Alibaba Group Holding reported “encouraging” user engagement and merchant growth during the 618 midyear online shopping festival, while rival Xiaohongshu, often referred to as China’s Instagram, announced its online sales had tripled compared to the previous year. Alibaba’s domestic e-commerce ...
Online marketplace eBay will soon include Venmo as a payment option, aiming to expand payment choices and cater to the preferences of Gen Z and millennial shoppers. This new payment method will be available to U.S. buyers on eBay.com and ...
Coupang Inc., South Korea’s largest e-commerce platform, was fined 140 billion won ($102 million) on Thursday for allegedly manipulating search algorithms to prioritize its private labels and products it directly sold, according to the country’s antitrust body. The Korea Fair ...
Alibaba’s strategic shift to prioritize long-term growth over immediate substantial profits is beginning to show signs of success. However, analysts warn that increasing competition might hinder the e-commerce giant from reclaiming its former market dominance. Once a dominant force in ...
After approximately 20 years in business, the millennial and Gen Z fashion retailer Revolve Group has opened its first permanent brick-and-mortar location. Situated in the heart of downtown Aspen, Colorado, this opening follows the successful run of the Revolve/Fwrd pop-up ...
On Monday, Walmart introduced Pretty Smart to its shelves, positioning it as a luxury makeup brand. Founded by beauty veteran Marissa Shipman, Pretty Smart will be exclusively available in 2,800 Walmart stores across the U.S. and online at walmart.com. Shoppers ...
As reported on Sunday (June 9), retail landlords are currently experiencing a surge in demand for spaces. With a decline in construction and the exit of underperforming stores, landlords have started to attract tenants that can draw more foot traffic ...
After conquering the worlds of beauty and lingerie, Rihanna is now setting her sights on hair care. Her eagerly awaited Fenty Hair, a collection of products designed to “strengthen and repair all types of hair,” is set to launch later ...
As consumers globally seek more engaging purchasing experiences, livestream shopping is gaining traction internationally. For example, Zara is reportedly expanding its live shopping to the United States, United Kingdom, and Europe after experiencing increased sales from its streams in China. ...
Low-value and small-volume orders of clothing from Temu and Shein will face higher taxes starting next month, Business Times reports. The Foschini Group (TFG) CEO Anthony Thunström informed the publication that the South African Revenue Service (Sars) has decided to ...