Consumers hungry for more plant-based meat options will get enough Thursday. Beyond Meat Inc. BYND, + 5.28% launched an e-commerce site, shop.beyondmeat.com, which offers its products directly to consumers, while Incogmeato of MorningStar Farms offers the largest new product line launch in the market’s 40-year history. The Consumer Direct site …
Read More »Step down to Amazon, you could quickly order ‘everything’ with Tata’s super-app
India’s Tata Group is reportedly looking to roll out a ‘super-app’ that will pit it against rivals, including Amazon AMZN, + 0.09% and billionaire Mukesh Ambani-controlled Reliance Industries, in one of the fastest growing e-commerce markets in the world. The new digital platform, which will launch in India in December …
Read More »Alibaba earnings analysts have cheered ‘V-shaped recovery’, but stock falls
Alibaba Group Holding Ltd. said most of its companies are now back to “healthy growth” as China recovers from the COVID-19 crisis. The Chinese e-commerce giant topped revenue and revenue expectations with its fiscal report in the first quarter beginning Thursday, although its shares were 1.6% off in midday trading. …
Read More »10 stocks positioned for an ‘abrupt’ rebound when normality finally returns – none of them is tech
The shareholder retains the constant stream of restless headlines and somber metrics in a fierce connection with the economy that has been hotly debated on Wall Street. To read:Jim Cramer urges investors not to be fooled by new heights in the stock market And while it may seem rather toppy …
Read More »Estimated profit for Alibaba Beat. Why his forehead falls.
Text size Alain Jocard / AFP via Getty Images Shares of Alibaba Group Holding traded modestly lower on Thursday despite posting results in June that were slightly better than Wall Street expectations. For the four-year period, the China-based e-commerce giant posted revenue of $ 21.8 billion, up 34% from a …
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