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After being rejected by eBay for a buyout proposal, GameStop reported its first-quarter earnings, posting a net income of $389.6 million, a historic high. This result has prompted a reevaluation of eBay's strategic decisions by the market.
Newegg's Chief Legal Officer Michael Chen sold 67 shares of company stock based on a pre-established 10b5-1 trading plan for a total value of approximately $1,218. This transaction is routine and has limited operational impact on the company.
Newegg debuted its largest-ever Gamer Zone at COMPUTEX 2026 and introduced the new ‘Newegg Simulator Builder’ configuration tool, aimed at strengthening its brand influence in the PC hardware and gaming market through immersive experiences.
Walmart enhances its retail fulfillment capabilities by expanding its 30-minute delivery service to 33 U.S. markets. The service includes over 100,000 items, such as fresh food, pharmaceuticals, and daily necessities, aiming to attract more Walmart+ members and meet the growing demand for instant retail.
Newegg announces its participation in COMPUTEX 2026 in Taipei with the largest booth ever. The event highlights the upgraded "Gamer Zone" and introduces the new "Newegg Simulator Builder" alongside an international PC assembly competition to strengthen its influence in the global PC hardware and gaming community.
Amazon recently announced a new round of layoffs affecting about 16,000 positions. This adjustment reflects the company's ongoing efforts to optimize operational costs and respond to macroeconomic pressures.
Walmart has expanded its '30 minutes or less' delivery service to 33 U.S. markets, covering over 100,000 essential items. This initiative aims to enhance delivery efficiency and increase member loyalty in the instant retail sector.
Newegg has submitted an application to the U.S. Securities and Exchange Commission for a mixed securities offering of up to $250 million. Such a 'mixed shelf' registration typically allows a company to raise funds flexibly in the future based on market conditions, potentially to support business expansion, technological investments, or supplement operational cash flow.
Amazon's Leo satellite network (formerly Project Kuiper) successfully deployed 29 new satellites via an Atlas V rocket, bringing the total number in orbit to 331. The network aims to provide global broadband coverage, and as launch frequency increases, its infrastructure buildout is entering a scaling phase.
Newegg has submitted an application to the U.S. Securities and Exchange Commission (SEC), planning a mixed securities offering of up to $250 million. This move aims to provide funding flexibility for the company's future operations, expansion, or capital structure adjustments.
Return Helper, a provider of cross-border e-commerce return solutions, has completed a $4 million Series A funding round. The company uses AI technology to optimize reverse logistics, helping sellers turn return losses into profits, currently operating over 20 overseas warehouses worldwide.
Amazon has announced a new round of layoffs affecting approximately 16,000 employees. This layoff is part of the company's organizational restructuring and strategic shift towards AI in the post-pandemic era.
The EU announced that starting July 1, 2026, it will eliminate the tax exemption policy for low-value imports (under €150). This move will significantly impact cross-border logistics and pricing strategies for e-commerce sellers.
Newegg has announced its participation in the COMPUTEX 2026, which will be held from June 2 to 5, to celebrate its 25th anniversary and showcase its latest e-commerce strategies.
Amazon has officially confirmed that its annual major promotional event, Prime Day, will return in June this year. Sellers should prepare their inventory and promotion submissions promptly.
Xiaohongshu has officially launched its cross-border e-commerce business Redshop, set to go live in June 2026. The platform will initially focus on nine overseas markets including the U.S. and the U.K., adopting an invitation-only model to avoid competition with low-cost standard goods and promote handmade and intangible cultural heritage products with Chinese cultural characteristics, signifying a strategic upgrade from 'merchants going abroad' to 'platforms going abroad.'
TikTok Shop is continuing its expansion in Europe, officially starting e-commerce operations in the four countries in mid-June. Sellers can now register and select products, and consumers will be able to complete shopping directly in the app without needing to click external links.
In response to surging AI operational costs, Walmart has begun setting token usage limits for employees using internal AI tools. This reflects a shift from unrestricted exploration to cost-effective management as large enterprises fully embrace AI office tools.
In early June, Amazon announced several advancements, including the integration of OpenAI models into its Bedrock platform, and its Leo satellite project has successfully deployed over 330 satellites.
The Asia Security Online Exhibition (ASSOE 2026) officially opened on June 1, running until the end of October, aimed at connecting global buyers with suppliers in the Asian security and industrial protection fields through an online platform.