ecommerce

Alibaba places shares into healthcare assets ($1.4 BILLION DEAL)

Alibaba places shares into healthcare assets ($1.4 BILLION DEAL)

Chinese e-commerce business Alibaba Group Holding Ltd (NYSE: BABA) sold some shares of pharmaceutical business to fund purchases of health-related assets through $1.4 billion deal.Alibaba Health Information Technology Ltd., a subsidiary of Alibaba, ..

Amazon Stock Jumps, Reaching New All Time High After Strong Earnings

Amazon Stock Jumps, Reaching New All Time High After Strong Earnings

Amazon.com, Inc. (NASDAQ: AMZN) shares spiked more than 6% after the company announced financial results for its first quarter ended March 31, 2018, reaching a new all-time high.According to Amazon’s report operating cash flow increased 4..

Recent Amazon Announcements Push Stock Up Ahead of Earnings

Recent Amazon Announcements Push Stock Up Ahead of Earnings

Amazon.com, Inc. (NASDAQ: AMZN) had several important announcements, driving its stock price up more than 8% from the beginning of the week. Amazon will report quarterly earnings on April 26th. First Amazon announced that together with Best Buy..

Wall Street Analyst says buy Amazon Despite Trump's Attacks

Wall Street Analyst says buy Amazon Despite Trump's Attacks

U.S. President Donald Trump continued his frenzy of attacks against Amazon.com Inc. (NASDAQ: AMZN) on Tuesday, tweeting that Amazon is costing the United States Post Office massive amounts of money. Trump’s tweets caused Amazon shares to slide..

Walmart to launch Meal Kit Business

Walmart to launch Meal Kit Business

Walmart Inc. (NYSE: WMT) on Monday announced to roll out its meal kits service to more than 2,000 stores this year.The company said the meal will serve two people and range in price from $8 to $15. The new service is now available in more than 250 s..

Walmart and Kroger follow Dick’s on Firearm Regulations

Walmart and Kroger follow Dick’s on Firearm Regulations

Walmart Inc. (NYSE: WMT) and Kroger Co. (NYSE: KR) have followed Dick’s Sporting Goods (NYSE: DKS) on their positions for gun regulations and restrictions. Walmart and Kroger have both now raised the minimum age to purchase guns in their ..

Shopify Shares Fall Despite Topping Q4 Estimates; Set to Lead Canada’s Cannabis eCommerce

Shopify Shares Fall Despite Topping Q4 Estimates; Set to Lead Canada’s Cannabis eCommerce

Shopify Inc. (NYSE: SHOP) reported its fourth quarter and full year financial results for fiscal year 2017. The Canadian eCommerce topped analysts’ estimates in both revenue and earnings, but share were down 3.5 percent on the New York exchang..