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Ecommerce
49 posts
Amazon Plans To Lay Off 18,000 workers, More Than Meta Did Last Year
Amazon has announced that it will be cutting down its employee headcount, and now plans to reduce more…
Amazon Secures An $8 Billion Loan, Cites An Uncertain Macroeconomic Environment
American e-commerce company Amazon has secured a loan of $8 billion from DBS Bank, Mizuho Bank, and others.…
Kenya-based Badili Secures Pre-Seed Funding Of $2.1 Million
Kenya is one of Africa’s fastest-growing mobile phone markets, making it a hot spot for businesses looking to…
Etsy Surpasses Analysts’ Third-quarter Estimates, Issues Strong Guidance For The Fourth Quarter
Shares of e-commerce company Etsy soared as high as 10 percent in Wednesday’s extended trading after the company…
eBay Reports Better-than-expected Third Quarter Revenue, Shares Soar 7 Percent In Extended Trading
Shares of e-commerce company eBay soared 7 percent in extended trading on Wednesday, following a slump of about…
Amazon Reports Third Quarter Results That Failed To Meet Estimates, Issues Weak Fourth Quarter Guidance
Amazon shares fell 13 percent in Thursday’s extended trading after the company reported a revenue miss and issued…
TikTok To Launch Live Shopping In The US
Short-video streaming platform TikTok is looking to launch its live shopping offering in the US and is looking…
Africa’s e-Commerce Unicorn Jumia’s Results Show That The Company Is Past Peak Losses And Ready For Profitability
Africa’s e-commerce titan Jumia announced on Wednesday that it was past peak losses and is ready for profitability.…
Etsy Surpasses Second Quarter Estimates, Shares Soar More Than 15 Percent
Shares of e-commerce company Etsy were up over 8 percent on Wednesday after-trading hours after the company released…
Shopify’s Quarterly Results Fall Below Expectation, Issues Weak Guidance For Next Quarter
E-commerce company Shopify reported weaker than expected quarterly earnings results for the second quarter of 2022. The company…
