Online: latest news, insights and analysis | ESM Magazine

JD.com Beats Revenue Estimates But CEO Cautious Over COVID Outbreaks

E-commerce group JD.com beat estimates for quarterly revenue as more people shopped on its platform following COVID lockdowns in China, but its CEO remains...

Amazon Results And Outlook Fall Short As Warehouse, Fuel Costs Soar

Amazon.com has delivered a disappointing quarter and outlook, with the e-commerce giant swamped by higher costs to run its warehouses and deliver packages...

Online Grocer Rohlik Posts 53% Rise In Revenue As Expansion Builds

Rohlik Group posted a 53% year-on-year rise in net revenue to €490 million in its most recent financial year, the company said, as the Czech-based onl...

Quick Commerce Firm Getir Raises Additional $768m In Funding Round

Getir has raised $768 million in a Series E funding round, meaning the Turkish quick commerce firm has now reached a valuation of close to $12 billion.

Alibaba Increases Share Buyback Size To Record $25bn

Alibaba has raised its share buyback programme to $25 billion (€22.76 billion), the largest ever repurchase plan by the e-commerce giant, to prop up i...

Deliveroo Reports Gross Transaction Volumes Up 70% In 2021

Food delivery firm Deliveroo has reported a 70% increase in gross transaction volumes in its full-year 2021, however it expects growth to moderate to aroun...

Ocado Retail Lowers Sales Outlook As UK Market Softens

Online supermarket Ocado Retail lowered its annual sales outlook as it reported a 5.7% year-on-year fall in revenue in its latest quarter, which it said pa...