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…
US Commerce head backs legislation to address TikTok, threats
By David Shepardson WASHINGTON (Reuters) – U.S. Commerce Secretary Gina Raimondo supports legislation giving the Commerce Department new tools to address foreign adversary-owned app information concerns, she said on Wednesday.…
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…
US Commerce chief raised Micron, Intel with Chinese officials
By David Shepardson BEIJING (Reuters) – U.S. Commerce Secretary Gina Raimondo said on Monday that she raised concerns about a number of U.S. business issues including Intel and Micron with…
TikTok eCommerce: a made-in-China app for USA
Hypothesising Made-in-China’s success in the United States today seems far-fetched. With the two countries fighting on all fronts, including technology, as the Huawei case shows, with the US ban blocking the Shenzhen company’s expansion…
US Commerce secretary still plans China trip despite hacking
By David Shepardson and Doina Chiacu WASHINGTON (Reuters) – U.S. Commerce Secretary Gina Raimondo said on Friday she still plans to visit China later this year despite the reported Chinese…
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,…
Amid concerns about TikTok, Commerce details effort to secure U.S. data
By David Shepardson and Alexandra Alper WASHINGTON (Reuters) – The Biden administration outlined efforts this week to address growing U.S. national security concerns on foreign companies’ handling of Americans’ data.…
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…