Ebay sales falter as analysts call Amazon the “primary culprit”
Ebay has seen its shares dive five per cent after it warned investors that it would miss analyst estimates this quarter, with experts citing Amazon as the “primary culprit”.
The…
JD.com reports slowest Q1 growth in its history
JD.com has reported its slowest revenue growth on record over its first quarter as it struggles to find new customers in its home market. The Chinese ecommerce giant saw net…
Amazon to spend nearly $1bn halving Prime delivery times
Amazon is set to half delivery times for its Prime customers, setting aside nearly $1 billion to offer free one-day delivery for all its paying members. The ecommerce giant has…
Tesla reports $702m loss in “one of the most complicated quarters” in its history
Tesla has reported a dramatic drop in profits for the first quarter of 2019, adding that it doesn’t expect to return to profit until the third quarter. For the first…