Should Amazon CEO Jeff Bezos Be His Own Boss?

Ahead of Amazon’s annual general meeting of shareholders on May 30th, renowned proxy advisor firm, Institutional Shareholder Services, has come out in support of a shareholder resolution calling on the company to separate the role of CEO and Chair of the Board, creating an independent board chair.   Earlier this month, Institutional Shareholder Services (ISS), a renowned proxy advisor firm,…

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Alibaba Misses Revenue Expectations, Stock Getting Crushed

Alibaba's stock is getting crushed, reaching a all-time low after posting disappointing quarterly earnings before the opening bell on Wednesday. The e-commerce company earned $3.16 billion during the first quarter, missing estimates which were pegged at $3.28 billion. Another concern which has investors worried is the growth slump for the total value of goods sold (Gross Merchandise Volume) which at…

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Alibaba Looks to Grow in India, Seeking E-Commerce Partners

All signs are indicating that Alibaba is making India and its surging e-commerce industry a very big priority. Alibaba is looking for e-commerce partners in India across a number of sectors including logistics, B2B and electronic payments. Goldman Sachs, Citigroup and Bank of America Merrill Lynch have been tasked with the process of making deals with Indian start-ups that fit the criteria Alibaba…

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Speed Commerce Announces Plan to Divest Retail Distribution Business

Speed Commerce, Inc. (NASDAQ: SPDC), a vertically integrated, multi-channel platform of e-commerce services and distribution solutions, today announced that it has commenced the process of divesting its legacy distribution business segment, which is engaged in the retail distribution of computer software and consumer electronics and accessories. This initiative will accelerate the company’s previously stated intent to allocate corporate resources toward…

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