E-commerce

These five stocks in the S&P 500 lost almost half a trillion dollars in value in one day amid widespread wipeout

A decline in gasoline prices couldn’t mask the problem that spooked investors on Sept. 13: Core consumer prices resumed their rapid increase during August. Fear of the Federal Reserve’s ongoing tightening of monetary policy to fight inflation sent the Dow Jones Industrial Average DJIA, -3.94% down 1,276 points (or 3.9%) to 31,104, with all 30 …

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China’s Alibaba and Tencent focus on cost cuts amid slowing growth

Alibaba has faced growth challenges amid regulatory tightening on China’s domestic technology sector and a slowdown in the world’s second-largest economy. But analysts think the e-commerce giant’s growth could pick up through the rest of 2022.Kuang Da | Jiemian News | VCG | Getty ImagesChinese tech giants Alibaba and Tencent often talk about all of …

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Alibaba (BABA) earnings fiscal Q1 June quarter

Alibaba has faced growth challenges amid regulatory tightening on China’s domestic technology sector and a slowdown in the world’s second-largest economy. But analysts think the e-commerce giant’s growth could pick up through the rest of 2022.Kuang Da | Jiemian News | VCG | Getty ImagesAlibaba reported fiscal first-quarter earnings on Thursday that beat expectations, sending …

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Stanford dropouts’ startup worth millions, could be India tech unicorn

“When we started this 12 months ago, every conversation we had was, ‘You’re totally out of your mind, this is never going to work,’” said teenage CEO Aadit Palicha. Yet, Palicha’s company has managed to prove those doubters wrong — it’s now nearing unicorn status and is one of India’s fastest-growing quick commerce apps. A unicorn is …

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