TikTok-owner ByteDance is in early talks to raise a new round of financing that will value it at $180 billion (138.14 billion pounds) after the investment, according to two people familiar with the matter.
China's Alibaba Group Holding Ltd beat estimates for quarterly revenue on Thursday, as its core e-commerce business continued to grow following China's emergence from the coronavirus lockdown.
Corporate China's star was just days away from seeing his Ant Group list on the stock market in a record $37 billion deal, when he chose to launch a blistering public attack on the country's financial system.
According to a recent NRF report, U.S. retail sales have largely recovered from the impact of the Covid-19 pandemic, a promising sign for the holiday shopping season.
A U.S. judge said on Wednesday he was uncertain if he had a legal basis to bar the imposition of further restrictions on TikTok after a Pennsylvania judge had already blocked the government's plan on Friday.
China's move to suspend Ant Group's $37 billion listing is "necessary, reasonable and legal," given rising concerns over risks to financial stability, a Chinese newspaper cited an expert as saying on Wednesday.
In the role, Guthrie will be responsible for leading VF’s global I&D efforts and directing, developing and operationalizing the company’s strategy, with a focus on transformational change.
E-commerce payments processor PayPal Holdings Inc beat Wall Street estimates for quarterly revenue and profit on Monday, driven by a surge in online spending from consumers staying at home due to the Covid-19 pandemic.
Canadian e-commerce company Shopify said on Tuesday it will partner with TikTok to help its one million-plus merchants more easily advertise their products on the video-sharing app, as it looks to grow its customer base.
Amazon.com Inc's long-awaited launch of its Swedish website on Wednesday was marred by glitches and translation errors, including mistaking the Argentinian flag for Sweden's.
Unilever, P&G and other major consumer goods manufacturers are touting lower-priced brands and discounts to woo penny-pinching shoppers struggling through the most severe global recession since the Great Depression.
According to a study carried out by NRF, consumers will be spending more than usual on gifts this holiday season as they look to distract themselves from the stress of the Covid-19 pandemic.
The property firm has tapped three retail leasing experts to help with new plans to “reimagine” its retail business and develop innovative ways to work with retailers.
The WhatsApp messaging app will start to offer in-app purchases and hosting services, as owner Facebook Inc moves to boost revenue from the app while knitting together e-commerce infrastructure across the company.
After criticism that coronavirus financial support was being withdrawn or reduced too soon, the UK's Chancellor of the Exchequer has unveiled additional support for jobs and businesses hit by the second Covid wave.
