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Tag: Internet

Nike won’t sell directly to Amazon anymore

Valentyn Ogirenko | Reuters Nike will stop selling merchandise directly to Amazon, as part of its push to sell more directly to consumers, the company confirmed to CNBC. The abrupt halt will end a pilot test that Nike and Amazon launched together in 2017. At the time, Nike agreed to sell a limited product assortment …

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Alibaba Singles Day sales missed expectations

Alibaba founder Jack Ma attends the 5th World Zhejiang Entrepreneurs Convention at Hangzhou International Expo Centre on November 13, 2019 in Hangzhou, Zhejiang Province of China. VCG | Visual China Group | Getty Images Alibaba co-founder Jack Ma said the company’s Singles Day performance missed expectations and blamed the hot weather and the fact the …

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EMQQ founder ‘takes comfort’ in US-China trade war

They don’t call them “emerging” markets for nothing. Overhangs to the emerging markets bull case — most notably the ongoing U.S.-China trade dispute and the increasingly violent protests in Hong Kong — aren’t swaying EMQQ founder Kevin Carter from his post as head of the China-heavy exchange-traded fund. In fact, the cacophony of China worries …

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The internet brings chaos to NY streets, Retail News, ET Retail

By Matthew Haag and Winnie HuNEW YORK: An Amazon order starts with a tap of a finger. Two days later — or even in a matter of hours — the package arrives. It seems simple enough. But to deliver Amazon orders and countless others from businesses that sell over the internet, the very fabric of …

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ACI study, Retail News, ET Retail

Pune: Digital payments are preferred by 42 per cent of consumers in India, leading card payments (29 per cent ) and cash (27 per cent ), according to a new online study conducted by YouGov and ACI Worldwide, a global provider of real-time electronic payment and banking solutions. The study found that younger consumers preferred …

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Best Buy follows Amazon, Walmart in next-day delivery push

Best Buy announced Tuesday that it will now offer free next-day delivery on thousands of items — right in time for the holiday season. The new delivery service covers items such as tablets, headphones and even espresso machines but excludes larger items such as big-screen TVs and refrigerators. Best Buy said 99% of customers will …

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Alibaba Group thwarts 300 million hack attempts per day

Alibaba’s company logo at its office in Hong Kong on February 22, 2012. Aaron Tam/Stringer | Getty Images Chinese technology giant Alibaba Group is the target of some 300 million attempted cyber attacks per day, according to the company’s founder and former executive chairman, Jack Ma. Ma said he was “proud” that despite the tirade …

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