The rise of big international retailers has prompted company boss Rob Scott to wind down the loss-making marketplace, saying it’s the “right thing for shareholders”.

Wesfarmers has announced it will wind down popular online retailer Catch amid spiralling losses and merge it with shopping giant Kmart.

Australia’s popular online retailer Catch is shutting down after years of losses amid fierce competition from Amazon, Temu, and Shein. The company’s owner, retail giant Wesfarmers, announced on Tuesday that Catch will stop selling products from April, marking the end of the online retailer that was acquired in 2019.

Through Soros Fund Management, George Soros has a reputation for his aggressive investment strategies that have earned him notable returns.

We came across a bullish thesis on Alibaba Group Holding Limited (BABA) on Substack by BlackSwanInvestor. In this article, we will summarize the bulls’ thesis on BABA. Alibaba Group Holding Limited (BABA)’s share was trading at $85.

The stock has remained at the 50-week and 100-week Exponential Moving Averages (EMA). It has also formed a symmetrical triangle pattern. This triangle is nearing its confluence level, meaning that a breakout and breakdown will happen soon.

Tech giant Amazon has signed an agreement to acquire Indian Buy Now Pay Later (BNPL) startup axio, according to a blog post.

Remember that Coupang is still in the early stages of profitability. Meanwhile, its revenue increased 27% year over year in the third quarter, and top-line growth has been accelerating since early 2023. Analysts expect revenue in 2025 to reach $35.3 billion, giving the stock a forward price-to-sales ratio of 1.1.

Now, though, in the early days of 2025, Amazon hasn't been a stand-out performer. The stock is little changed from the start of the year to the writing of this article on Jan. 17. So, is Amazon a buy, sell, or hold in 2025? Let's find out.

Marcelo Calbucci is the author of The PRFAQ Framework, with insights and guidance for adapting Amazon's strategic process for use in startups and other

The FTC also alleges that Amazon is charging its sellers exorbitant fees, in many cases close to 50 percent of their revenue: “These fees harm not only sellers but also shoppers, who pay increased prices for thousands of products sold on or off Amazon,” the FTC argued in its filing.

The e-commerce giant Amazon is set to build five new facilities across North Carolina, including one in Mount Airy. How it could impact Surry County’s local economy: