Amazon Once Again Posts Profit in Q3
Amazon reported a third-quarter profit of $79 million on sales that rose 23% to $25.4 billion, making it three of the last four quarters in the black.
Amazon reported a third-quarter profit of $79 million on sales that rose 23% to $25.4 billion, making it three of the last four quarters in the black.
JD.com and Tencent Holdings Limited jointly announced an expanded partnership to provide merchants with innovative mobile marketing solutions ahead of this year’s Singles Day promotion.
And now Singles Day is going omnichannel: Alibaba says more than 1,000 brands with 180,000 stores in 330 cities across China will synchronize online and offline resources to expand its 2015 11.11 Global Shopping Festival efforts. Here’s a look at what Alibaba hopes is an outline for omnichannel success.
Amazon said it is creating 100,000 seasonal positions across its U.S. network this holiday season to meet increased demand, up from 80,000 hired in 2014.
In the last few weeks I have come across several headlines where a retailer is either doing one of two things – launching a mobile app or redesigning their mobile site or app. See which retailers are aiming to make the mobile shopping experience a better one.
Jet.com has made a few splashes since the members-only marketplace officially launched 11 weeks ago. And word came this week that Jet.com eliminated its $50 membership fee. Here’s a look at Jet.com founder Marc Lore’s bold move, and the rest of the news that shaped the industry this week.
Singles Day 2015 may not be big for U.S. retailers. ChannelAdvisor executive chairman Scot Wingo says he hasn’t seen much spillover where Chinese consumers are buying from U.S. merchants. But he adds that the best way to take advantage of the Chinese consumer on Singles Day is to sell on Tmall.
Newegg announced Intel Unlocked, a collaboration that adds a new dimension to the e-commerce shopping experience. See what this will mean for both companies.
The launch of Amazon Business signifies Amazon’s second major move into the wholesale arena. A larger and improved version of the former AmazonSupply, the new site touts its success to encourage businesses to buy wholesale products from the site.
Shopify has launched Shopify Shipping, allowing merchants to buy and print discounted U.S. Postal Service shipping labels from within the Shopify platform.