e-commerce

Consumer

Shopify Stock Dives After Revenue and Gross Merchandise Volume Come Up Short

Photo via Anthony Behar/Sipa USA/Newscom

Third-quarter revenue of $3.74 billion came in below what analysts had expected, marking the company’s first revenue miss in four years.

1 min read

Photo via Kyodonews/ZUMAPRESS/Newscom

Artificial Intelligence

Amazon Suffers Untimely E-Commerce Slowdown

2 min read
Photo via Tom Williams/CQ Roll Call/Newscom

Consumer

DoorDash Puts a $17 Billion Price Tag on Instacart

A team-up with DoorDash could help Instacart avoid being crowded out of the aisle by the much larger carts of rivals like Amazon and Walmart.

2 min read
Photo via Kim Jae-Hwan/ZUMAPRESS/Newscom

Artificial Intelligence

Another Neocloud Meltdown Means Little to Big Tech’s Big Plans

Shares of South Korean “neocloud” data center builder Elice plummeted more than 30% following its debut on the KOSDAQ exchange on Tuesday.

2 min read

Social Media

Can YouTube Catch TikTok in the Live Shopping Wars?

Photo via Kyodonews/ZUMAPRESS/Newscom

Sales on TikTok Shop accounted for 2% of all US e-commerce sales in July, according to Consumer Edge, more than Costco or Target.

2 min read

Consumer

Amazon, Walmart Wage Ultra-Fast Delivery War

Photo via Mark Hertzberg/ZUMAPRESS/Newscom

Both companies moved to expand their 30-minute-or-less ultra-fast delivery services across various US cities this past week.

1 min read

Consumer

Online Shoppers, Say Goodbye to Free Returns

Photo via Florian Gaertner/picture alliance / photothek.de/Newscom

In the US, 72% of merchants charge for at least some return options, up from 66% last year, according to a recent report.

1 min read

Photo via Michael Siluk/Education Images/Universal Images Group/Newscom

Autos

Hertz Chooses New Route for Fleet Management With Amazon Autos Hookup

Shares in rival used car retailers went into reverse gear following the announcement of Hertz’s Amazon partnership.

2 min read
Photo via imageBROKER/Tartezy/Newscom

Big Tech

Amazon Cuts in Line at Online Grocery Checkout

Amazon has struggled to take a bite out of the $875 billion US grocery market since launching an online grocery storefront in 2006.

2 min read
Photo via Richard B. Levine/Newscom

Consumer

Walmart Gate-Crashes Amazon’s Annual Sales Bash

History suggests that a little competition will be good for not just Walmart and Amazon, but the retail sector as a whole.

2 min read

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