The Federal Trade Commission on Wednesday sued Amazon for illegally inducing consumers to sign up for its Prime service and then hindering them from canceling the subscription, the most aggressive […]
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Back to news homeAlibaba’s Daniel Zhang Will Leave Top Post, Replaced by Joseph Tsai
In late March, Daniel Zhang unveiled what was called the “most significant” overhaul in the 24-year history of Alibaba, one of China’s original technology conglomerates, splitting the company into six […]
Why Amazon’s Delivery Network Is Vulnerable to Labor Strife
Is there a more familiar sign of corporate dominance than the Amazon delivery van?As recently as four years ago, the blue-gray vehicle with the smiley arrow was a relative novelty […]
The Companies Trying to Make Live Shopping a Thing in the U.S.
On a warm spring evening in New York, dozens of people gathered on a rooftop in Midtown Manhattan to sip fruity cocktails and chat. Shortly after the happy hour began, […]
Praktis lands $20M to help Indonesian D2C brands handle their supply chains
Small to medium-sized enterprises contribute 60% of Indonesia’s gross domestic product. But companies in the D2C space still struggle to compete against bigger brands. Praktis wants to put them on […]
Shein, E-Commerce Retailer Hit by Criticism, Tries Charm Offensive
In its decade of doing business, Shein has grown rapidly by winning over shoppers with its tough-to-beat prices and kaleidoscope of new merchandise. Along the way, the e-commerce retailer has […]
Bed Bath & Beyond Files for Bankruptcy
Bed Bath & Beyond came out of the 2008 downturn a winner. Competitors like Sharper Image and Linens ‘n Things filed for bankruptcy, but Bed Bath & Beyond actually expanded […]
Staytuned bags $34M in equity, debt to build ‘Salesforce suite for e-commerce’
Staytuned Digital has $34 million in new equity and debt to continue developing a software suite for e-commerce brands with a goal of what co-founder Serge Kassardjian described as “the […]
Alibaba, China’s E-Commerce Giant, Will Split Into 6 Units
The major restructuring, a possible precursor to I.P.O.s, was announced after Jack Ma, its founder, returned to mainland China after a yearlong absence. Read More
Here’s a new corporate card startup, backed by $157M in equity, debt, going after Brex, Ramp
Parker, a startup offering a corporate credit card for e-commerce businesses, emerged from stealth Thursday with $157 million in equity and debt funding, much of which closed in 2022. The […]