|Day's range||21.96 - 21.96|
Forget your credit card on your next Panera Bread run? No worries, you'll soon be able to pay with the palm of your hand.
Just ask Amazon (NASDAQ: AMZN), one of the largest companies in the world by market cap. Amazon has responded to these issues by attempting to reduce expenses where it can, including letting go of thousands of employees, a popular move on Wall Street these days. Let's consider the good, the bad, and the ugly of Amazon's layoffs from a business and investing perspective.
Alibaba Group (NYSE: BABA) and Shopify (NYSE: SHOP) are two very different e-commerce companies. Alibaba owns Taobao and Tmall, the two largest consumer-to-consumer and business-to-consumer marketplaces, respectively, in China. Shopify doesn't operate any online marketplaces, unlike Alibaba.