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 Parliament

London Stock Exchange in talks with Indian tech firms to list overseas

The London Stock Exchange is in discussions with several Indian technology companies for their overseas stock listings, a senior executive for the British exchange told journalists...

Tech Titans

Congressional report suggests big trouble for Big Tech if Biden wins White House

A scathing report detailing abuses of market power by four leading platform businesses suggests a tough road ahead of new rules and more rigorous enforcement for ‘Big Tech...

Amazon's fight against $277 million EU tax order kicks off in court on Thursday

Amazon sends legal notice to Future Group over Reliance deal

Amazon.com has said it has sent a legal notice to a promoter of Future Group, alleging the Indian merchant breached the provisions of its contract by signing a deal with Reliance I...

Digital Tax US

Wanted: global digital tax push after pandemic, US vote stall talks

Negotiators from 140 countries will inquire Washington and its own G20 partners this week to reaffirm political support for global rules to tax digital giants following the coronav...

Tech Titans

American lawmakers detail Big Tech’s market abuses and press for reform

A US House of Representatives panel that is currently looking into abuses of market power by four platform businesses discovered they used “killer acquisitions” to smit...

SME

How ‘Big Tech’ gain and maintain market dominance

Democrats from a US House of Representatives subcommittee issued a report detailing strategies it said four of the largest platform businesses used to gain dominant placement in on...

Federal Communications Commission

FCC chairman stands by net neutrality repeal after appeals court ruling

Federal Communications Commission Chairman Ajit Pai has said he stands from the bureau’s repeal of landmark web neutrality principles and circulated a proposal to tackle issu...

Shopee

Shopee in Thai twitter storm for banning an anti-government store

E-commerce player Shopee has turned into a ban on a shop connected to some dissolved opposition party in Thailand, a spokeswoman said, after online criticism of its perceived pro-g...

Amazon Coronavirus

Amazon reports over 19,000 frontline employees have had COVID-19

Amazon.com said more than 19,000 of its US frontline employees contracted the coronavirus this calendar year, or 1.44% of the total, a revelation sought by labour advocates who hav...

Social Media Giants

Platform CEO’s will testify before US Senate committee

The CEO’s of Facebook, Twitter and Google have agreed to voluntarily testify in a hearing before the Senate Commerce Committee on October the 28th about an integral law prote...

Senate

Democrats discuss tougher antitrust law, some in the GOP agree

The US House of Representatives Judiciary Committee’s antitrust panel discussed ways to tighten antitrust laws on Thursday, with two Republicans on the Democrat-dominated pan...

Joe Biden

Amazon and Big Tech cozy up to Joe Biden

Having a framed Joe Biden poster in the background, Amazon’s Jay Carney made no secret of his long history with the presidential candidate when speaking at a digital policy r...

Belarus

With warm words and fast visas, neighbours woo IT workers in Belarus

After Max Korolevsky stated he was detained and then beaten by security forces during protests in Belarus, he asked the IT company he works for to transfer him to neighbouring Ukra...

Alibaba

News short: Alibaba CFO says cloud division to be profitable within FY2021

Chinese platform giant Alibaba’s cloud unit hopes to be profitable inside 2021, a senior executive said early on Wednesday.