STOCKHOLM, Sweden — Nelly, the Swedish online fashion retailer with 1,000 brands, said sales of its own labels will grow to account for as much as 40 percent of total revenue as the company expands outside its European main markets.
SAN FRANCISCO, United States — Amazon.com Inc. unveiled a new device that customers can use to add items to a shopping list by scanning barcodes or speaking the name of the product, in the e- commerce company’s latest push into consumer hardware.
HONG KONG, China — Alibaba, the world's biggest e-commerce company, changed how China shops. Now the man driving its blockbuster U.S. stock sale wants to transform the rest of the country's services industry, adding new users to the giant's 300 million customers.
LONDON, United Kingdom — Asos Plc reported first-half profit that fell less than analysts expected as the U.K.’s largest online-only fashion retailer invested in logistics and technology as it seeks to expand its revenue.
BEIJING, China — The China unit of Amazon.com Inc., the world’s largest e-commerce company, closed a third-party online store after state media reported that fake cosmetics were being sold.
In today’s reality, retailers who fail to embrace omni-channel strategies powered by connected data risk becoming extinct, argues John Squire.
HONG KONG, China — Tencent Holdings Ltd., China’s largest Internet company by market value, posted earnings that missed analyst estimates after boosting its e-commerce and game spending to compete against Alibaba Group Holding Ltd.
SHANGHAI, China — Alibaba's dominance of online retail in China faces its biggest-ever challenge as the firm founded by Jack Ma in a one-room apartment 15 years ago lines up a U.S. initial public offering that could value the firm at around $140 billion.
LONDON, United Kingdom — Boohoo.com Plc raised 300 million pounds ($498 million) through an initial public offering, becoming the third U.K. retailer to list shares this week.
HONG KONG, China — JD.com Inc., the Chinese retailing website that filed for a $1.5 billion U.S. initial share sale in January, may kick off its offering in the second quarter, three people with knowledge of the matter said.
NEW YORK, United States — The rally in Vipshop Holdings Ltd. is showing few signs of abating 19 months after it began. The Chinese online fashion retailer jumped 27 percent last week to $166.55 in trading in New York, extending its gain to 2,462 percent since its initial public offering in March 2012.
HONG KONG, China — Tencent Holdings Ltd., Asia’s largest Internet company, agreed to buy a 15 percent stake in Chinese e-commerce company JD.com for $214.7 million as it steps up its challenge to Alibaba Group Holding Ltd.