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How We Shop: A seismic change in the way Americans are shopping is roiling trucking. Truckers are caught in a tug-of-war with shippers and consumers over who should pay for the growing costs of delivering e-commerce.
In its biggest overseas acquisition to date, Alibaba will pay about $1 billion to buy a controlling stake in Singapore e-commerce startup Lazada, betting on growth in Southeast Asia.
Alibaba’s investment in Southeast Asian e-commerce platform Lazada is a rarity for the Chinese e-commerce giant: a deal that fits nicely into its broader business.
Spotify’s founders warned in an open letter that the music-streaming company may have to focus efforts elsewhere unless Swedish politicians address the country’s high housing costs and punishing tax regime.
YRC Worldwide Inc. is the latest trucking company to offer expedited service for e-commerce customers and others willing to pay for faster delivery
Overstock.com said its founder and Chief Executive Patrick Byrne will take an indefinite personal leave of absence for medical reasons.
NHN’s investment will double the value of Ticket Monster to $1.5 billion within a year and is the latest maneuver in a contest between South Korea’s mobile commerce giants.
Beleaguered freight operators say e-commerce giant may jump start demand and capacity growth.
Retailers who enable faster, easier mobile purchases through fingerprint readers and touch-based payment services can streamline the buying process and differentiate themselves from competitors, says Paul Lee, head of global technology, media, and telecommunications research at Deloitte Touche Tohmatsu Limited.
Clothing and accessories overtook computer hardware as the biggest e-commerce category for the first time last year, as free shipping and mobile shopping spread, according to a new study.