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Shanghai’s lockdown is giving China’s online grocery apps a second chance

But things started to take a downturn last year. Despite the hype and money, these companies struggled to make a profit as...

Just Eat Takeaway is exploring a sale of Grubhub barely a year after buying the company

The Grubhub logo displayed on a smartphone screen.Rafael Henrique | Sopa Images | Lightrocket | Getty ImagesEuropean food delivery giant Just Eat Takeaway.com...

Andy Jassy says he doesn’t own bitcoin, says Amazon could one day sell NFTs

Amazon CEO Andy Jassy told CNBC on Thursday he doesn't own any bitcoin or nonfungible tokens, but that he's optimistic about the future...

Fanatics wants to be a $100 billion company – here’s how it plans to get there

Michael Rubin arrives at the 2019 Fanatics Super Bowl Party on Saturday, Feb. 2, 2019, in Atlanta.Paul R. Giunta | Invision | APSports...

How Amazon plans to fix its massive returns problem

Amazon is handling a rapidly growing number of returns that are causing a massive problem for the e-commerce giant and the planet.A National...

Alibaba surges nearly 10% after it ups share buyback program to $25 billion

Alibaba's headquarters in Hangzhou, China, on Wednesday, Nov. 10, 2021.Qilai Shen | Bloomberg | Getty ImagesAlibaba's Hong Kong-listed stock surged nearly 10% on...

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