E-Commerce

Alibaba CEO Daniel Zhang has made expansion into physical retail and the grocery business in particular a cornerstone of his growth strategy, an effort that paid off during the coronavirus pandemic.

India’s conglomerate that sells almost everything from cars to apparel and steel, is seeking to buy Indian online retailers to beef up its presence in e-commerce, reports Bloomberg News.

Alibaba has spent billions acquiring slices of brick-and-mortar retail chains, seeking to broaden its reach in an attempt to use its technology to modernize physical commerce.

The coronavirus crisis has created rising e-commerce demand, with customers stuck indoors ordering everything from food delivery to clothing and items for home improvement. Clipper operates a fleet of more than 470 vehicles and counts U.K. retailers including Asda, John Lewis Plc and Marks & Spencer Group Plc among its clients.

Traditional health insurers are increasingly diversifying into other healthcare service businesses, including care delivery, pharmacy benefits, and technology.

The Canadian e-commerce giant is working with Affirm to offer flexible payment plans to U.S. consumers

The Norwegian digital marketplace owner, now the largest business in that sector globally, is already looking ahead to its next deal.

eBay is selling the business in response to activist investors that want it to focus on its main online auction platform.

This step is the latest in an unwinding of a relationship between the two companies that spans two decades.

Providers of basic household items, home fitness equipment and loungewear are performing well in the Covid-19 pandemic, says Duff & Phelps' Brian Little.