E-commerce giant Alibaba, which recently raised a record $25 billion from its initial public offer (IPO) on the New York Stock Exchange, has received Chinese market regulator CBRC’s approval to set up a private bank. The company has already made its footprints in the banking business with its fund management platform Yuebao that is already eating into the business of various traditional banks in the country.
Re/code (blog) Amazon's Grocery Delivery Business Coming to New York City Re/code (blog) Amazon is preparing to start its Fresh grocery delivery business in New York City as early as next month, according to two people who have been briefed on the...
Over the past year, Amazon has been quietly building out its own capacity to do more of what the big carriers do---a logistics upgrade that takes the company one step closer to taking over the entire delivery process for itself.
CEO Deepak Chopra says the company must out-compete the world’s most efficient, agile and profit-driven parcel delivery companies to survive (The evolution of Canada Post, from letter carrier service to #eCommerce #SupplyChain & #Logistics giant.
EBay disclosed plans to spin off its PayPal business into a separate publicly traded company next year, taking a page from the playbook of activist investor Carl Icahn, who had pushed for the company to split.
WantChinaTimes Farm produce the next frontier for China's e-commerce WantChinaTimes Farmers in China are eagerly anticipating support from domestic e-commerce giant Alibaba after it pledged to reinvest funds from its record stock flotation into...
Rocket draws big investor crowd for emerging market Web plan Daily Mail However, chief executive and co-founder Oliver Samwer on Wednesday said Rocket Internet aimed to reinvent itself through the initial public offering (IPO) financing, saying it...
Latest acquisition to boost MetaPack's international eCommerce offering with a next generation of delivery reporting, parcel tracking and carrier management capabilities London, UK, 23 September 2014 - The MetaPack Group, a leading provider of eCommerce technology delivery services, today announced the acquisition of ABOL Software Inc
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