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Holiday season shoppers have already spent $50.1B online: Adobe
Holiday season shoppers have already spent $50.1 billion between Nov. 1 and Nov. 26, according to data from Adobe Analytics . That's a 15% increase from 2018. A quarter of shoppers have finished their online shopping for the season, though perhaps the.....»»
Alibaba"s Singles" Day sales hit record $38 billion; growth slows
Chinese retailer Alibaba Group Holding Ltd's sales for its 24-hour Singles' Day shopping blitz hit a record $38.4 billion, more than U.S. rival Amazon.com Inc's haul last quarter from online store sales......»»
Alibaba Singles" Day sales jump 25% in first 9 hours to $23 billion
Chinese retailer Alibaba on Monday said sales for its annual Singles' Day shopping blitz jumped 25% in the first nine hours to $23 billion, nearly two thirds of U.S. rival Amazon.com Inc's online store sales in the latest quarter......»»
Target raises profit forecast as online sales power second-quarter beat
Target Corp beat Wall Street estimates for quarterly profit and raised its annual forecast on Wednesday, as higher investments to cater to changing shopping habits lifted online sales and attracted more shoppers, sending shares up 7%......»»
Amazon.com reports a 39 percent jump in second-quarter revenue
A surge in online shopping and higher demand for its cloud services has driven a 39 percent jump in revenue for Amazon. Simon Thompson reports......»»
Macy"s shares sink after it trims holiday sales forecast, drags down peers
Macy's Inc cut its comparable sales forecast for the holiday quarter on Thursday while year-end sales growth at rival Kohl's Corp disappointed investors, signaling retailers' continued struggle to keep up with a shift toward online shopping......»»
EBay unveils dividend, tops sales estimates for holiday quarter
Ebay Inc will begin paying a dividend, it announced on Tuesday, while also reporting better-than-expected sales and profit for the fourth quarter as it benefits from a rise in online shopping......»»
Alibaba Sees Vendor Signups For "6.18" Shopping Festival On Tmall Double: What You Need To Know
Alibaba Group Holdings Ltd (NYSE: BABA) says the number of vendors that have signed up for the "6.18" mid-year online shopping festival has doubled from last year, according to a read more.....»»
A surge in cardboard demand is causing a supply squeeze for box makers amid the online-shopping boom
The spike in online shopping during the pandemic h.....»»
Facebook Launches "Live Shopping Fridays": What You Should Know
Facebook, Inc. (NASDAQ: FB) announced Tuesday a new feature in its flagship Facebook App to capitalize on the online shopping frenzy set in motion by the COVID-19 pandemic. read more.....»»
Baidu Stock Gains On Q1 Earnings Beat, Margin Expansion
Baidu Inc (NASDAQ: BIDU) reported first-quarter FY21 revenue growth of 25% year-on-year to $4.29 billion (RMB 28.1 billion), beating the analyst consensus of $4.22 billion. Online marketing revenue rose 27% Y/Y to $2.48 billion.....»»
GAN Q1 Revenue Up 262% On CoolBet Integration, New State Launches
Online casino and sports betting provider GAN Ltd (NASDAQ: GAN) reported first-quarter financial results and announced a new partnership after hours Monday. read more.....»»
China Online Education Group Announces First Quarter 2021 Results
China Online Education Group Announces First Quarter 2021 Results.....»»
Wistron NeWeb new plant in Vietnam to come online in 3Q21
Networking device maker Wistron NeWeb is about to complete its second plant in Vietnam shortly, with volume production slated for third-quarter 2021......»»
PCB maker Apex to see new plant come online starting July
Taiwan-based PCB maker Apex International, with main manufacturing operations in Thailand, expects to see its new plant come online starting July, with capacity at all its three plants there to be fully utilized by the first quarter of 2022......»»
Earnings Results: Alibaba posts loss due to anti-monopoly fine but beats revenue expectations
Alibaba Group Holding Ltd. swung to a loss for its March quarter as the company faced an anti-monopoly fine, but the Chinese e-commerce giant topped revenue expectations for the period amid continued momentum for its online marketplaces......»»
5 Tips To Drive Sales To Your Digital Product
Online shopping is one of the m.....»»
Etsy slumps 11% after warning growth could slow in coming months following 1st-quarter earnings beat
"We currently expect Q2 2021 gross merchandise sales to decelerate," the company said in its earnings report. The stock fell even as earnings beat estimates. Etsy is an online marketplace that offers handmade and vintage go.....»»
Earnings Results: Etsy stock falls more than 7% after earnings
Etsy Inc. stock drops late Wednesday after the online marketplace's sales dropped from runaway fourth-quarter sales......»»
The Ratings Game: Carvana stock rallies after BofA analyst says buy ahead of earnings
Shares of Carvana Co. surged Monday, after BofA Securities analyst Nat Schindler turned bullish on the online car-buying company less than a week before first-quarter results are due, citing signs of "robust demand" and an inventory rebound......»»