e-commerce

Platform News: Tencent conference and exhibition in China

Tencent raises $3 billion by trimming stake in Shopee-owner Sea

Chinese gaming and social media company Tencent Holdings has raised $3 billion by selling 14.5 million shares at $208 each in Sea, which owns e-commerce firm Shopee, according to a...

Chinese Flag

China drafts rules on security reviews for apps influencing public opinion

China’s cyber regulatory body has issued draft rules governing mobile apps, including a requirement for security reviews of apps whose functions could influence public opinio...

Platform News: Amazon packages

Italy fines Amazon record $1.3 billion for abuse of market dominance

Italy’s antitrust watchdog said on Thursday it had fined Amazon 1.13 billion euros (approximately $1.28 billion) for alleged abuse of market dominance, in one of the biggest ...

Platform News: China's Alibaba online marketplace

Alibaba’s e-commerce empire under threat from Douyin, Pinduoduo

For more than a decade, Alibaba Group has been China’s undisputed e-commerce king but of late its crown has shown signs of slipping, unsettled by an influx of aggressive comp...

Alibaba Office Building

Alibaba overhauls e-commerce businesses, names new CFO

Alibaba Group Holding Ltd said it will reorganise its international and domestic e-commerce businesses and replace its CFO – changes that come as the tech giant grapples with...

Pinduoduo

Chinese e-commerce platform Pinduoduo slumps after revenue miss

US-listed shares of Pinduoduo plunged as much as 18% in early trading on Friday after the Chinese e-commerce platform missed quarterly revenue expectations as new coronavirus outbr...

Platform Economy: The technology sector in Paris, France

France orders websites to remove online marketplace Wish

France has ordered search engines and online platforms to strip Wish from their listings over concerns about product safety and the US e-commerce marketplace said it was taking leg...

Visa Payment

Visa’s chief financial officer expects to resolve fee row with Amazon

Visa expects to resolve its credit card fee dispute with Amazon.com in the UK and hopes to continue its co-branded credit card partnership with the e-commerce giant in the US, its ...

Platform Industry: Amazon corporate logo on a wall

A look at the intimate details Amazon knows about us

As a Virginia lawmaker, Ibraheem Samirah has studied internet privacy issues and debated how to regulate tech firms’ collection of personal data. Still, he was stunned to learn the...

Sberbank: Russia banking

Russia’s Sberbank, enhancing AI offering, unveils second supercomputer

A second supercomputer and AI upgrades form part of Sberbank’s enhanced offerings of digital services such as cloud computing and virtual assistant software, CTO David Rafalo...

Platform Industry: NBCUniversal Comcast on the side of a building

NBCUniversal to launch livestream shopping, following Big Tech’s lead

NBCUniversal is making its livestream shopping debut with a show on Instagram and other platforms during the holiday season, allowing viewers to buy clothing, home decor and other ...

Allegro: e-commerce player from Poland

Poland’s Allegro buys Czech online retailer Mall for $1 billion

Polish e-commerce group Allegro has agreed to buy Czech online retailer Mall Group for 881 million euros (approximately $1.02 billion) to create a regional platform, sending its sh...

Platform News: Jack Ma, the founder of Alibaba

Jack Ma, Trump and Xi: How Chinese billionaire flew close to the sun

This was supposed to be Jack Ma’s finest hour: a year ago to the day, his Ant Group was meant to go public in a $37 billion blaze of glory. Instead Beijing reined in his empi...

Shopify Canada

Shopify’s revenue rises in run-up to key holiday season; shares up

Canadian e-commerce giant Shopify Inc reported a 46% rise in quarterly revenue as consumer spending “normalizes” after a year of a pandemic-fuelled online shopping fren...

Platform Industry: Amazon corporate logo on a wall

Amazon seen triumphing over Apple privacy changes in digital ad business

Amazon.com is expected to emerge as a winner in the digital advertising arena, surviving Apple’s privacy changes better than rivals Facebook and Snap.

  • 1
  • 2
  • 9