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Amazon, Meesho, Swiggy and two other e-commerce giants have jointly established a “Digital Commerce Alliance” in India to strengthen consumer trust and optimize supply chains. Flipkart is not participating.
Walmart announced that meals from in-store tenant Subway will be included in its Express Delivery service. The move is designed to strengthen its competitiveness in instant delivery by integrating in-store dining resources, with plans to expand the service to about 1,400 stores by the end of summer and further develop its omnichannel retail ecosystem.
Driven by strong growth in retail and cloud services, Amazon recorded $717 billion in annual revenue and surpassed Walmart to become the largest U.S. company. Despite recent large-scale layoffs and cost reductions, Amazon’s AWS growth far outpaced its retail business and became the company’s core growth engine.
Walmart announced a $10.8 million grant to Matthew 25: Ministries and will work with Procter & Gamble to expand a disaster relief fleet. The initiative aims to improve post-disaster distribution and services, reflecting Walmart’s investment in corporate responsibility and supply chain resilience.
Tekhill USA, an affiliated insider entity of Newegg, recently sold 32,213 company shares. Such insider transactions typically draw market attention to the company’s short-term share-price outlook, and sellers should monitor the platform’s operational stability.
The European Innovation Council (EIC) released its 2026 Impact Report, showing that Europe has significantly strengthened its ability to scale deep-tech companies. Through coordination between public and private capital, Europe is becoming an important incubation and growth center for deep-tech companies worldwide, with cross-border investment activity increasing substantially.
At its annual meeting, Walmart shareholders voted to approve all proposals submitted by the board. The vote indicates investor support for the company’s current management strategy and future direction, allowing Walmart to continue its retail and digital-transformation plans.
Amazon became the first-ranked company on the Fortune 500 after generating $717 billion in revenue in 2025, surpassing Walmart’s $713 billion. The milestone reflects changes in the retail landscape and highlights Amazon Web Services (AWS) as a major growth engine.
Walmart is deepening its omnichannel strategy by integrating meals from in-store restaurants into its ecommerce platform. The move aims to increase time spent and usage frequency on the Walmart app and strengthen its local-services ecosystem.
Bank of America plans to launch a cross-border real-time payment solution next quarter, supporting instant fund settlement through Swift or CashPro to reduce cross-border transaction costs and improve transparency.
Singapore’s AXS and NTT DATA have entered into a partnership to connect cross-border payment networks between Singapore and Malaysia. The initiative will simplify cross-border fund transfers in Southeast Asia and provide more convenient payment infrastructure for cross-border ecommerce.
At its annual shareholders’ meeting, Walmart confirmed the continued advancement of its omnichannel retail strategy. Company executives said Walmart will continue using AI to optimize operations while increasing investment in employee pay and skills training to maintain growth through improved service efficiency and customer experience in a competitive retail market.
PaidBy and Mastercard have formed a strategic partnership to address fragmentation in cross-border payments. The solution allows consumers to pay directly from bank accounts and enables merchants to settle in local currencies, significantly reducing payment costs and settlement complexity for cross-border ecommerce.
Singapore payment service provider AXS and NTT DATA Japan have signed a memorandum of understanding to connect their bill-payment networks. The initiative aims to provide cross-border users in Southeast Asia with a more convenient bill-payment experience and advance regional digital-payment integration.
Pinterest and AWS have signed a long-term cloud services agreement worth $4 billion. Pinterest will use Amazon’s custom chips and AI infrastructure to accelerate development of its visual search and AI advertising suite in response to competition from platforms such as TikTok.
Bank of America plans to launch a cross-border real-time payments service, enabling corporate customers to make instant fund transfers through Swift or CashPro. The service aims to improve the transparency and speed of cross-border transactions, reduce operational complexity, and support fund repatriation and supply-chain payments for cross-border ecommerce sellers.
Mastercard and payments platform PaidBy have formed a strategic partnership to promote cross-border account-to-account (A2A) payments through open-banking technology. The partnership will simplify cross-border transactions, allow consumers to pay directly in local currency, and help merchants achieve more efficient settlement and reconciliation.
Amazon has officially announced that Prime Day 2026 will run for four days, from June 23 to 26. The event will cover more than 35 categories, including electronics and home goods, while emphasizing AI shopping assistants such as Rufus and Alexa in product recommendations and search. Sellers should note that AI algorithms are reshaping traffic distribution, making traditional keyword optimization insufficient; listing content should be optimized early for AI indexing.
TikTok plans to establish a local legal entity in Vietnam to improve data management and simplify compliance procedures. The move signals a deeper shift from a cross-border model toward localized operations in Southeast Asia in response to increasingly stringent regulatory requirements.
Amazon announced that its annual summer shopping event, Prime Day, will take place in late June. The four-day event will cover 23 countries worldwide and test consumers’ willingness to spend through an earlier promotional schedule. Amazon will use Alexa AI for personalized recommendations and increase discounts on groceries and everyday essentials.