down

Changing the old guard. Dave Clark, Amazon's head of consumer business, is stepping down amid after surviving shareholder vote on…

2 years ago

Amazon Hits Out At US Congress Antitrust Bill

Online retail giant Amazon slams US antitrust bill for unfairly singling it out, while not targetting rival retailers such as…

2 years ago

Google Invests In India’s Mohalla Amidst Short Video boom

Google contributes to $300m funding round that values Mohalla Tech at nearly $5bn as social media company expects profitability in…

2 years ago

Amazon Drivers Risk Increasing Number Of Injuries

Study shows that nearly one in five Amazon delivery drivers suffered injuries in 2021- again raising safty concerns about conditions…

3 years ago

Airbnb To Pull Out Of China Amidst ‘Pandemic Challenges’

Airbnb to pull out of China as ongoing zero-Covid policy places severe restrictions on domestic and international travel, focus on…

3 years ago

Cryptocurrency Crash Continues As Ethereum, Luna Plummet

After Bitcoin suffers major crash this week, Ethereum, Luna, terraUSD and other cryptocurrencies plunge, wiping $200 billion off entire market

3 years ago

US VP Kamala Harris To Meet Amazon Labor Union At White House

Biden support for unionisation. Grassroots Amazon trade union, as well as other trade unions are to meet with the American…

3 years ago

Apple Store Union Vote To Take Place Next Month

First Apple store in the US is set to hold a vote on 2 June, over whether to join a…

3 years ago

Alibaba Shares Briefly Plunge After Report About ‘Ma’

Alibaba Hong Kong shares briefly drop after ambiguous state media report about individual named 'Ma', as government strives to calm…

3 years ago

Amazon Wins Hearing That Could Overturn Union Vote

US labour board to proceed with hearing that could invalidate historic pro-union result of last month's vote at Amazon Staten…

3 years ago

Amazon Posts First Net Loss Since 2015, Amid Challenging Market

Disappointing results from Amazon with first loss since 2015, as inflation, fuel and warehouse costs and supply chain turmoil take…

3 years ago