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.

European Union

Big tech platforms face 6% fines if they breach new EU content rules

Significant platform businesses like Google and Facebook will face fines of up to 6% of turnover if they don’t do more to tackle illegal material and reveal more about advert...

Flipkart

Flipkart and PhonePe have room for other investors, Walmart CEO says

Walmart’s Indian e-commerce company Flipkart and electronic payments firm PhonePe have room for different investors and may raise money in many ways including stock exchange ...

Amazon

Ex-French minister sneers at Amazon executive’s justification of tax bill

An ex-French minister told the head of Amazon France he was “taking the piss” following the executive told a parliamentary committee that the business paid the French c...

Google

French watchdog fines Google, Amazon for breaching cookies rules

France’s data privacy watchdog has given out its largest ever fine of 100 million euros (approximately $121 million) to Google for violating the country’s principles on...

JD.com

JD.com becomes first online platform to accept China’s digital currency

Chinese e-commerce company JD.com Inc said on Saturday it has become the nation’s first digital platform to accept Beijing’s homegrown digital currency.

Flipkart

Flipkart’s PhonePe to raise $700 million from existing investors

PhonePe, the digital payments business unit of Flipkart has said it would sell a stake to existing investors for $700 million, helping it fuel expansion at a crowded market that in...

Amazon

400+ lawmakers from 34 countries back ‘Make Amazon Pay’ campaign

More than 400 lawmakers from 34 countries have signed a letter to Amazon.com manager Jeff Bezos backing a campaign that asserts that the technology giant has “dodged and dism...

Trump Social Media

President Trump vows to veto defence bill unless Section 230 is scrapped

President Trump has just announced that he would veto the $740 billion National Defence Authorization Act unless it includes a measure eliminating a federal law protecting tech com...

Amazon Delivery

Amazon says sellers racked up more than $4.8 billion in sales over weekend

Amazon.com has said that independent companies selling on its platform crossed $4.8 billion in global sales from Black Friday through Cyber Monday, a massive increase of over 60% f...

Amazon

Cyber Monday set to be biggest online shopping day in American history

Cyber Monday was established to garner up to $12.7 billion in online sales, according to industry estimates, surpassing Black Friday’s digital numbers as American retailers e...

Amazon

Amazon and Apple stay away from French initiative for Big Tech

Amazon and Apple have not signed up to a brand new French initiative to get global tech firms to publicly commit to fundamentals including paying their fair share of taxes, governm...

Big Data

UN decries police use of racial profiling derived from Big Data

Authorities and border guards have to fight racial profiling and be sure that their usage of “big data” gathered via artificial intelligence does not reinforce biases a...

Allegro

Polish e-commerce group Allegro to pilot own parcel lockers

Polish e-commerce stage Allegro is likely to pilot its own delivery lockers, its chief financial officer said on Thursday, after reporting third-quarter outcomes and raising its en...

Tech Titans

France orders tech giants to pay digital tax

France’s finance ministry has sent out notices to large tech companies liable for its own digital service tax to pay the levy as planned in December, the ministry has said.