ecommerce giant

MacKenzie Scott, ex-wife of Amazon.com billionaire Chief Executive Jeff Bezos, sold 65.3 million shares in the ecommerce giant last year, Bloomberg News reported on Friday.The share sale forms about 25% of the philanthropist's Amazon stake in the ecommerce giant and would be worth $10.4 billion at Amazon's Friday closing price, the report said, citing a regulatory filing.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM KozhikodeIIMK Advanced Data Science For ManagersVisitIndian…

Shopping on the popular e-commerce website Amazon is set to get expensive from 31 May as the company will be revising its seller fees and commission charges, report…

JD.com Inc. will offer discounts across its online shopping platforms from Monday in a 10 billion yuan ($1.4 billion) campaign to capture new users ahead of an anticipated Chinese economic recovery this year.The campaign has spurred concerns that larger rival Alibaba Group Holding Ltd. or upstart PDD Holdings Inc. may retaliate with cuts of their own, igniting a margin-eroding price war. JD announced the launch of the subsidy plan in a statement on its official WeChat account Saturday.China’s internet firms are revving up…