E-Commerce

Amazon stock declines despite fourth-quarter revenue beat.

Shares of Amazon experienced a 4% decline during extended trading, wiping out an earlier 7%…

Tradeling teams up with Mastercard to help spur the UAE’s economic growth

Tradeling, the Middle East and North Africa’s dominant e-marketplace that focuses on business-to-business (B2B) transactions,…

Amazon to terminate 18,000 jobs, CEO Andy Jassy says

As worries about the US economy and concerns about a worldwide recession grow, Amazon is…

India’s largest online grocer Bigbasket plans further expansion

Bigbasket, the largest online grocery retailer in India, is working to take advantage of growing…

Abu Dhabi to host UAE’s largest fulfilment centre to provide support for e-commerce industry

In order to serve the rapidly expanding e-commerce sector in the country, the Abu Dhabi…

Aramex concludes acquisition of e-commerce platform MyUS for $265m

After receiving the required regulatory approval, Aramex, the largest courier firm in the Middle East,…

Digital bank Wio partners with Stripe to enhance online payments for SMEs

In order to increase online payments for small and medium-sized businesses (SME) and independent contractors…

Dubai Chamber for Digital Economy opens a new training academy to immerse digital entrepreneurs in the metaverse

The Future of the Digital Economy: Business in the Metaverse Academy is a first-of-its-kind specialized…

Elon Musk proposes to pay $44 billion to acquire Twitter

Elon Musk is willing to proceed with his first $44 billion offer for the social…

STC creates Center3 to accelerate the development of Saudi Arabia’s digital economy

The new company will be the owner of the digital infrastructure assets owned by the…