eCommerce
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Alibaba integrates e-commerce platforms into a single business unit
ALIBABA Group will integrate all of its e-commerce platforms into a single business unit to be called the Alibaba E-commerce Business Group, it said in a stock exchange filing on…
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Alibaba combines e-commerce arms to tackle growing competition
Alibaba Group will integrate its domestic Chinese and international e-commerce platforms into a single business unit run by one leader for the first time, the company said in a stock…
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“Don’t Give Up”: Six Steps to Make Your E-commerce Project a Success
In the coming years, the e-commerce sector is set for dynamic growth. This is evident from a recent report published by Forbes Advisor. Analysts project that by the end of…
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Shopify is winning Salesforce clients, stoking e-commerce rivalry
OVER the past 15 or so years, Shopify has established itself as the go-to for mom-and-pop businesses looking to set up shop online. Now, in a dramatic shift, the Canadian…
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YouTube and Shopee partner in South-east Asia e-commerce tie-up
ALPHABET’S YouTube and e-commerce platform Shopee said on Wednesday (Sep 18) they were launching an online shopping service in Indonesia and planned to expand it in South-east Asia as competition…
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ByteDance Seeks Record $9.5 Billion Loan For E-Commerce, GenAI Expansion
TikTok’s parent company ByteDance is eyeing a US$9.5 billion loan from banks, which would mark the biggest dollar-denominated corporate facility in Asia ex-Japan, according to reports. Banking institutions like Citigroup,…
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Chinese e-commerce group JD.com beats profit forecasts in Q2
Chinese e-commerce group JD.com on Thursday (Aug 15) reported forecast beating second-quarter profits, helped by price cuts that attracted cost-sensitive consumers to its platform. JD.com’s US-listed shares rose as much…
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Flipkart Driving E-commerce Revolution: The Krishnamurthy Effect
How CEO Kalyan Krishnamurthy balances e-commerce market with welfare and nation-buildingIBT Creative Kalyan Krishnamurthy’s tenure as CEO of Flipkart has not only marked a period of significant growth for the…
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China’s e-commerce giants dig deep on pitches to jolt wary buyers
CHINA’S shoppers are getting wooed this week like never before. The country’s biggest Internet firms are pulling out all the stops during the annual “618” shopping festival, in a bid…
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More worries for China, sales at big e-commerce festival drop for first time
SALES fell for the first time ever at China’s blowout mid-year e-commerce sales festival as consumers remain cautious about spending as the economy sputters, according to third-party data estimates released…
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Amazon Labor Union To Affiliate With Teamsters Amid Battle With E-Commerce Giant
The Amazon Labor Union (ALU) is set to affiliate with the International Brotherhood of Teamsters in the hopes of strengthening its force and finally establishing a contract with the e-commerce…
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TikTok pauses e-commerce push into Europe to focus on US
TIKTOK has put on hold plans to launch its fast-growing e-commerce business across major European markets, focusing instead on growth in the US where it’s fighting a divest-or-ban law. ByteDance’s…
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India’s Adani Group plans e-commerce, payments ventures
India’s Adani Group has been considering an application for a licence to operate on the country’s public digital payments network and is in talks with banks to finalise plans for…