e-commerce

EBay forecasts bleak quarter as pandemic-driven online demand wanes

EBay Inc has forecast bleak first-quarter results, as the e-commerce platform tackles waning online demand, stiff competition and global supply chain disruptions, sending the compa...

Platform News: Cloud Computing giant AWS Amazon

Analysis: Amazon defies break-up wave sweeping conglomerates

Amazon.com Inc has become the poster child of technology giants bucking the trend of major conglomerates breaking up, thanks to bright growth prospects shielding it from pressure t...

Platform News: Japan's SoftBank

SoftBank seen trimming Alibaba stake to fill shortfall?

SoftBank is likely to trim its stake in Chinese e-commerce giant Alibaba, an analyst has said, as the Japanese tech conglomerate invests in unlisted start-ups through its second Vi...

Alibaba Office Building

US adds e-commerce sites operated by Tencent, Alibaba to ‘notorious markets’ list

Online marketplaces operated by China’s Tencent Holdings and Alibaba Group were included on the US government’s latest “notorious markets” list of entities ...

Platform News: China's Alibaba online marketplace

Alibaba creates virtual idol to promote Olympics merchandise

Chinese e-commerce giant Alibaba Group Holding has released a virtual idol promoting the 2022 Beijing Olympics, riding on a trend that has swept China.

Platform News: Amazon building

Amazon plans to more than double base pay cap for employees

Amazon.com Inc plans to more than double its base pay cap to $350,000, from its previous maximum salary of $160,000 for US employees, according to a company memo.

Platform News: Amazon

Amazon trots out YouTube-sized advertising business

Amazon pulled the veil off its sprawling advertising business for the first time, revealing a business larger than that of Google’s YouTube.

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 ...