Business

Alibaba earnings down as China tech giants face turmoil

Chinese e-commerce leader Alibaba Group said Tuesday that it posted lower profit but maintained steady revenue growth, indicating that a government crackdown on the country's tech giants was having little impact on its core ...

Business

Amazon 'Prime Day' spend soars amid reopening

Amazon's annual "Prime Day" online shopping bonanza racked up more than $11 billion in sales at the e-commerce platform, market tracker Adobe reported on Wednesday.

Internet

Payment startups big winners of e-commerce boom

They were little known before the pandemic, but startups in the flourishing digital payment industry are now worth a fortune as COVID-19 has forced people to increasingly embrace e-commerce.

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