Ecommerce

Alibaba's Revenue Jumps 59%

Chinese e-commerce giant Alibaba Group Holding reported a better-than-expected 59 percent jump in quarterly revenue.

Amazon Fixes Prime Day Checkout Snafu

Amazon.com Inc said on Tuesday it resolved a glitch that made it difficult for customers to add products to their shopping carts during "Prime Day", the online retailer's largest shopping event ever.

How Does Amazon Pay For Free Shipping?

Amazon Prime members gain several advantages, but one of the greatest is free shipping. How can Amazon afford free shipping? Learn their secret here.

Alibaba in Talks With Banks for up to $4 Billion Loan

Chinese Internet giant Alibaba Group Holding is in discussions with banks for a loan of up to $4 billion to fund expansion plans, including acquisitions, according to people familiar with the matter.

Yahoo Cuts Digital Magazines

The Internet company said it plans to close seven of its digital magazines, including sites dedicated to articles about food, travel, parenting and health, and lay off a portion of its workforce of journalists who worked on them.

Amazon to Expand Private-Label Offerings

Amazon.com in the coming weeks is set to roll out new lines of private-label brands that will include its first broad push into perishable foods, according to people familiar with the matter.