Leadership shakeup continues at GameStop, CEO to depart
The overhaul in the top ranks of GameStop continues with the announced departure of CEO George Sherman at the end of July.
Apr 19, 2021
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Business
News tagged with e-commerce
Business
China's big tech 'rectification' continues after Alibaba record fine
A record fine, public penitence from a tech giant and a 'who's who' of digital firms warned to "rectify" their ambitions within a month—state regulators are showing no one is bigger than Beijing in Xi Jinping's China.
Apr 14, 2021
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Business
'Heed the warning': Beijing summons 34 tech firms after record Alibaba fine
Chinese regulators have warned 34 technology giants—including Baidu and Tencent—to "rectify" any anti-competitive measures, a statement said Tuesday, days after e-commerce giant Alibaba was fined nearly $2.8 billion for ...
Apr 13, 2021
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Business
China hits Alibaba with record $2.78bn fine for market abuses
Chinese regulators hit e-commerce giant Alibaba with a record 18.2 billion yuan ($2.78 billion) fine on Saturday over practices deemed to be an abuse of the company's dominant market position.
Apr 10, 2021
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Business
Facing pressure at home, Chinese tech giants expand in Singapore
Chinese tech giants are expanding in Singapore as they face a crackdown at home and growing pressure in other key markets—but they may struggle to find talent in the city-state.
Apr 05, 2021
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Business
In apology, Amazon admits some drivers have to 'pee in bottles'
E-commerce giant Amazon has apologized to a US lawmaker after falsely denying that some of its drivers are forced at times to urinate in plastic bottles.
Apr 03, 2021
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Business
Amazon seeks to build on soaring growth as Bezos hands over
Amazon is changing at the top but stressing continuity after founder Jeff Bezos announced he was handing over the role of chief executive to trusted lieutenant Andy Jassy, capping a spectacular expansion for the 27-year-old ...
Feb 03, 2021
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Business
Amazon to expand tech hub in Boston with 3,000 new jobs
Amazon announced plans Tuesday to expand its technology hub in the Boston area, creating some 3,000 jobs in the next few years.
Jan 26, 2021
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Business
TikTok owner ByteDance launches e-payment service
TikTok owner ByteDance has begun rolling out an electronic payment service connected to Douyin, the Chinese version of the popular short video app, the tech giant said Tuesday.
Jan 19, 2021
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Business
Why Amazon, Apple, Peloton and Zoom won 2020, while others like Quibi lost big
When a pandemic hits, stay-at-home orders are issued and people are spending even less time at retail stores, e-commerce giant Amazon was there to serve.
Dec 30, 2020
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