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Alibaba’s record $2.8 billion fine has inadvertently seen its founder’s net worth skyrocket $2.3 billion as the company’s stock continues to rally.

Alibaba’s $2.8bn fine saw founder Jack Ma’s net worth jump $2.3bn

April 14, 2021

Alibaba’s record $2.8 billion fine has inadvertently seen its founder’s net worth skyrocket $2.3 billion as the company’s stock continues to rally. Jack Ma, now the third richest man in…

Alibaba has seen its shares jump nearly eight per cent this morning despite it being slapped with a record $2.8 billion antitrust fine by Chinese regulators.

Alibaba shares soar 8% despite being slapped with record $2.8bn fine

Companies Ecommerce Industry

Alibaba Antitrust China fine Jack Ma Shares

April 12, 2021

Ben Stevens

No Comments

Alibaba has seen its shares jump nearly eight per cent this morning despite it being slapped with a record $2.8 billion antitrust fine by Chinese regulators. Alibaba, which has been…

GameStop has announced plans to try and cash in on its Reddit-driven stock roller coaster by selling $1 billion of additional shares.

GameStop to cash in on trading frenzy and sell up to $1bn in shares

Companies Industry

GameStop Shares stock Wall Street

April 6, 2021

Ben Stevens

No Comments

GameStop has announced plans to try and cash in on its Reddit-driven stock roller coaster by selling $1 billion of additional shares. The struggling video game retailer became the centre…

GameStop stocks skyrocket 100% again but analysts can’t work out why

Companies Industry

GameStop Reddit Shares stocks Wall Street

February 25, 2021

Ben Stevens

No Comments

GameStop stocks have once again skyrocketed on the US stock market more than doubling in a few hours, but analysts have no idea why. The video game retailer saw its…

Ocado’s boss Tim Steiner has denounced Amazon as a “very, very small player” in the UK grocery market as he brushed aside concerns it could majorly disrupt the sector.

Ocado sees shares dive 7.5% as investors raise concerns over “disappointing” expansion

Automation Companies

Barclays Hargreaves Lansdown Ocado Shares Solutions

February 11, 2021

Ben Stevens

No Comments

Ocado has seen its share price drop nearly 7.5 per cent since it revealed its full-year results yesterday as investors slammed the “disappointing” expansion of its solutions division. Yesterday the…

Poshmark saw its share prices skyrocket more than 140 per cent yesterday following its blockbuster initial public offering.

Poshmark doubles share price amid blockbuster IPO

Companies marketplace

Ebay IPO Poshmark Shares

January 15, 2021

Ben Stevens

No Comments

Poshmark saw its share prices skyrocket more than 140 per cent yesterday following its blockbuster initial public offering. The online clothing resale marketplace saw its stock trade at $100 per…

Etsy saw its share prices jump six per cent on Friday after it was unexpectedly added to the coveted S&P 500.

Etsy shares jump 6% after its surprise induction to the S&P 500

marketplace

Dow Jones Etsy S&P 500 Shares

September 7, 2020

Ben Stevens

No Comments

Etsy saw its share prices jump six per cent on Friday after it was unexpectedly added to the coveted S&P 500. The online marketplace was one of three US companies…

GameStop has seen its share prices nearly double overnight after it became the focal point of a battle between Wall Street and smaller independent investors.

GameStop shares dive 17% as online sales spike fails to stem losses

Companies Ecommerce

ecommerce GameStop lockdown Shares

June 12, 2020

Ben Stevens

No Comments

GameStop’s shares have divebombed over 17 per cent despite it reporting a 519 per cent increase in online sales during its first quarter. The video game retailer’s spike in online…

Ocado says it is due to re-open its high-tech Andover customer fulfilment centre later this year, two-years after a devastating fire burnt it to the ground.

Ocado to raise £1bn as “COVID‐19 pandemic increases interest” in the online grocer

Delivery / Supply Chain Ecommerce

equity Listing Ocado Shares

June 11, 2020

Ben Stevens

No Comments

Ocado is set to raise more than £1 billion in equity as it aims to make the most of “significantly accelerated” interest in online groceries due to the pandemic. The…

JD.com and Alibaba raked in more than $130 billion (£104 billion) during the ‘618’ shopping festival in signs that the world’s second largest economy is returning to health.

JD.com starts offering shares for $4bn secondary listing

Companies Ecommerce News

Hong Kong JD.com Nasdaq public listing Shares Stock Exchange

June 8, 2020

Ben Stevens

No Comments

JD.com is set to raise around $4 billion in shares as it prepares to list on the Hong Kong stock exchange in one of the biggest public offerings of 2020.…

Shares

Alibaba’s $2.8bn fine saw founder Jack Ma’s net worth jump $2.3bn

Alibaba shares soar 8% despite being slapped with record $2.8bn fine

GameStop to cash in on trading frenzy and sell up to $1bn in shares

GameStop stocks skyrocket 100% again but analysts can’t work out why

Ocado sees shares dive 7.5% as investors raise concerns over “disappointing” expansion

Poshmark doubles share price amid blockbuster IPO

Etsy shares jump 6% after its surprise induction to the S&P 500

GameStop shares dive 17% as online sales spike fails to stem losses

Ocado to raise £1bn as “COVID‐19 pandemic increases interest” in the online grocer

JD.com starts offering shares for $4bn secondary listing

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