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China's Tencent, JD.com invest $863 million in online retailer Vipshop
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BEIJING (Reuters) – Chinese internet giant Tencent Holdings Ltd (0700.HK) said on Monday it would lead an $863 million investment in apparel platform Vipshop Holdings Ltd (VIPS.N), upping its rivalry in retail with Alibaba Group Holding Ltd (BABA.N). Tencent will invest $604 million in exchange for a 7 percent stake in Vipshop, while e-commerce firm […]

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9 Surprising Findings on the State of Online Business
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A new report from Square and BigCommerce takes a deep dive into the online shopping behaviors of Americans, looking at who buys what, when, and why. Overall, the data shows that the online shopping trend is growing, but what’s surprising is the alarming number of US retail businesses that still aren’t tapping into the online […]

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