Marketplaces
January 12, 2017 at 10:48 am
As the founder and CEO of a diverse, international technology company based in San Francisco, California and Indore, India, political developments in the United States over the last few months have given me much to contemplate. I'm a relatively new U.S. citizen, so it was recently my privilege to vote for the first time in…
January 10, 2017 at 12:01 pm
Alibaba Executive Chairman Jack Ma met U.S. President-elect Donald Trump on Monday and laid out the Chinese e-commerce giant's new plan to bring one million small U.S. businesses onto its platform to sell to Chinese consumers over the next five years, an Alibaba spokesman said. Alibaba Group Holding Ltd expects the initiative to create one million U.S.…
December 30, 2016 at 8:43 am
Amazon has already created one shopping holiday to help boost its bottom line, and now, it has another to debut. Today, Amazon is holding its first-ever one-day blowout sale named “Amazon Digital Day.” The e-commerce giant is discounting over 1,000 digital items across its site to encourage post-holiday spending. The retailer will be selling items…
December 28, 2016 at 11:52 am
Amazon had a record breaking holiday season. According to Forbes, Amazon has declared 2016 its "best ever" holiday season, selling millions of Alexa devices and enough 4K TVs to reach the peak of Mount Everest more than nine times. In addition, the e-commerce Goliath gifted a record setting number of products. The company doesn't typically…
December 23, 2016 at 10:32 am
Critics of President-elect Donald Trump and his oldest daughter Ivanka are letting their voices be heard — on Amazon.com. These critics are leaving bad product reviews on Ivanka’s fashion and beauty products. One review on a pair of boots reads, “These boots were perfect for wiping my feet on the Constitution and trampling the civil…
December 22, 2016 at 10:01 am
The U.S. Trade Representatives' annual list of global marketplaces known for counterfeit and pirated goods was released this week, and Alibaba Holdings Ltd. is back on it. The list specifically mentions Alibaba's flea market-like Taobao shopping platform, which had not made the list in years, citing rights holders’ complaints regarding obstacles to removing counterfeit items…
December 15, 2016 at 10:33 am
Will ambitious Amazon.com change the way we buy everything? The online retailer wants to sell us everything we buy and consume, and I do mean everything. From movies we watch to groceries we eat, Amazon will soon sell cars we drive (or drive us), too. For traditional retailers, Amazon is more than a 600-pound gorilla…
December 9, 2016 at 9:41 am
Less than a week after The Wall Street Journal reported that Amazon.com plans to open "more than 2,000 brick-and-mortar grocery stores under its name," a company spokesperson denied the claim. "It's absolutely not correct," Amazon spokeswoman Pia Arthur said in an emailed statement to CNET Magazine. "We have no plans to open 2,000 of anything.…
December 8, 2016 at 5:03 pm
Freed from the shackles of traditional in-store retail, online retailers have a unique ability to develop new models that revolutionize the industry. There's no better proof than the power of the e-commerce store to offer an endless shelf. And, as Amazon.com has proven, the most effective, fastest and least risky way to build out this…
November 22, 2016 at 9:46 am
Shoppers looking for a discounted Amazon Prime membership were able to snag one last week for $79 (about 20 percent off) for one-day only. According to an article on Fortune, shoppers were able to take advantage of this offer from Nov. 18 at 12:00 a.m. ET until 11:59 p.m. PT. The limited-time Prime deal was…
