Ukrainian drones struck a Wildberries logistics warehouse deep inside Russia, killing at least eight workers. The attack marks a significant escalation as civilian commercial infrastructure becomes a direct military target for the first time.
The EU has imposed a $629 million fine on AliExpress for failing to prevent sales of illegal and counterfeit products. This marks the latest enforcement action under the Digital Services Act, signaling rising compliance costs for global e-commerce platforms.
GameStop has submitted a $56 billion acquisition offer for eBay, aiming to create an e-commerce platform capable of competing with Amazon, but markets widely question the feasibility of its financing plan.
GameStop chairman Ryan Cohen has proposed a $55.5 billion takeover of eBay aiming to build a stronger competitor to Amazon
Meme stock pioneer GameStop has announced a $56 billion all-stock bid to acquire eBay, aiming to build a next-generation e-commerce giant to compete directly with Amazon. The move marks a major strategic pivot for the retailer.
GameStop has made an unsolicited $56 billion acquisition offer to e-commerce platform eBay, with CEO Ryan Cohen revealing a roughly 5% stake in the company.
Amazon reported Q1 2026 revenue of $181.5 billion, beating Wall Street expectations. AWS cloud unit grew 28%, marking a 15-quarter high. Stock slides after hours on rising AI spending concerns.