Shoplazza and AliExpress composing a magnificent chapter for African e-commerce
On October 29, 2024, the Alibaba Global Initiatives Reunion Summit was held in Addis Ababa, Ethiopia. By bringing together industry experts and local businesses to discuss approaches for fostering a forward-thinking entrepreneurial…
India minister accuses Amazon, e-commerce firms of predatory pricing
By Aditya Kalra and Shivangi Acharya NEW DELHI (Reuters) – India’s commerce minister accused Amazon and other e-commerce companies of predatory pricing practices and said the sector’s rapid rise should…
Reasons behind the fall of the biggest e-commerce companies in South Korea
Two big e-commerce platforms in South Korea have experienced serious downturns in their liquidity in the past few weeks, delaying their payments to vendors or refunds for customers’ undelivered orders.…
Eighty nations strike deal over e-commerce, but lack US backing
By Emma Farge and Philip Blenkinsop GENEVA (Reuters) – Around 80 countries reached agreement on Friday on rules governing global digital commerce including recognition of e-signatures and protection against online…
E-commerce firm Shopee to adjust services in Indonesia after antitrust violation
By Stefanno Sulaiman JAKARTA (Reuters) – E-commerce firm Shopee said on Wednesday it agreed to make changes to its services in Indonesia after the country’s antitrust agency said the platform…
Indonesia says e-commerce firm Shopee admits to violating monopoly rule
By Stefanno Sulaiman JAKARTA (Reuters) – Indonesia’s antitrust agency on Wednesday said in a statement that e-commerce firm Shopee had admitted to having violated a monopoly rule for its courier…
Chinese e-commerce giants face delicate balance between discounts, profit
By Casey Hall SHANGHAI (Reuters) – Quarterly earnings reports from Chinese e-commerce giants Alibaba and JD.com this week will be closely watched as barometers for the mood of consumers in…
Indonesia says will audit TikTok, Tokopedia trial e-commerce tieup
By Ananda Teresia JAKARTA (Reuters) – China’s TikTok and Indonesia’s tech group GoTo will carry out a trial e-commerce partnership for several months as regulators assess its impact on small…
Indonesia’s GoTo in talks with TikTok over potential e-commerce partnership
By Ananda Teresia and Bernadette Christina JAKARTA (Reuters) – Indonesia’s biggest tech firm GoTo Gojek Tokopedia said on Friday it was in talks with short video app TikTok over a…
Chinese e-commerce platform Temu drawing shoppers from US dollar stores
By Arriana McLymore and Granth Vanaik NEW YORK (Reuters) – Temu, the fast-growing Chinese e-commerce platform selling $4 home decor and $10 shirts, is successfully taking on U.S. dollar stores…