Google will invest $550 million in Chinese e-commerce powerhouse JD.com, part of the U.S. internet giant’s efforts to expand its presence in fast-growing Asian markets and battle rivals including Amazon.com.
France's largest food retailer Carrefour is partnering with Alphabet's Google to make groceries available on the U.S. search engine's dedicated shopping site or through voice-assisted devices, the companies said.
Converse has been asked by a federal court to provide more information to support the defense of its Chuck Taylor trademarks as the Nike-owned company continues its legal battle against Skechers, Walmart and New Balance.
Walmart said on Monday that it has sold an 80 percent stake in its Brazilian operations to private equity firm Advent International, exiting an underperforming business in its third major international deal since April.
Walmart Inc is starting a new same-day delivery service where customers can place orders using a text message, another step in its effort to scale up its e-commerce offerings and compete with rival Amazon.com Inc.
With nearly 500 million Indians using the internet in 2018 and many just dipping their toes into online shopping, private labels will woo price-sensitive customers and create loyalty and higher margins, say analysts.