Alibaba Group has filed confidentially for a Hong Kong listing, people familiar with the matter said, moving closer to what is potentially the city’s biggest share sale since 2010.
Browsing: Retail and e-commerce
Amazon has said it hopes to start delivering packages via drone “within months” as it unveiled its newest model with emphasis on safety.
Richemont reported its weakest profit margin in more than a decade, showing how much it’s costing the Swiss luxury-goods maker to push into e-commerce.
The Competition Commission has moved to block Naspers’s proposed R1.4-billion acquisition of a 60% stake in WeBuyCars.
Wall Street is finally turning more bullish on Jumia Technologies as its debut results as a public company quelled some fears amid a scathing report from short-seller Citron Research.
Why the e-commerce business is rolling out physical collection points.
When e-commerce platform Jumia listed in New York last month, it was heralded as Africa’s first unicorn to go public.
Picture essay | Takealot.com, the online retailer controlled by Naspers, has officially launched its flagship customer collections point on the New Road Bridge in Johannesburg.
Amazon.com confirmed on Thursday what has been a slowly evolving financial picture. It is now a company that is more profitable than it has been in years, but the supercharged growth is gone.
Naspers, the most valuable company on the JSE, will prioritise investments in classifieds, financial technology and food — activities that it could possibly hive off with separate share listings in the right circumstances.