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…
China’s Singles Day sales festival wraps up with e-commerce giants reporting sales growth
By Casey Hall SHANGHAI (Reuters) – Alibaba Group reported that its Chinese e-commerce platforms Tmall and Taobao recorded “positive” year-on-year growth over this year’s Singles Day sales period, which wrapped…
China’s e-commerce platforms not doing enough on climate
By David Stanway SINGAPORE (Reuters) – China’s top e-commerce platforms have made insufficient effort to steer consumers onto a more sustainable path that would help protect the environment and combat…
In major blow to TikTok, Indonesia bans e-commerce transactions on social media
By Dewi Kurniawati and Stanley Widianto JAKARTA (Reuters) – Indonesia has banned e-commerce transactions on social media platforms, the trade minister said on Wednesday, in a blow to short video…
TikTok seeks up to $20 billion in e-commerce business this year
By Anirudh Saligrama (Reuters) – ByteDance-owned TikTok hopes to more than quadruple the size of its worldwide e-commerce operations to as much as $20 billion in merchandise sales this year,…
Brazil plans ‘digital tax’ on shipments from e-commerce giants
By Isabel Versiani and Marcela Ayres SAO PAULO/BRASILIA (Reuters) – Brazil’s finance minister said on Thursday the country would implement a “digital tax” on shipments from e-commerce giants, after backtracking…
Brazil targets Asian e-commerce giants, local companies in tax push
By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) – Brazil will soon unveil tax measures, including a crackdown targeting Asian e-commerce giants and curbs on some company tax benefits, as…
Etsy, other e-commerce companies feel squeeze of SVB collapse
By Arriana McLymore and Doyinsola Oladipo NEW YORK (Reuters) – Etsy on Monday resumed payments to merchants with Silicon Valley Bank accounts after the e-commerce platform paused their payouts over…