Tag Archives: ecommerce

Yahoo Jumps into the Ecommerce Fray with New Online Marketplace

Verizon Media — a division of Verizon Communications that includes AOL and Yahoo — will launch Yahoo Shops, a combination marketplace and advertising solution. The Yahoo Shops marketplace will feature a personalized digital storefront. Users go through a brief onboarding where they indicate their tastes and preferences and are then presented with their “own digital mall” featuring brands that align with their interests. Yahoo Shops is not yet live; users are currently able… Source link

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bne IntelliNews – Russia’s Yandex maintains e-commerce ambitions, ecosystem seen as key

Russia’s internet major Yandex is maintaining ambitious plans in the e-commerce space for this year and sees its ecosystem as a key competitive advantage, Sova Capital wrote on March 11 after a call with Yandex executives and investors. As reported by bne IntelliNews, in 2021 Yandex for the fifth year in a row topped the list of most valuable tech and internet companies with a valuation of $23bn. Its investment case now rests on… Source link

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bne IntelliNews – Russia’s Yandex maintains e-commerce ambitions, ecosystem seen as key

Russia’s internet major Yandex is maintaining ambitious plans in the e-commerce space for this year and sees its ecosystem as a key competitive advantage, Sova Capital wrote on March 11 after a call with Yandex executives and investors. As reported by bne IntelliNews, in 2021 Yandex for the fifth year in a row topped the list of most valuable tech and internet companies with a valuation of $23bn. Its investment case now rests on… Source link

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How South Korea’s e-commerce giant traded on its IPO day

Coupang (CPNG) shares closed at $49.52 each on their first day of trading, well below their opening trade but still above their IPO price, in the largest initial public offering in the US this year. Dubbed the Amazon (AMZN) of South Korea, shares of the e-commerce giant opened at $63.50 after pricing its IPO at $35 a share, raising $4.6 billion. About 10 minutes after the opening trade, the stock was trading at around $59 a share. The IPO surpassed that of dating app Bumble (BMBL), which Source link

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Yandex to spend $400-500 million on e-commerce

Russia’s Yandex, which on Tuesday reported a 2% rise in 2020 net profit, plans to spend $400 million-$500 million on an e-commerce push this year to help annual revenue reach 305-320 billion roubles ($4.1-4.3 billion), its finance chief said, Reuters reports. Yandex’s core advertising business took a hit during the early stages of the COVID-19 pandemic, but surging interest in online transactions allowed other segments of its business to flourish, including food delivery and… Source link

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UPDATE 1-Russia’s Yandex to spend $400-500 mln on e-commerce in 2021 after profit rise

Benzinga What Keystone Pipeline Cancellation Means For Crude-by-rail President Joe Biden’s revocation of the March 2019 permit enabling the construction of the Keystone XL pipeline will likely result in more crude-by-rail volumes, according to industry observers. But how much volumes will increase could largely depend on the price that heavy crude oil can fetch in the global market. “The cancellation of the Keystone pipeline project was inevitable once the government changed. Despite its… Source link

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