Alibaba Group Names Goldman Sachs’ Michael Evans President  Aug 05, 2015 10:59 AM By MCM Staff

Globalization is Alibaba Group’s most important strategy for the coming decades, and its goal is to help 10 million global businesses and serve 2 billion consumers around the world. That’s why Alibaba Group announced the appointment of Michael Evans as President of Alibaba Group on Tuesday.

Macy’s, Bloomingdale’s Roll Out Same-Day Delivery in 9 New Markets  Aug 05, 2015 10:41 AM By MCM Staff

Macy’s is expanding same-day delivery service to nine additional markets, giving them 17 in all, surpassing Amazon which provides the service in 14 markets.

Macy’s To Expand Same-Day Delivery to 9 New Markets  Aug 04, 2015 1:06 PM By Mike O'Brien

After a successful fall pilot in 8 markets, Macy’s is expanding same-day delivery service to 9 additional metro areas, giving it greater reach than Amazon.

UPS to Acquire Coyote Logistics for $1.8 Billion  Aug 04, 2015 10:43 AM By MCM Staff

UPS will acquire Coyote Logistics, a technology-driven, non-asset based truckload freight brokerage company, for $1.8 billion from Warburg Pincus.

Jet Sets Bold Goal of $20 Billion by 2020  Aug 03, 2015 1:24 PM By Mike O'Brien

Fresh off its launch, Jet is betting that delivering savings by pulling out supply chain costs will lead to ultimate success in a space dominated by Amazon.

EU Probing FedEx’ Proposed Acquisition of TNT Express  Aug 03, 2015 9:02 AM By Mike O'Brien

The EU is investigating whether FedEx’ proposed acquisition of TNT Express would be an anti-competitive deal in the European parcel delivery market.

Week in Review: eBay Now Same-Day Service Grounded  Jul 31, 2015 12:17 PM By MCM Staff

eBay has pulled the plug on its eBay Now same-day delivery pilot programs, but is still exploring solutions that fit better with its 25 million sellers. Here’s a look at this weeks’ news, commentary and events that shaped the direct-to-customer world… and more.

Visa and Stripe Partner to Expand Ecommerce Globally  Jul 30, 2015 2:33 PM By MCM Staff

Working together, Visa and Stripe, a mobile and online payment provider, will enable a global payments solution for new ecommerce experiences like “buy buttons” and new innovations to come.

Bitnet and Zooz Enable Merchants to Accept Bitcoin  Jul 30, 2015 2:28 PM By MCM Staff

Bitnet and Zooz have announced a strategic partnership that will enable merchants to accept bitcoin as a payment method on the Zooz payment platform.

UPS Beats Q2 Earnings Estimate Even As Revenue Falls  Jul 29, 2015 4:34 PM By Mike O'Brien

UPS’s Q2 earnings beat analyst estimates, even as revenue was slightly below expectations. Its B2B business gained from ecommerce, omnichannel and returns.

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