The United Kingdom startup company, TakeStock, has been described as the “Ebay of the food industry.” The company believes it can find buyers for unused and unsold stocks of food, thereby reducing food waste and […]
Tag: Ecommerce
Chinese Search Giant Baidu Mulling Delisting From U.S. Stock Markets
Chinese internet search provider Baidu might soon leave the United States stock market in order to return to China’s A-share market, as the company plans to expand its online-to-offline services program. The news comes from […]
Alibaba Hires Ex-Goldman Banker To Wage Global War On Amazon
Chinese ecommerce giant Alibaba has hired ex-Goldman Sachs vice-chairman Michael Evans as its new president, charging him with leading its global strategy. Evans is a board member of the company and has known Alibaba founder […]
Something’s Brewing In Online Shopping As Web Giants Start Invading Offline Retail
There’s a counterintuitive trend brewing in Canada, where despite e-commerce sales expected to hit $30 billion this year, some retailers who started out on-line are now moving to traditional brick-and mortar stores in an effort […]
Ecommerce Giant Alibaba Launches Sperm Donor Program To Help Chinese Birth Rate
In an attempt to contend with their shortage of sperm donors in some provinces, Chinese sperm banks are looking to popular e-commerce site Alibaba, which has been offering a promotion from interested sperm banks of […]
Mobile Commerce Expected To Be Majority Of Sales In Three Years
Online sales made on mobile devices will exceed $638 billion within three years according to a joint report released by Deloitte and Assocham. The Secretary general for Assocham D.S. Rawat said continuing development of e-commerce […]
Retail Giant Amazon Celebrating Birthday With Sale “Bigger Than Black Friday”
If you thought Black Friday was huge you haven’t seen anything yet says Amazon. With Black Friday, the day where Internet shoppers go berserk chasing bargains on offer on-line, still more than four months away, […]
Twitter Launches Pinterest Rival In Effort To Boost Profits
News broke on Saturday evening that Twitter is experimenting with a couple of new e-commerce features on its platform, in an effort to fight rival Pinterest and gain a cut of its lucrative e-commerce referral […]
Wal Mart’s Chairman Steps Down Amid Intense Pressure From Amazon
Wal Mart, the nation’s largest single employer after the Federal government, made the surprise announcement that Rob Walton, Chairman of the Board since 1992, was stepping down. He will be replaced with vice-Chairman Greg Penner, […]
Pinterest Is Going To Crush All Other Social Networks In Profitability
Social networks are not known to make money. While Facebook makes some money, its mostly via accounting tricks and a unique growth cycle rather than cold hard cash. Ill-fated Myspace and undermonetized Twitter all have […]