Online Shopping

FedEx reported a nearly $2 billion profit in its most recent quarter, after reporting a loss the year before, helped by a surge in on-line shopping and the growth of its business-to-business shipping companies. This is a comparatively new platform – social commerce startup that has gained reputation in recent times. The ecommerce startup provides group-buying deals on a wide range of merchandise, which allows consumers to economize by buying in bulk.

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