Catenaa, Friday, August 29, 2025- Alibaba Group reported a triple-digit percentage gain in revenue from China’s AI boom, providing a breath in for investors nervous about the competition with JD and Meituan. China’s e-commerce leader reported a triple-digit percentage gain in AI-related product revenue as well as a better-than-anticipated 26% jump in sales from the […]
Catenaa, Thursday, April 10, 2025- Chinese companies that sell products on Amazon are preparing to hike prices for the US market or quit it with the ongoing trade war between China and the US. Head of Shenzhen Cross-Border E-Commerce Association, China’s largest e-commerce association, Wang Xin said that it will be very hard for anyone […]
Catenaa, Thursday, June 19, 2025- Amazon will invest more than $233 million in India in 2025 to scale up its all-India operations network, the e-commerce giant said on Thursday. The investment builds on top of Amazon’s prior investments for the creation of an operations network to deliver to all serviceable pin-codes in the country. In […]
Catenaa, Monday, August 25, 2025- Chinese e-commerce firm PDD Holdings, which owns Temu, exceeded market estimates for quarterly revenue on Monday, showing a rebound in domestic demand and international business. The Chinese government has been seeking to boost domestic consumption to revive a sluggish economy that is navigating several pressures, including a weak property sector […]
Catenaa, Friday, March 21, 2025– E-commerce giant Temu parent company PDD Holdings revenue grew by 24% in the December quarter, the company said on Thursday, missing the market estimates with low domestic demand and US Tariffs. The e-commerce company reported revenue of 110.6 billion yuan ($15.3 billion) for the December quarter, compared with LSEG analysts’ […]
Catenaa, Thursday, August 21, 2025- Walmart reported increased profits and sales for Q2 on Thursday as the retailer finds success in e-commerce despite a tariff-induced price-sensitive environment. The company said it earned $7.03 billion, or 88 cents per share, for the three months ended July 31. That compares with $4.50 billion, or 56 cents per […]