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Tag: bln

Amazon to deliver 3.5 bln packages through own network in 2019, Retail News, ET Retail

Amazon.com Inc said on Thursday it was on track to deliver 3.5 billion customer packages globally this year through its in-house delivery network. Amazon, with its growing network of delivery planes, trucks and vans, is regarded as a potential long-term threat to FedEx Corp and United Parcel Service Inc, both of which have long counted …

Amazon to deliver 3.5 bln packages through own network in 2019, Retail News, ET RetailRead More

French online retail sales could top 100 bln eur in 2019, Retail News, ET Retail

PARIS – French shoppers are on course to spend over 100 billion euros on online in 2019, a rise of at least 8% on last year, as they splurge some 20 billion euros on web purchases over the Christmas period, France‘s Fevad e-commerce federation said. French consumers spent 18.3 billion euros ($20.24 billion)online during the …

French online retail sales could top 100 bln eur in 2019, Retail News, ET RetailRead More

Alibaba will raise up to $12.9 bln in Hong Kong listing -sources, Retail News, ET Retail

By Scott Murdoch HONG KONG, – Chinese e-commerce giant Alibaba will raise up to $12.9 billion in its Hong Kong secondary listing, pricing its shares at a 2.8% discount to their last closing price in New York, two sources with direct knowledge of the matter said. The company has given guidance to prospective institutional investors …

Alibaba will raise up to $12.9 bln in Hong Kong listing -sources, Retail News, ET RetailRead More

Alibaba praises Hong Kong at start of retail campaign for $13 bln listing, Retail News, ET Retail

By Scott Murdoch HONG KONG, – Alibaba Group Chairman Daniel Zhang said Hong Kong’s “future is bright” as the ecommerce giant kicked off the retail campaign for its secondary listing in the city gripped by increasingly violent protests and recession. In a first for the Asian financial hub, Alibaba said the listing would be fully …

Alibaba praises Hong Kong at start of retail campaign for $13 bln listing, Retail News, ET RetailRead More