E-commerce

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…

2 years ago

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.…

2 years ago

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…

2 years ago

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…

2 years ago

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…

2 years ago

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…

2 years ago

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…

2 years ago