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CEO Krishnamurthy insists country’s ecommerce sector remains ‘vibrant’
Sales have risen 80 per cent in two years with IT facilitating market entry for smaller companies
Rivals seek to ride coattails of Chinese fast-fashion giant set to become world’s biggest specialist clothes seller
‘This is uncharted waters for a lot of consumers,’ says chief financial officer Brian Olsavsky
Ecommerce group’s third-quarter revenue up 22% on last year but operating losses widen
IPO price relied on assuming furniture retailer’s millennial market was exceptional and that pandemic trading was not
Chief executive bets focus on high-end reselling will help turn round the online marketplace’s fortunes
Fewer than half the pandemic-era start-ups in the sector are still alive, with Gorillas the latest to come under threat
First such move by group follows two consecutive quarters of falling sales
Start-ups hope to close deal next month but due diligence is still at an early stage
They turned e-fashion into a billion-dollar business. Will Tom Chapman and Nicholas Pickaerts do the same for homewares with Abask?
Fast-fashion retailer popular with Gen-Z shoppers has been valued at $65bn-$85bn in private markets
South Korea’s largest internet company surprises investors with $1.2bn deal size, its biggest yet
Another exclusive shopping event aims to lift sales by turning October into a pre-holiday shopping season
So-called aggregators are hurting from slowing ecommerce growth and wary investors
As anger rises over clueless customer service there has never been a better time to offer a human, instead of an online form
Rowan Gormley to act on temporary basis as ecommerce retailer revises strategy
State’s attorney-general claims ecommerce group punishes merchants offering lower prices elsewhere online
Online retailer spooks investors with strategy to tackle higher costs
Online retailer says trading to be suspended from September after auditors flagged ‘certain accounting issues’
Activists saw Yoox Net-a-Porter as an unprofitable distraction for Richemont
Online furniture seller hit by supply chain issues and falling demand
Zalando chief Robert Gentz pledges to avoid mass job cuts despite first-ever fall in revenue
After a surge in online purchases during the pandemic, western economies are rebalancing back towards services
Retail ecommerce market surged during the pandemic but is showing signs of slowing
International Edition