Ecommerce

EBay's profit forecast disappoints, shares fall

EBay warned Wall Street on Wednesday that profit this quarter could fall below analysts' estimates as it invests in marketing and a revamped website to attract more shoppers, sending shares down more than 5 percent in after-hours trade

EBay's profit forecast disappoints, shares fall

EBay warned Wall Street on Wednesday that profit this quarter could fall below analysts' estimates as it invests in marketing and a revamped website to attract more shoppers, sending shares down more than 5 percent in after-hours trade

Blue Apron cuts 6 percent of its workforce

Blue Apron said it had cut about 6% of its total workforce, as the meal-kit delivery company comes under increasing pressure from deep-pocketed rivals such as Amazon.