News

Analyst Explains Why He Sold Alibaba Group (BABA) – ‘Gave This Trade 90 Days to Work’
CNBC host and analyst Joe Terranova recently said in a program that he sold Alibaba Group Holding Limited (NYSE:BABA).
TikTok signals layoffs as U.S. e-commerce team told to work from home
The Seattle-based team was told to await operational changes amid threats of a U.S. ban and continued trade tension with ...
Temu sees 48% drop in US users after de minimis loophole ends
Temu decided to shift its strategy after the White House ended the practice that allowed Chinese companies to ship low-value ...
Amazon inks pact with Gujarat govt to boost state MSMEs’ e-commerce exports
This partnership aligns with our broader goal of enabling $80 billion in cumulative e-commerce exports from India by 2030 ...
One of the largest U.S. retailers is restructuring and 1,500 people will be out of work
Walmart plans to cut around 1,500 corporate jobs in a U.S. restructuring aimed at trimming its expenses and speeding up ...
Bloomberg L.P.15d
TikTok Shop US Employees Told to Work From Home as Layoffs Loom
TikTok told US e-commerce staff to work from home Wednesday while awaiting emails regarding “difficult decisions,” suggesting the social media company is preparing to cut jobs. The Chinese ...
Yahoo Finance15d
TikTok signals layoffs as U.S. e-commerce team told to work from home
U.S. TikTok Shop employees received a memo on Tuesday that recommended its staff to work from home Wednesday ... restructuring efforts to TikTok’s e-commerce unit. In April, TikTok let go ...