Office Depot surged 11% Monday morning after the company announced a strategic collaboration with Alibaba, China's biggest e-commerce site.
The collaboration will leverage Office Depot 's relationships with more than 10 million US business customers and Alibaba's global network of over 150,000 suppliers.
Their goal is to empower US small- and medium-sized businesses to grow by tapping into the $23.9 trillion global business-to-business e-commerce marketplace.Office Depot shares surged 11% Monday morning to $3.95 apiece after the company announced a strategic collaboration with Alibaba, China's biggest e-commerce site.
The collaboration will leverage Office Depot's relationships with more than 10 million US business customers and Alibaba's global network of over 150,000 suppliers. Their goal is to empower US small- and medium-sized businesses to grow by tapping into the global business-to-business e-commerce marketplace, which was most recently valued at $23.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Stocks making the biggest moves premarket: Lowe's, Best Buy, Weight Watchers, Office Depot & moreSome of the names on the move ahead of the open.
Lire la suite »
26 Pieces Of Furniture You Can Get On Sale At The Home Depot Right NowPick up some fab furnishings from your go-to nuts and bolts store!
Lire la suite »
Home Depot And Lowe's Disappoint Wall Street, But Home Category Should Keep Both Retailers SafeTheir numbers this week may have disappointed Wall Street, but Home Depot and Lowe's continue to outperform most of their retailing counterparts
Lire la suite »
Home Depot, Caterpillar weigh on stock futures; Fed testimony awaitedU.S. stock futures edged lower on Tuesday, hit by losses in Home Depot and Cater...
Lire la suite »
'Cold, snowy, wet': Home Depot suffers as winter hits house makeoversHome Depot Inc missed Wall Street forecasts for quarterly sales on Tuesday, as a...
Lire la suite »
Tech stocks help S&P inch higher, Home Depot weighs on DowThe S&P 500 eked out gains on Tuesday, boosted by technology sector, but losses ...
Lire la suite »
Value investor Greenblatt says market in expensive range historically, likes Home Depot, Boeing
Lire la suite »
Cramer: Home Depot got hit by bad weather and produced a windfall for investorsJim Cramer says 'if we are talking about just any old retailer, I would say it's time to sell. A miss is a miss. But Home Depot is different.'
Lire la suite »
Home Depot forecasts poor 2019 earnings as U.S. housing momentum slowsHome Depot Inc projected 2019 earnings below Wall Street forecasts on Tuesday, a...
Lire la suite »
Stocks making the biggest moves premarket: Home Depot, Caterpillar, Tesla & moreSome of the names on the move ahead of the open.
Lire la suite »