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Zacks News
Wal-Mart to Invest in eCommerce with ShoeBuy Acquisition
by Zacks Equity Research
Online retailer Jet.com, owned by Wal-Mart Stores Inc. (WMT), has acquired Boston-based footwear-shopping website ShoeBuy for about $70 million. The deal, closed on Dec 30, 2016.
Alibaba Partners Maersk for Online Booking of Cargo Space
by Zacks Equity Research
Alibaba Group Holding Limited (BABA) has sealed a partnership with Maersk, a unit of Denmark's A.P. Moller-Maersk and the world's biggest container shipping line.
Amazon to Open Second Fulfillment Center in Jacksonville
by Zacks Equity Research
In order to meet the growing demand in the online shopping space, Amazon.com Inc. (AMZN) announced plans to open a second fulfillment center in Jacksonville, FL.
Amazon (AMZN) OKs Season 3 of The Man in the High Castle
by Zacks Equity Research
Amazon.com Inc.'s (AMZN) film production division, Amazon Studios, has green-lit the third season of its original dramatic TV series - The Man in the High Castle. The release date for the season has not yet been decided.
Technology Stock Roundup: Ring Out The Old, Ring In The New
by Sejuti Banerjea
Last week was the end to an eventful year for technology companies, in which technologies continued to evolve as did the environment in which they operated.
Whirlpool-Amazon Pact to Launch Voice-Controlled Devices
by Zacks Equity Research
Whirlpool (WHR) has inked a deal with Amazon to launch voice-activated home appliances in early 2017.
PayPal Finds Favor with Monness Crespi and Goldman Sachs
by Zacks Equity Research
Monness Crespi Hardt upgraded PayPal Holdings, Inc. (PYPL) from neutral to buy in the first trading session of 2017.
Zacks Investment Ideas feature highlights: Alibaba, Amazon, Facebook, Groupon and Macy's
by Zacks Equity Research
Zacks Investment Ideas feature highlights: Alibaba, Amazon, Facebook, Groupon and Macy's
Will NetApp (NTAP) Continue to Draw Investor Attention?
by Zacks Equity Research
Shares of NetApp Inc. (NTAP) have outperformed the Zacks categorized Computer-Storage Devices industry over the past one year.
How Big Is Mobile Shopping in the Age of Apps?
by Kevin Cook
Global mobile shopping sales surged 53% to $220 billion in 2016 with $78 billion from apps alone