Retail

  • Amazon’s Prime strategy is paying off

    While Amazon does not compete head-on with tech giants Google and Facebook, the Seattle-based company has been quietly pursuing a strategy that hinges on one of...

  • Amazon tests drones with the UK government

    Amazon will begin testing aerial drones in UK suburbs and rural areas through a partnership with the UK government, the first time the ecommerce company has...

  • Amazon’s first foray into private-label products

    Amazon’s biggest annual sale event — its Prime Day today — will be more of an own-brand special this year. It may go unnoticed by many shoppers, but...

  • Walmart grocery delivery with Uber and Lyft

    Walmart is raising the stakes in grocery delivery, announcing a tie-up with car-hailing services Uber and Lyft to deliver groceries in a pilot scheme based in...

  • SoftBank plans to sell 4.2% in Alibaba

    SoftBank plans to sell at least $7.9 billion worth of its stake in Chinese ecommerce group Alibaba to raise cash and pay down debt, in the...

  • VocaLink allows chinese to use ATMs in Europe for the 1st time

    VocaLink, which underpins much of the UK’s payments infrastructure, has struck a deal with one of China’s largest card issuers allowing billions of customers to use...

  • Amazon Business is gaining market share

    Amazon Business, the office supply arm of the ecommerce group Amazon, passed $1 billion in sales less than a year after being launched, the company said...

  • Amazon ramps up its battle with Netflix and Hulu

    Amazon has launched its video streaming service as a standalone offering in the US, as it ramps up its battle with rivals including Netflix and Hulu. Previously,...

  • Alibaba acquires Lazada

    Chinese ecommerce group Alibaba has announced a $1 billion deal to take a controlling stake in its Southeast Asian counterpart Lazada, as it looks to expand...

  • Google brings mobile payment to the UK

    Google is bringing its mobile payment service for Android smartphones to the UK, in a move that will expand its competition with Apple’s rival system. Android Pay...

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