Online Marketplace News
The latest news coverage of product and service marketplaces, ranging from broad and specialist e-commerce platforms through to classifieds and beyond.
UK warns tech firms over risks of China expansion
The UK’s digital and tech businesses must be wary of the ethical, legal and commercial risks of expanding to China and accepting Chinese investment, according to a UK governm...
Alibaba CEO says China’s draft anti-monopoly rules ‘timely and necessary’
China’s move to draft rules aimed at preventing monopolistic behaviour by online platforms is timely and necessary, Alibaba Group CEO Daniel Zhang has said.
Over a COVID Christmas US rivals to challenge Amazon under the tree
The new services try to take some of the drudgery from gift-giving. The attributes let consumers purchase a gift online and get it delivered to the recipient with, as an example, t...
Apple, GroupM and others ask for tough protection for data in Google lawsuit
Apple Inc, advertising giant GroupM and many others requested that the judge hearing the Justice Department’s lawsuit against Alphabet’s Google on Friday to let them de...
Top Joe Biden adviser seen as making tech regulation more likely
Joe Biden’s top tech advisor helped craft California’s landmark online privacy law and recently condemned a controversial federal statute that protects platforms from a...
Amazon lays off staff at Prime Air drone project
Amazon.com has said it had laid off tons of employees working on the e-commerce giant’s delivery drone job as part of a reorganization of the team.
Amazon launches online pharmacy in new contest with drug retail
Amazon.com has launched an online pharmacy for delivering prescription drugs in the United States, increasing competition with medication retailers like Walgreens, CVS Health and W...
COVID-19 vaccine hope dampens prospects for stay-at-home darlings
The surge in stocks of Netflix , Zoom and other of this year’s stay-at-home company winners has been brought to a sudden halt by promising vaccine data suggesting a possible ...
Europe charges Amazon with using dominance and data to squeeze rivals
The European Union charged Amazon with damaging international competition within the retail space, alleging that the US tech titan uses its size, power and information to obtain an...
What’s going on: EU regulators versus top tech
EU regulators have charged Amazon with distorting competition in online retail and opened a second investigation into its business practices, as antitrust chief Margrethe Vestager ...
China publishes draft competition rules for online platforms
China’s economy regulator has just printed draft rules aimed at preventing monopolistic behaviour by internet platforms, in a move that will boost scrutiny on the countryR...
EU urges online platforms to gird for new wave of COVID consumer scams
The European Commission has urged online platforms to prepare for a brand new wave of consumer scams linked to the resurgence of all COVID-19 infections in Europe and said they wil...
Alibaba beats sales forecasts on China e-commerce growth
Alibaba Group beat third quarterly revenue estimates on Thursday, driven by e-commerce expansion after China arose from coronavirus lockdowns, and said it was assessing the suspens...
Amazon drops French Black Friday ad campaign as lockdown starts
Amazon is withdrawing advertisements for pre-Black Friday reductions in France, after the government said the effort was unfair to small shops at time when a coronavirus lockdown h...