e-commerce

Gen Zs in Asia-Pacific Rely on TikTok, Influencers for Shopping Decisions: KPMG Study

Gen Zs in Asia-Pacific Rely on TikTok, Influencers for Shopping Decisions: KPMG Study

Gen Z has been primarily looking for trends online rather than visiting department stores, according to a recent report.

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Amazon to Launch Discount Store to Compete Against Shein, Temu

Amazon to Launch Discount Store to Compete Against Shein, Temu

Amazon revealed plans to launch a dedicated low-price fashion and lifestyle online store to allow Chinese sellers to ship directly to consumers in the United States.

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South Korea Regulator May Sanction Meta Over Facebook and Instagram Marketplaces: Report

Meta might be penalized by South Korea's antitrust office for allegedly failing to protect local consumers on its Facebook and Instagram marketplaces against fraudulent transactions.

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Shein Is Eyeing London IPO Due to Challenges of Listing in the US

Shein is reportedly looking into switching its initial public offering (IPO) from New York to London due to possible issues with a listing in the United States.

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Meet Rufus: Amazon Unveils Its New AI-Powered Shopping Assistant

Meet Rufus: Amazon Unveils Its New AI-Powered Shopping Assistant

Amazon on Thursday unveiled its new AI-powered shopping assistant, called Rufus.

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Verizon to bid for Yahoo, Yahoo Japan stake

Verizon Communications Inc will bid for Yahoo's web business, while Alphabet Inc's Google unit is also exploring options on bidding for it. Additionally, Verizon may also make an offer for stake in Yahoo's Japan subsidiary.

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Clothing and Accessories Emerged as The Biggest Category in E-Commerce, Outpacing Computer Hardware Sector

Clothing and accessories sector is outpacing other sectors in e-commerce sales. Some factors, including better shipping and return policies and changes in mobile uses, are encouraging more people to make more small purchases online.

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State Media Indicated That Chinese Government is Turning Against Alibaba

State-run media broadcasts indicated that the Chinese government is turning against the country’s most successful e-commerce company Alibaba. However, the company didn’t seem to take much damage from the reports in terms of sales and shares.

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Ride-Hailing Service Grab Teams Up With Indonesian Conglomerate Lippo Group

Ride-hailing app Grab is partnering with Indonesian conglomerate Lippo Group. Under the deal, Grab will provide its service to deliver products from the conglomerate’s e-commerce. The deal emerged when ride-hailing services in Indonesia are facing challenges in terms of regulations.

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Costco May Have to Boost E-Commerce over Weak Growth in Q2

Long reluctance to e-commerce have delayed Costco operation to fully utilize the power of Internet retail. However, it seems the company has to start further the initiative as slow growth in Q2.

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China's Baidu to invest in Indian e-comerrce startups

The top online search engine already had the initial discussions with the three Indian startups. Baidu seeks to expand to India due to growing online population and internet user.

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BNP Report: Alibaba Can Expand Operations with $38B in 2016

If you haven't heard of it, Alibaba is a Chinese e-commerce company that started as a e-marketplace and now has grown to offer other services like electronic payment and cloud computing. They've become one of the biggest companies in China and now, they have even more money to expand with possibly $38 billion available for deals next year.

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Now the desktop is no longer a trend in India

Now the mobile e-commerce is a booming e-commerce business in India. India could have 657 million Internet users by 2019, up from 277 million to date. The growth of mobile e-commerce increased at a fast pace.

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Apple Store launched "Shopping category" for convenient e-commerce

Apple is continuously adding incredible features and apps for easy consumer use. It considered the needs of online shoppers to carry out an effortless and convenient process of buying.

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Four of 10 products sold online in China are fakes, shoddy

More than 40% of goods sold on the Internet in China are fakes or shoddy, according to a report by an official of the standing committee of the National People's Congress, the country's top law-making body.

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