Ecommerce

Carvana stock soars - why?

Shares of online used car dealer Carvana are up in trading as the supply in used car strengthens and the prices of new cars remain at all time highs.

How to avoid holiday online shopping scams

Experts offer tips to help shoppers avoid being swindled this holiday season when shopping online. E-commerce continues to surge which means shoppers need to be even more vigilant.

DoorDash lays off 1,250 employees to cut costs

DoorDash announced that it will lay off more than 1,200 employees in order to reduce operating expenses that, "if left unabated – would continue to outgrow our revenue."

Cyber Monday spending hits record $11.3B

Cyber Monday spending reached a record high of $11.3 billion this year as retailers doled out heavy discounts in order to drive demand, according to new data.