Category: Internet

Walgreens, FedEx to offer package pickup and drop-off at pharmacies

By the end of next year, most Walgreens customers will be able to pick up prescriptions and packages in a single stop. To accommodate a growing number of e-commerce packages – particularly for customers who can’t easily have orders shipped to their homes – Deerfield-based Walgreens will let customers pick up and drop off packages shipped through FedEx at thousands of pharmacies, the companies said Wednesday.

Amazon removes Indian flag doormat link after visa threat

Amazon.com removed doormats resembling the Indian tri-colour flag from its Canadian website, after an Indian government threat to rescind visas of the US company’s employees if they did not stop selling the product. “If this is not done forthwith, we will not grant Indian Visa to any Amazon official,” she added.

Singapore’s Garena Said to Pick Goldman for $1 Billion IPO

Garena, Southeast Asia’s most valuable startup, picked Goldman Sachs Group Inc. to lead a planned initial public offering that could fetch about $1 billion, according to people with knowledge of the matter. The Singapore-based online gaming portal and e-commerce provider plans to select additional banks as soon as this month, the people said.

Exclusive: Alibaba, part of planned Taiwan fund, won’t seek board seats at local firms – source

An employee is seen behind a glass wall with the logo of Alibaba at the company’s headquarters on the outskirts of Hangzhou, Zhejiang province, April 23, 2014. Alibaba Group Holding, which is awaiting regulatory approval for a $45 million fund it is participating in, has promised the Taiwanese government it will not take board seats at local firms the fund invests in, a source with direct knowledge of the matter said.

Alibaba leads $2.6bn bid for store chain

Hong Kong/Shanghai: Alibaba Group Holding Ltd is leading a bid to take department store chain Intime Retail Group Co private for as much as $2.6 billion, as China’s largest online retailer deepens its integration with brick-and-mortar stores. The deal to buy out Intime adds to Alibaba’s burgeoning foothold in physical retail as it pursues growth beyond a slowing online business.

Job cuts may be pending at Wal-Mart this month

I would recommend that you have one description which you use on your own site and offer e-retailers an alternate description. E-commerce sales by region, sales by product category, holiday data, online spending by shopper and as percentage of household income, and more.

5 Reasons Ecommerce Brands Should Leverage User-Generated Content

Do you know how many sites there are in the ecommerce universe? According to Lemonstand , there are 12 to 24 million online stores — and counting. As an ecommerce entrepreneur you may find it tough to position yourself successfully in front of your target customers, while knowing that tons of brands are also competing for their undivided attention.

E-COMMERCE: Alibaba Finds Friend In Trump, Quagmire In Intime

A meeting between Jack Ma and Donald Trump is a major coup for Alibaba and bodes well for its US relations. E-commerce giant Alibaba is wasting no time making big headlines in the New Year, starting with a major coup that has seen founder Jack Ma become the first big Chinese business leader to score a meeting with incoming U.S. President Donald Trump.

Yahoo to change name, trim board if Verizon deal gets done

Yahoo will adopt a new corporate identity and slash the size of its board if the proposed $4.8 billion sale of its digital services to Verizon Communications goes through. The company plans to change its name to Altaba Inc. after it turns over its email, websites, mobile apps and advertising tools to Verizon.

Why artificial intelligence is the future of

A man waits as Turkish Airlines planes are stuck on the tarmac during heavy snowfall at the Ataturk international airport in Istanbul, on Jan. 9, 2017. The days of journeying to a travel agency and sitting at the desk of an agent just to book a trip have all but disappeared, but technology is increasingly putting that level of personalized service in the palms of our hands.

Marissa Mayer to resign from Yahoo after Verizon acquisition is completed

Yahoo CEO Marissa Mayer will resign from the board of the rump of Yahoo when Verizon finally completes its acquisition of the company’s web portal, search engine, email service and news services. Verizon will merge the Yahoo-branded web properties with AOL, which includes advertising sales platforms and websites such as The Huffington Post , TechCrunch and Engadget .

Alibaba to buy China mall operator in $2.6 bn plan

Chinese e-commerce titan Alibaba will take control of domestic department store Intime through a $2.6 billion privatisation scheme, the companies said Tuesday, sending shares of the mall operator surging. Alibaba and Intime founder Shen Guojun have together offered to pay HK$10 per share to buy the shares they do not already own of the Hong Kong-listed chain.

Yahoo to change name, trim board if Verizon deal gets done new

The company plans to change its name to Altaba Inc. after it turns over its email, websites, mobile apps and advertising tools to Verizon. The new name is meant to reflect Yahoo’s transformation into a holding company for investments in China’s e-commerce leader, Alibaba Group, and Yahoo Japan that are worth about more than $40 billion combined.

Top StoryYahoo to change name, trim board if Verizon deal gets done

The company plans to change its name to Altaba Inc. after it turns over its email, websites, mobile apps and advertising tools to Verizon. The new name is meant to reflect Yahoo’s transformation into a holding company for investments in China’s e-commerce leader, Alibaba Group, and Yahoo Japan that are worth about more than $40 billion combined.

Alibaba’s Ma Meets With Trump to Talk About Creating Jobs

Alibaba Group Holding Ltd. Chairman Jack Ma met with Donald Trump on Monday to discuss how the online retailer could help create 1 million new U.S. jobs, keying in on one of the president-elect’s chief concerns amid fraught relations between China and the incoming administration. The Chinese e-commerce giant said the positions would be generated through Alibaba adding 1 million small and medium-sized U.S. businesses to its platforms, estimating that each one will hire a new person as a result of the added commerce.

ChannelAdvisor to Announce Fourth Quarter and Full Year 2016 Financial Results on February 9, 2017

ChannelAdvisor Corporation , a leading provider of cloud-based e-commerce solutions that enable retailers and branded manufacturers to increase global sales, today announced that it will release its fourth quarter and full year 2016 financial results for the period ended December 31, 2016 after 4:15 p.m. ET on Thursday, February 9, 2017. On that day, management will hold a conference call and webcast at 4:30 p.m. ET to review and discuss the Company’s results for the fourth quarter and full year.

Lateral looking at strategic Thred stake

Thred Limited , developer of a unified social messaging and social e-commerce platform, is in talks regarding a strategic stake by Lateral Pty Ltd, an established Australian custom software development company it has been working with since August 2016. Thred said the intended investment by Lateral is initially expected to be up to $400,000 and would be made through participation in the current capital raising, where Thred is looking to raise $3.1 million via a 1 for 5 rights issue.

Digital economy to create 400 million jobs in China: report1 hour ago

Beijing, Jan 8: China’s digital economy is predicted to create over 400 million jobs by 2035 with e-commerce giant Alibaba generating 100 million of them, ?a new report has said. Internet-based economy could be worth USD 16 trillion by then, according to a Boston Consulting Group report that was released at a new economy summit sponsored by Alibaba Group yesterday.