Tag Index  /  Showing 1 - 5 of 5 results for “Walmart”

Business E-Commerce Global Tech

Tencent, eBay in Potent Partnership

After its first attempt to develop the China e-commerce market failed miserably nearly a decade ago, US Internet giant eBay (Nasdaq: EBAY) is making some smarter moves this time around by choosing better partners and also by building up its business more gradually. In the company’s latest China development, media are reporting eBay has formed a new joint venture with Chinese Internet giant Tencent (HKEx: 700). At the same time, separate reports are saying that eBay may fail in its bid to become the first foreign licensee to offer electronic payment services in China.   More

E-Commerce Global Tech

Tencent, Walmart Heat up China E-Commerce

New moves from Internet giant Tencent and global retailer Walmart are turning up the competition in China’s e-commerce wars, which are quickly becoming a contest to see who can outspend whom. Both of these latest initiatives look quite pricey, especially Tencent’s move that will see it roll out an ultra-fast product delivery program. WalMart, meantime, is pouring big money into a campaign to build a new in-house clothing brand for its recently acquired Yihaodian online store. The current trends are a bit worrisome, as they indicate no near-term easing in China’s e-commerce price wars that have raged for about two years now.   More

Business Digital

Mining Big Data for Programming Talent

Finding and recruiting top programmers remains a huge challenge for fast-growth companies like Square, Google, Facebook, and Amazon. Will Big Data come to their rescue? They’re willing to give it a try. These companies—along with other big names like Twitter and Walmart—are all customers of Gild, a startup that leverages information technology to find hidden talent. Gild was developed to tap self-motivated achievers—a cohort rife with what co-founder Dr. Vivienne Ming calls "wasted talent"—who are largely unknown compared to the smaller pool of much-wooed Ivy League graduates.   More

Business E-Commerce

Amazon Pushes E-tailers to Deliver Instant Gratification

Retailers big and small are trying to chip away at Amazon's growing competitive edge, in some cases even if it cuts into their own profits. A number of stores and e-commerce sites now offer same-day delivery as a way to ward off Amazon's incursion into the realm of immediate gratification—one of the few remaining advantages of brick-and-mortar shopping. With Amazon hinting at expanded same-day shipping services, small companies like Shoptiques, along with bigger fish like Walmart, Macy's, and Target, are exploring ways to offer same- or next-day delivery to their online customers.   More

Business Techonomy Tucson

Africa Is Rising Fast

Africa is changing for the better. In the past decade, Africa’s growth rates have quietly been approaching those of Asia. Last year, according to estimates from the International Monetary Fund, seven African countries appeared on the list of the world’s 10 fastest-growing economies, each with annual growth rates of 8% or more. Democracy is becoming firmly entrenched, with all but a few of the continent's 1 billion people expected to vote in this year’s democratic elections.   More