JD.com in talks with Thai Central for $500 million deal

Major e-commerce retailers start the race in Asia. JD.com Inc in China is in talks with Thailand’s Central Group to launch an e-commerce joint venture in Thailand with a planned total investment of $500 million. Meanwhile Alibaba and Amazon are trying to increase competition while suggesting new services. JD.com deal will help China’s second largest … Continue reading “JD.com in talks with Thai Central for $500 million deal”

Walmart is investing in NVIDIA chips to circumvent the Amazon’s cloud

Walmart is investing in NVIDIA chips, which are high-level graphical processing units (GPUs). They will use Nvidia Corp.’s chips in its cloud-based data centres as the retail behemoth pivots away from competitor Amazon.com’s computing services, Retail Dive reports. The company is reportedly looking to build its data centres to be about a tenth of the … Continue reading “Walmart is investing in NVIDIA chips to circumvent the Amazon’s cloud”

These retail chains can survive the Amazon hurricane

According to investors in the retail sector, the Amazon hurricane will not destroy all of its rivals. Among potential competitors of the e-commerce giant founded by Jeff Bezos, there are some promising companies that can withstand Amazon. The list of strongest online retailers contains such brands as RossStores, AutoZone, Home Depot, etc. All of them in the market are … Continue reading “These retail chains can survive the Amazon hurricane”