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MercadoLibre's Financial Architect Steps Down After 24 Years
Friday, August 11, 2023 - 5:08pm | 428MercadoLibre Inc (NASDAQ: MELI), the e-commerce titan of Latin America, announced the departure of chief financial officer Pedro Arnt, as reported by Bloomberg. After a 24-year journey with the company, Arnt has decided to explore new opportunities. Joining MercadoLibre in 1999 as a vice...
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Amazon Could Unlock Up To $600B In Stock Value From B2B Initiative
Monday, March 29, 2021 - 3:26pm | 344E-commerce giant Amazon.com, Inc. (NASDAQ: AMZN) disclosed its B2B segment reached a $25 billion annual run-rate GMV in March, and the ongoing momentum could unlock $200 billion to $600 billion in stock value, according to BofA Securities. The Amazon Analyst: Justin Post maintains a Buy rating on...
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New Wave's N2 Logics Acquires Bloom Botanics E-commerce Platform
Monday, December 14, 2020 - 3:01pm | 225N2 Logics Inc. has purchased Bloom Botanics, the Europe-based CBD online superstore and provider of complex mushroom blends. The news is confirmed Monday by New Wave Holdings Corp. (CSE: SPOR) (OTC: TRMNF), which owns an interest in the digital marketing portfolio company. The Toronto-based...
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China's E-Commerce Market Is Growing… And Fast
Wednesday, April 8, 2015 - 12:00pm | 135China's e-commerce market is big. Think $2.2 trillion big. According to a report published on Wednesday, China's e-commerce market surged 31.4 percent from 2013's level to 13.4 trillion yuan. The volume of business-to-business activity reached 10 trillion yuan (up 21.9 percent), while online retail...
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UPDATE: Bank Of America Upgrades Yahoo On Alibaba Optimism
Friday, December 5, 2014 - 9:41am | 228Justin Post of Bank of America upgrade shares of Yahoo! Inc. (NASDAQ: YHOO) on Friday to Buy from Neutral with a price target raised to $62 from a previous $55. “While Yahoo continues to lose U.S. online ad share (from seven percent in 2013 to 6.2 percent in 2014E and 5.6 percent in 2015E), we are...