Tag Archives: ecommerce

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

By Alexander Marrow, Nadezhda Tsydenova MOSCOW (Reuters) – 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. FILE PHOTO: The company logo is seen on the headquarters building of Yandex company, in Moscow June 14, 2012. REUTERS/Maxim Shemetov Yandex’s core advertising business took a hit during the… Source link

By Alexander Marrow, Nadezhda Tsydenova MOSCOW (Reuters) – 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. FILE PHOTO: The company logo is seen on the headquarters building of Yandex company, in Moscow June 14, 2012. REUTERS/Maxim Shemetov Yandex’s core advertising business took a hit during the… Source link

By Alexander Marrow, Nadezhda Tsydenova MOSCOW (Reuters) – 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. FILE PHOTO: The company logo is seen on the headquarters building of Yandex company, in Moscow June 14, 2012. REUTERS/Maxim Shemetov Yandex’s core advertising business took a hit during the… Source link

Sundar Pichai, chief executive officer of Alphabet Inc., gestures while speaking during a discussion on artificial intelligence at the Bruegel European economic think tank in Brussels, Belgium, on Monday, Jan. 20, 2020. Pichai urged the U.S. and European Union to coordinate regulatory approaches on artificial intelligence, calling their alignment critical. Geert Vanden Wijngaert | Bloomberg | Getty Images For nearly as long as Google‘s been a publicly traded company, it has attempted various… Source link

By Anna Rzhevkina, Alexander Marrow GDANSK/MOSCOW (Reuters) – The coronavirus crisis has helped fuel a surge in online shopping in Russia that has put even the remote icy expanse of Chukotka on the e-commerce map. FILE PHOTO: A Yandex.Eats food delivery courier wearing a protective face mask rides a scooter amid the coronavirus disease (COVID-19) outbreak in Moscow, Russia April 12, 2020. Picture taken April 12, 2020. REUTERS/Maxim Shemetov/File Photo The windswept region in Russia’s far… Source link

[unable to retrieve full-text content]Microsoft and Walmart look to boost ads, e-commerce with TikTok deal  Axios Source link

As Microsoft and Walmart work together on a deal to buy TikTok’s U.S. business from China’s ByteDance, the giants each see fresh opportunities to expand into long-coveted markets — advertising in Microsoft’s case and e-commerce for Walmart. But both companies have decidedly mixed track records in these realms. By the numbers: Walmart currently makes less than 8% of its total revenue on e-commerce, despite pricey forays into the industry, like its $3.3 billion acquisition of the now-defunct… Source link

Retail expert Erin Sykes discusses how retailers are adapting for consumers during the coronavirus outbreak, including texting their customers and rolling out small footprint stores. Google has been making a steady effort to transform its e-commerce platform into an Amazon competitor. The tech giant has been trying to recruit more sellers to Google Shopping since it offered free item listings on the e-commerce platform and Google Search in April and eliminated commission fees for… Source link

Google Shopping is sweetening deals to attract more sellers to its Buy On Google platform in another … [+] swipe at Amazon. (Photo by Tomohiro Ohsumi/Getty Images) Getty Images As the coronavirus has sent more shoppers online, Google GOOGL , after several failed attempts in the past, is again trying to own a growing share of the e-commerce market. The question is, will it work this time?  Google said Thursday it will drop commission fees for… Source link