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 fraud, but failed to bring the United States on board. After five
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 the world's second-largest economy. Both firms, which combined account for about 69%
Alibaba boosts share buy back as revenues miss estimates
By Casey Hall and Harshita Mary Varghese SHANGHAI (Reuters) - China's Alibaba Group Holding on Wednesday missed analysts' estimates for third-quarter revenue, hurt by a weak retail environment and faltering economic recovery in the world's second-largest economy. U.S.-listed shares of Alibaba fell
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 merchants in the Southeast Asian country, Indonesia's trade minister said on
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 potential e-commerce partnership in the Southeast Asian country. No final deal has
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 up at midnight on Saturday. Meanwhile competitor JD.com said its festival
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 climate change, environment group Greenpeace said on Thursday. "There's been clear progress
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 app TikTok, which is doubling down on Southeast Asia's biggest economy
Amazon and Snapchat bet on AR e-commerce
Amazon Fashion will use Snapchat's augmented reality shopping lenses to allow users to try on eyewear from thousands of brands virtually. Users will be able to purchase accessories through Amazon and then share their photos online, creating a total shopping experience. As