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Threat For Amazon? TikTok Planning Massive US E-Commerce Expansion With $17.5B Revenue Goal: Report
Thursday, January 4, 2024 - 12:55am | 729ByteDance Ltd-owned TikTok is reportedly planning a massive expansion of its U.S. e-commerce business. The Chinese social media powerhouse aims to reach revenues of $17.5 billion, posing a unique threat to the e-commerce behemoth Amazon.com Inc (NASDAQ:AMZN). What Happened: Insiders revealed that ...
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Solana In 2023: A Look Back At Top Storylines, Coin Surge — Plus Partnerships With Visa, Mastercard, Shopify And More
Wednesday, December 27, 2023 - 10:44am | 1031Solana (CRYPTO: SOL) will end 2023 on a high note after soaring to a new 52-week high in December and becoming one of the most talked about cryptocurrencies. Solana Solstice: Interest in the digital asset exploded in recent weeks thanks to many items, including airdrops like Jito (CRYPTO: JTO), to...
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Amazon Analyst Names 4 Key Pillars Supporting Advertising Opportunity in 2024
Thursday, December 21, 2023 - 2:09pm | 374Amazon.com, Inc. (NASDAQ:AMZN) stock gained good ground this year, up 78% on a YTD basis (as of Dec. 21, 2023). It is the most valuable company of 2023. Wedbush expects Amazon to clock $46.5 billion in advertising revenue in 2023. It sees the company well-positioned to continue taking a share of...
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Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet
Friday, December 1, 2023 - 2:39pm | 798Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and warrant attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless...
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Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet
Friday, November 3, 2023 - 10:39am | 829Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless methods available to retail traders, the challenge often lies in sifting through the abundance to uncover new information. Benzinga's Stock Whisper Index uses a combination of proprietary...
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Amazon Q3 Earnings Preview: What Analysts Are Saying, NFL, NBA, AI, Other Key Items To Watch
Wednesday, October 25, 2023 - 12:02pm | 1077E-commerce giant Amazon.com, Inc (NASDAQ: AMZN) is set to report third-quarter financial results after market close on Thursday, Oct. 26, 2023. Here’s a look at the earnings estimates from analysts, what analysts are saying and key items for investors to watch. Earnings Estimates:...
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Benzinga's Luke Jacobi Hosts Special All Access, Talks With CEO Of This Thriving E-Comm Business
Thursday, October 5, 2023 - 1:08pm | 181David Meniane, CEO of CarParts.com (NASDAQ: PRTS), was a guest recently on a special edition of All-Access hosted by Benzinga’s own, Luke Jacobi. CarParts.com is an e-commerce company offering a factory-to-consumer online shopping experience for everyday drivers. The company has been in...
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TikTok's E-commerce Blitz: Social Media Platform Targets Holiday Goldmine Against Amazon And Walmart
Saturday, September 16, 2023 - 12:53pm | 553ByteDance-owned TikTok is boldly stepping onto the e-commerce battlefield this holiday season, taking on behemoths Amazon.com, Inc. (NASDAQ: AMZN) and Walmart Inc. (NYSE: WMT) with scorching discounts. Launching its month-long discount spree in late October, TikTok...
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Neuberger Berman's $1B Investment In Wayflyer Set To Transform E-commerce Lending
Wednesday, September 6, 2023 - 2:09pm | 481E-commerce revenue-based finance provider, Wayflyer announced that it has signed a $1 billion funding deal with investment firm, Neuberger Berman (NYSE: NBXG). The funding, which is an off-balance sheet (OBS) program, will support Wayflyer’s growth and expand its financing solutions. Wayflyer...
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Amazon CEO Stands Firm On Return-To-Office Policy Amidst Rising Employee Dissent: 'It's Past The Time To Disagree'
Tuesday, August 29, 2023 - 9:18pm | 732CEO of Amazon.com Inc. (NASDAQ:AMZN), Andy Jassy, remains unyielding about the company’s return-to-office mandate, saying it’s “past time” for employees to adhere to the rule, according to a Business Insider report on Sunday. What Happened: Jassy reaffirmed the company...
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Cathie Wood's Ark Invest Continues To Sell Shopify Shares Amid Q2 Ripples
Thursday, August 17, 2023 - 10:04pm | 621On Thursday, Cathie Wood-led Ark Invest made significant moves in the market, with a notable decision to sell shares of Shopify Inc (NASDAQ:SHOP). This comes in the wake of Shopify’s recent volatility following its Q2 results. The Shopify Trade: Ark Invest’s decision to sell Shopify...
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Apple, Fisker, Amazon.com, DraftKings, Block: Top 5 Trending Stocks Today
Thursday, August 3, 2023 - 9:20pm | 644U.S. stocks ended in the red on Thursday, with earnings reports from major tech titans like Apple and Amazon on the investors’ radars. The Dow Jones Industrial Average dipped by 0.19% to 35,215.89, while the NASDAQ Composite Index declined 0.1% to 13,959.72. The S&P 500 Index also...
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Walmart Buys Out Tiger Global's Stake, Adds Another $1.4B To Its Bet On India's Flipkart
Monday, July 31, 2023 - 3:06am | 426This story was first published on the Benzinga India portal. Retail giant Walmart Inc (NYSE: WMT) recently spent $1.4 billion (INR 115.15 billion) to purchase the remaining Flipkart shares from Tiger Global, boosting its stake in the Indian e-commerce startup. This...
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Artificial Intelligence Is Coming For Your Living Room: Here's The Public Company Leading The Charge
Tuesday, July 25, 2023 - 4:47pm | 496Use cases for artificial intelligence have risen in 2023 and the potential monetization efforts have led to rising valuation for stocks that could be seen as beneficiaries from the rise of the technology. Here’s a look at how one leading e-commerce company is using artificial intelligence....
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Amazon Prime Day Wins Over Gen Z And Millennials, But Boomers Remain Elusive
Thursday, July 20, 2023 - 3:42pm | 650Leading ecommerce company Amazon.com Inc (NASDAQ: AMZN) hosted its recent Prime Day shopping holiday over the two days of July 11 and July 12. The holiday was first launched back in 2015 and offers exclusive deals for Amazon Prime subscribers. Here’s a look at how different age demographics...