Alibaba did not reveal sales performance on Singles Day
Alibaba Group did not disclose the sales performance of its 11-day Singles Day online shopping festival for the first time since it started the...
B2B e-commerce platform Udaan cuts jobs of 350 employees
Business-to-business (B2B) e-commerce platform Udaan, which raised $120 million last month, has terminated jobs of nearly 350 employees who were on the regular payroll,...
Amazon.com to freeze hiring in corporate jobs
E-commerce giant Amazon.com Inc will freeze hiring in its corporate workforce.
“We anticipate keeping this pause in place for the next few months, and will continue...
Appario will stop selling on Amazon India after facing allegations
Amazon India said Appario, one of its biggest sellers, will stop listing its products on the online shopping website, after it faced allegations from...
Amazon faces $1 bn lawsuit in Britain for favoring own products
Amazon.com Inc is facing a lawsuit in Britain for damages of up to 900 million pounds ($1 billion) over allegations the online marketplace abused...
Amazon hikes wages for US operations employees
Amazon announced it would hike wages for its U.S. operations employees -- a nearly $1 billion investment over the next year -- in addition...
Naver to buy US fashion e-commerce Poshmark for $1.6 bn
South Korean technology firm Naver has agreed to a $1.6 billion deal to buy Poshmark, a US apparel resale platform firm, news report said.
Last...
Amazon India starts live-stream shopping during festival season
Amazon.com has launched a live-streaming video feature for promoting products on its shopping platform in India.
The company has tied up with social media influencers...
Amazon hikes pay for warehouse and transportation workers
Amazon.com Inc, the world’s largest online retailer, said it will increase average starting pay to more than $19 per hour from $18 per hour...
Grocery delivery app Instacart starts slowing hiring
Grocery delivery app Instacart started terminating jobs of employees, slowing hiring and curbing other expenses as it heads toward a public listing, the Information news...
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