Parts ID Files for Chapter 11 Bankruptcy

[ad_1] Dec. 26, 2023 3:41 pm ET|WSJ Pro E-commerce company Parts ID filed for chapter 11 bankruptcy protection Monday and said it plans to continue normal operations. Parts ID added…

The American Store Is Shrinking

[ad_1] Updated Dec. 12, 2023 5:04 pm ET Listen to article (1 minute) The average store size in the U.S. is the smallest it’s been in at least 17 years,…

TikTok Strikes Back in Indonesia

[ad_1] The Indonesian government executed its crackdown on “social shopping” in the name of protecting local small businesses. TikTok ended up taking over a local champion.  The deal makes good…

TikTok to Invest More Than $1.5 Billion in GoTo to Restart Indonesia E-Commerce Business

[ad_1] Updated Dec. 11, 2023 4:29 am ET Bytedance’s TikTok will invest more than $1.5 billion in a deal with GoTo Group that will allow the Chinese video-sharing app to…

The World’s Most Anonymous CEO Is About to Take Center Stage

[ad_1] The founder of fast-fashion juggernaut Shein has managed to stay out of the spotlight despite his company’s meteoric rise. With an IPO looming, he likely won’t remain under the…

Shopping for Luxury Online Has Fallen Out of Fashion

[ad_1] Stocks that unite two of the world’s most successful industries, European luxury and American tech, might sound like winners. Instead, companies that sell luxury goods online have turned into…

Once Unstoppable, Alibaba Is Now Faltering

[ad_1] Updated Dec. 7, 2023 12:03 am ET SINGAPORE—Chinese internet titan Alibaba Group Holding once seemed invincible. Now, it is stuck in a slump. The e-commerce giant was a major…

The Rise of Temu’s Chinese Parent Will Reshape E-Commerce

[ad_1] Move over, Alibaba. There’s a new online-shopping champion in China: PDD, the company behind discount-retailing app Temu, is now the country’s most valuable e-commerce company. After a 78% rise…

Digital Payments Are Having a Jolly Holiday

[ad_1] This year’s Black Friday might not have been marked by stories of mobs of shoppers like in past years, but it made up for that drama digitally. In-store U.S.…

The Score: Shopify, GM, Tesla and More Stocks That Defined the Week

[ad_1] The Score is a weekly review of the biggest stock moves and the news that drove them. Shopify  Black Friday and Cyber Monday brought in big sales for online…