Ecommerce

Amazon Expanding Deliveries by 'On-Demand' Drivers

Amazon.com is quietly inviting drivers for its new "on-demand" delivery service to handle its standard packages, as the online retailer looks to speed up delivery times and tamp down its growing multi-billion dollar logistics bill.

LinkedIn Shares Fall 40% on Forecast, Analyst Downgrades

LinkedIn might be the go-to website for job seekers and other professionals to grow their business connections, but it was not one Wall Street wanted to touch Friday as the share price was under considerable pressure.

Alibaba's 3Q Earnings Beat Expectations

Alibaba reported an adjusted 3Q profit of $0.99 per share, topping the estimate for $0.87. Revenue for the company came in at $5.33 billion, also beating the estimate for $5.03 billion.

Amazon 2Q EPS Results Miss Views; Shares Off 3%

Amazon.com posted 2Q per-share results Thursday that missed expectations. The online retail giant weighed in with a loss of 2 cents a share on revenue of $15.7 billion. The stock is off 3% in after-hours trading.

Don't Be Shocked If Market Tests Lows

We’ve been moving more or less sideways, but I’d be surprised if the current lows aren’t tested – and broken – in weeks to come.

Amazon Earnings: What to Expect

Amazon reports earnings after the bell Thursday with Wall Street forecasting revenue of $20.8 billion. Expect investors to be focused on topline growth and operating margins.

Alibaba’s IPO: Should You Buy Into the Hype?

If Alibaba can continue to scale domestically at or near those margin levels, it can do so internationally as well, and it could represent the most profitable and scalable business models of any large cap tech company on Earth.

Alibaba Hits the Road to Promote Huge IPO

Chinese e-commerce giant Alibaba kicked off its IPO roadshow on Monday in New York, drawing in hundreds of investors to the the Waldorf Astoria hotel in Midtown Manhattan.

Amazon Buys Twitch for $970 Million

After months of speculation that Google was close to finalizing a deal to buy Twitch Interactive, Amazon has announced that it will be purchasing the gaming platform for $970 million in cash.