Tekhill USA LLC, an entity affiliated with Newegg director Fred Faching Chang, sold 20,000 company shares on the open market at the end of May, drawing attention to the company’s insider-trading activity.
Walmart is increasing its investment in drone delivery in the U.S. market to improve delivery speed and efficiency, strengthen its position in retail competition and pursue the milestone of one million deliveries.
Walmart has recalled Great Value cheese products across 24 U.S. states because of a potential health risk related to pasteurization. No related illnesses have been reported so far.
Newegg announced that it will participate in COMPUTEX 2026, held from June 2 to 5, to celebrate its 25th anniversary and showcase its latest e-commerce achievements.
Optimization of the multimodal sea-rail logistics route from Ganzhou to Shenzhen has significantly improved export efficiency for China’s inland regions. Logistics costs have fallen by 30%, providing cross-border e-commerce sellers with a more competitive shipping option.
Walmart delivered strong results in the first quarter of 2026, with online sales rising by more than 20%. This marked the fifth consecutive quarter of double-digit growth in its online business, highlighting the effectiveness of its e-commerce strategy.
TikTok Shop generated global GMV of $27.45 billion in the first quarter of 2026, showing strong growth. Meanwhile, Temu’s user base in Australia surpassed 4.7 million.
Walmart recently imposed usage quotas on its internal AI tool, Code Puppy. The company previously allowed unlimited use, but rising demand prompted it to manage resources through quotas and guide employees toward tasks where AI can more precisely improve operational efficiency and create value. The change reflects large retailers’ shift from broad AI deployment toward more refined cost-benefit management.
Walmart’s advertising division, Walmart Connect, announced partnerships with Yahoo DSP and Magnite to expand its off-site retail media reach. Through the partnerships, advertisers will be able to use Walmart consumer data for targeted placements beyond Walmart’s platform, including connected TV channels, increasing advertising reach.
Newegg director Fred Faching Chang sold a total of 20,000 company shares through his affiliated entity, Tekhill USA LLC, in two transactions in late May, generating approximately $354,000. The move has drawn attention to the company’s internal governance and potential share-price volatility.
Walmart is increasing investment in its U.S. drone delivery service to attract more consumers amid intense retail competition by improving delivery speed and coverage, with a goal of reaching one million deliveries.
Amazon’s strategic investment in artificial intelligence has generated substantial gains: its $8 billion investment in Anthropic is now valued at $74 billion, highlighting the profit potential of its AI infrastructure and ecosystem strategy.
Optimized sea-rail intermodal logistics channels have significantly improved cross-border export efficiency in inland areas of China, such as Ganzhou. Logistics costs have fallen by 30% and transport efficiency has improved by 40%, providing inland manufacturers with more competitive logistics solutions for overseas expansion.
Walmart’s advertising division, Walmart Connect, has partnered with Yahoo DSP and Magnite to expand the reach of its retail media advertising through external platforms and help brands reach consumers more precisely.
Walmart has capped the token usage available to employees for AI tools as internal demand has risen sharply, aiming to optimize resource allocation and manage the costs of enterprise AI applications.
TikTok Shop reported global GMV of $27.45 billion for the first quarter of 2026, highlighting the platform’s strong growth in live-commerce and rapidly expanding penetration of global markets.
Amazon has updated progress on its global water conservation and replenishment initiatives, emphasizing commitments to reduce water consumption in its operations and support communities through related projects, reflecting continued ESG investment.
eBay is facing legal proceedings involving allegations of labor retaliation and a whistleblower complaint concerning Promoted Listings advertising revenue, raising market concerns about the platform’s compliance.
Mondi’s latest report shows that AI is reshaping consumers’ purchasing decisions, while packaging has become a key factor in improving customer satisfaction and brand loyalty.
eBay announced that new fashion-sizing and coin-grading standards will take effect in July, and Listings with unupdated compliance information will be blocked by the system.