Prime Subscription Drives Amazon’s Oz Revenue To $7.7 Billion
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March 3, 2025
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Amazon’s Australian revenue reached a record-high of $7.7 billion last year, driven by a strong growth in its Prime membership subscription business.... Read More
Kogan Shares Still Struggling As Net Profit Climbs Nearly 20%
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February 24, 2025
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Online marketplace Kogan.com has announced a net profit of $10.3 million, up 19%, for the six months ended December 31. The retailer... Read More
Crackdown on Temu and Shein Continues
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December 5, 2024
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Several million Australians shop on low-cost Asian e-commerce sites Temu and Shein each year, but those platforms are now increasingly coming under... Read More
Shopify Shares Surge on Profit and Sales Gains
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August 8, 2024
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Canadian e-commerce company, Shopify, whose services are widely used by Australian retailers has seen its share surge this week after reporting increased... Read More
Australian Retailers Association Partners With Shopify
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July 30, 2024
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The Australian Retailers Association (ARA) has announced a partnership with Shopify, a commerce platform that allows retailers of any size the opportunity... Read More
Amazon To Overtake Walmart As Largest US Retailer
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June 28, 2023
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Amazon is set to surpass Walmart as America’s biggest retailer in 2024, according to JPMorgan analysts Doug Anmuth and Bryan M. Smilek.... Read More
Amazon To Add ChatGPT-Style Search To Digital Store
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May 16, 2023
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Amazon is planning to bring ChatGPT-style search to its web store, as revealed by recent job postings. A job post for a... Read More
Toys R Us Builds E-Commerce Offering
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May 11, 2023
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The newly-revamped “digital-first e-commence direct-to-consumer retailer”, Toys R Us has slashed $4 million in costs, as it announces its strategic plan to... Read More
Ebay Leaps 8% After Rosy Current-Quarter Estimate
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April 27, 2023
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EBay saw its share price jump 8 per cent in after-market trading after projecting current-quarter revenue that exceeds Wall Street estimates. According... Read More
Kogan Posts $8.1M EBIT Loss, Sales Fall 28%
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April 26, 2023
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Online marketplace Kogan.com continues to struggle, despite putting a happy face on its March quarter financials. Kogan is claiming three consecutive months... Read More