Compare JD.com‘s Q2 numbers to Alibaba‘s. Alibaba‘s revenues jumped 56 percent to 50.1 billion yuan ($7.51 billion) (with profits nearly doubling). Meanwhile, JD.com had in Q2 2017 revenues grow 44% year-over-year (YoY) to 93.2 billion yuan ($13.7 billion). The Street on the differences between Alibaba and JD.com: [Alibaba] reported 56% year-over-year growth in revenue to […]

The highlights from JD.com‘s Q2 2017 numbers: Orders rose by +41% YoY Customer accounts increased to 258.3 million (+37% YoY) Mobile orders now make up 80%, an increase of +42% YoY More at China Internet Watch: JD’s GMV for Q2 2017 increased by 46% to 234.8 billion yuan (US$34.6 billion) from 160.4 billion yuan in […]

Amazon is financing the Whole Foods acquisition with bonds. Bloomberg: Jeff Bezos has an army full of bond investors ready to back Amazon.com Inc.’s conquest of the supermarket industry. The world’s largest online retailer sold $16 billion of unsecured bonds in seven parts to fund its $13.7 billion acquisition of Whole Foods Market Inc. Reuters […]

Amazon is going into more industries than any other company. It’s hard to wrap one’s head around the scope the company is gunning for. It’s hard to not underestimate the Seattle giant. Seeking Alpha looked for mentionings of Amazon in recent earnings calls: A full one-fifth of the S&P 500 constituents referenced Amazon on a […]

One way ride-sharing is changing retail, probably very few did see coming. Cargo is selling products in Uber vehicles. After snacks, now beauty products as well, as Elle reports: Cargo is a service within a service that allows drivers working for Uber, Lyft, Juno, and Via to offer products for sale. Riders can now snag […]

Speaking of Asos, the UK-based online fashion retailer is also showing the US e-commerce sector that you can, in fact, be successful in Amazon county. Recode: It’s been just four years since London-based e-commerce company ASOS launched a fashion site dedicated to U.S. shoppers, but it has already built a U.S. business that does around […]

Asos is seeing 70 percent of its traffic on mobile and 50 percent of its purchases are happening on mobile. In the UK, Asos‘ home market, the numbers go up to 80% (traffic) and 70% (purchases). Digiday on Asos in mobile: Built in-house, the app has 10 million downloads according to the company, and it’s […]

Target is buying the San Francisco-based logistics startup Grand Junction. Retail Dive: Target on Monday said it will acquire Grand Junction, a San Francisco-based transportation technology company, for an undisclosed amount, to improve and expand delivery capabilities. The acquisition will accelerate Target’s investments and ongoing efforts to transform its supply chain, the company said in […]

Baidu is the latest company JD.com is cooperating with on mobile. Bloomberg: Under the arrangement, users browsing for product information on Baidu’s mobile search app can now access a dedicated section to buy items directly from JD, China’s second-largest e-commerce provider. By encouraging users to stay within its app and make purchases, the search giant […]

Good overview on where Walmart stands today over at Digiday: Walmart’s e-commerce sales have increased 63 percent in the first three months of this year, compared to 29 percent last quarter. (Walmart doesn’t disclose overall e-commerce sales in its quarterly report.) Acquisition spending: $4 billion, including Jet.com, which Walmart bought in 2016 At $3.3 billion, […]