The German city of Wuppertal has launched an online marketplace for local retailers. The aim is to bolster sales of brick-and-mortar stores in the heart of the city and help them compete against online giants.
Chinese e-commerce firm Alibaba already ranks alongside Amazon and Walmart as one of the world's largest retailers. Its latest announcement of a major logistics investment and takeover shows the scale of its ambitions.
Quelle, Neckermann & Co did not survive the advent of Amazon. But mail order company OTTO seems to be managing.
By buying Whole Foods, online retailer Amazon is betting on changing how we think about and shop for food. It is the e-commerce giant's first big step into traditional brick-and-mortar retail.
Shares in the Chinese e-commerce giant Alibaba jumped more than 5 percent on Thursday after the company reported a 59 percent year-on-year increase in its first-quarterly revenue to nearly $5 billion.
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