Though the country may eschew Western-style commercialism to a degree, the entrepreneurial spirit thrives within Alibaba. The company plans to celebrate its place in ecommerce with their Double Eleven shopping festival, to take place November 11th. The now six-year-old event encompasses Read more
UPS reported a 0.4% decline in revenue in the third quarter on Tuesday, but a 3.5% increase in net profit. In a post-earnings conference callwith Wall Street analysts, executives were asked about the possible threat Amazon poses in shipping. Alex Vecchio of Morgan Read more
UPS expects a 10% increase in holiday shipments this year and predicts it will deliver over 630 million packages between Black Friday and New Year’s Eve. And 60% of those orders will be to residences vs. businesses, compared to the Read more
eBay said this week that retail chain-store Target is using its Global Shipping Program to reach international shoppers. It tweeted the news, linking to an article published in Target’s hometown newspaper, the Minneapolis Star Tribune. The newspaper reported that after Target’s failed Read more
