Latest E-commerce News

FILE - In this Monday, May 2, 2016, file photo, Jet.com CEO Marc Lore speaks during an interview in Hoboken, N.J.  Lore, Walmart’s e-commerce chief, is leaving the world’s largest retailer, Friday, Jan. 15, 2021, nearly five years after he joined to super charge its online business amid stiffer competition from online leader Amazon. Under Lore’s stewardship, Walmart led the redesign of the company’s website, expanded its online assortment from 10 million to more than 80 million and transformed its delivery network to add two-day and same day delivery.    (AP Photo/Seth Wenig, File)

Walmart's e-commerce chief to leave after nearly 5 years

Jan. 15, 2021 12:07 PM EST

NEW YORK (AP) — Marc Lore, Walmart's e-commerce chief, is leaving the world's largest retailer, nearly five years after he joined to super charge its online business amid stiffer competition from online leader Amazon. Under Lore's stewardship, Walmart led the redesign of the company's website and app,...

FILE - In this Oct. 1, 2020 file photo, an Amazon Prime logo appears on the side of a delivery van as it departs an Amazon Warehouse location in Dedham, Mass.  Online shopping has been a lifeline for many as the virus pandemic shuttered stores and kept people at home. The COVID-19 pandemic has accelerated the change in how people shop in a world growing more comfortable and savvier with technology.  (AP Photo/Steven Senne, File)

Retail's online future grows brighter after pandemic bump

Jan. 7, 2021 10:10 AM EST

Online shopping has been a lifeline for many as the virus pandemic shuttered stores and kept people at home. The COVID-19 pandemic has accelerated the change in how people shop in a world growing more comfortable and savvier with technology. E-commerce sales' strong growth is expected to continue long after the...

FILE - In this May 15, 2019, file photo, founder of Alibaba group Jack Ma arrives for the Tech for Good summit in Paris. Ma hasn't been seen in public since he angered regulators with an October 2020 speech. That is prompting speculation about what might happen to the billionaire founder of the world's biggest e-commerce company. (AP Photo/Thibault Camus, File)

Where is Jack Ma, China's e-commerce pioneer?

Jan. 5, 2021 5:09 AM EST

BEIJING (AP) — China’s best-known entrepreneur, e-commerce billionaire Jack Ma, made his fortune by taking big risks. The former English teacher founded Alibaba Group in 1999, when China had few internet users. Online payments service Alipay launched five years later, before regulators said such...

FILE - Visitors to the Pax East conference play the new Nintendo Switch video game Animal Crossing, Thursday, Feb. 27, 2020, in Boston. Thousands of gaming enthusiasts attended the Pax East conference that opened in Boston, Thursday. (AP Photo/Steven Senne)

From Zoom to Quibi, the tech winners and losers of 2020

Dec. 28, 2020 5:54 PM EST

We streamed, we Zoomed, we ordered groceries and houseplants online, we created virtual villages while navigating laptop shortages to work and learn from home. In many ways, 2020′s pandemic-induced isolation threw our dependence on technology into overdrive, snipping away at our real-life connections while...

Floats that are part of the modified Macy's Thanksgiving Day Parade are seen from the Empire State Building in New York, Thursday, Nov. 26, 2020. Due to the pandemic, no crowds of onlookers were allowed to attend the annual parade. (AP Photo/Craig Ruttle)

Holiday trends to watch: Adult Play-Doh; stores that ship

Nov. 26, 2020 7:24 PM EST

NEW YORK (AP) — The pandemic is turning this into a holiday shopping season like no other. Toy companies are targeting stuck-at-home grown-ups with latte-smelling Play-Doh and Legos that turn into Warhols. Those who added a puppy to their family during the pandemic will see tons of gift options for their...

Daniel Zhang, Chairman and CEO of Alibaba Group, delivers a speech at the World Internet Conference in Wuzhen in east China's Zhejiang province Monday, Nov. 23, 2020. Zhang praised Chinese regulators Monday in a possible attempt to repair ties after the stock market debut of its former financial services arm was suspended following criticism of them by billionaire Alibaba founder Jack Ma. (Chinatopix Via AP)

Alibaba CEO says regulations for internet firms 'necessary'

Nov. 23, 2020 11:01 AM EST

HONG KONG (AP) — The chairman and CEO of e-commerce giant Alibaba Group praised Chinese regulators Monday in a possible attempt to repair ties after the stock market debut of its former financial services arm was suspended following criticism of them by billionaire Alibaba founder Jack Ma. Beijing’s...