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Wednesday, October 16, 2019

Tag: e-commerce

Yahoo Japan nears deal for majority stake in Zozo

The deal is likely to bolster Yahoo Japan's prospects in e-commerce.

Amazon extends UK grocery alliance with retailer Morrison

'Morrisons at Amazon' is currently available in four cities, where many customers can receive groceries within one hour of ordering.

AirAsia plans to expand its e-commerce business

AirAsia is expanding its business by venturing into e-commerce and is presently talking to potential buyers.

Amazon to pull plug on China retail operations

The US e-commerce pioneer will maintain other operations in China such as Amazon Web Services (AWS) and Kindle e-books.

Ministry tracks thousands of online ads for illicit medicines

Since 2016, nearly 6,000 notices have been sent to e-commerce platforms demanding the removal of advertising links.

Going out of business hottest trend on UK shopping streets

E-commerce, the looming Brexit deadline and discounters applying pressure on mainstream grocers are weighing on British retailers.

Amazon’s winner-take-all approach to small business

If you search for another company’s product, you might see an Amazon product promoted at the top of the list.

Amazon places big bet on aspiring Tesla rival Rivian

The deal represents a major endorsement of Rivian's electric vehicle technology by the world's largest online retailer.

US considers withdrawal of zero tariffs for India

India’s new rules on e-commerce that restrict the way Amazon.com does business appears to be the trigger for the latest downturn in trade ties.

China joins talks to strike a worldwide digital trade pact

If successful, a digital trade accord would establish a baseline international regime for 21st-century trade and reduce cross-border hurdles to e-commerce.

US voices concern as India’s e-commerce restrictions hit Amazon, Walmart

India's e-commerce investment rules ban companies from selling products via firms in which they have an equity interest.

Indonesia cracks down on e-commerce to raise tax collection

All operators of online marketplaces will have to detail each seller's turnover and report this to authorities effective April.

On Black Friday, more US shoppers chose the computer over the...

The ongoing shift to online shopping has forced retailers across the country to invest heavily in boosting their e-commerce businesses.

Alibaba inks deal with local supplier to export Musang King

Durian supplier Beho Fresh will be supplying Win-Chain with frozen whole Musang King durians for distribution on Tmall and other Chinese retail marketplaces owned by Alibaba.

Ikea cuts 7,500 jobs in e-commerce push

Ikea, via Ingka, will at the same time recruit 11,500 people in the next two years to meet the company's 'digital capabilities' and its plans to open around 30 new stores.

Have better oversight of e-commerce, government urged

Consumer complaints body says it received more than 100 complaints on the 11.11 sales festival alone.

‘Ababis’ and ‘Star Wnrs’: Knockoffs thrive in China e-commerce

While the majority of products sold are genuine, imitations abound.

Vying for Vuitton: China’s e-commerce rivals seek luxury stranglehold

The online shopping giants have recruited dozens of labels since launching their rival luxury sites in mid-2017.

Low speed, high price of broadband hinders adoption of digital technology

Adoption index by small and medium-sized enterprises is below other peer countries in the region.

EBay beats quarterly profit on cost cut efforts, shares rise

The company's profit rose to US$721 million, or 73 cents per share, in the third quarter ended Sept 30, from US$520 million, or 48 cents per share, a year earlier.

Amazon quarterly profit rockets tenfold to US$2.9 billion

The e-commerce giant has become an increasingly diverse company since its start as an online book seller nearly 15 years ago, expanding to grocery stores, streaming television, cloud services and more.

Alibaba’s Jack Ma says in talks with Indonesia on tech training...

The co-founder of Alibaba, China's biggest e-commerce firm, said it is important for Indonesia to invest in human capital because only when people improve, when people's minds change, when people's skills improve, then we can enter the digital period.

Alibaba’s Jack Ma to open institute for tech entrepreneurs in Indonesia

Ma did not say when the Jack Ma Institute of Entrepreneurs would launch, but said the aim was to train 1,000 tech leaders a year over the next 10 years.

Jack Ma plans to step down from Alibaba on Monday

China’s richest man said that he would remain on Alibaba’s board of directors as he pursues philanthropic endeavours.