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. The services are WeMakePrice and TMON, whose mother company is Qoo10

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 including industry leader Dollar General, according to the latest market share

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 plans, planning a business between the two countries seems almost

By Ananya Mariam Rajesh, Granth Vanaik and Arriana McLymore (Reuters) - Amazon.com's Prime Day two-day shopping event saw U.S. online sales rise nearly 6% to $6.4 billion from a year ago on its first day, as heavy discounts lured bargain-hunting customers

By Anirudh Saligrama (Reuters) - Nearly 900 Amazon workers at a warehouse in Britain will stage a strike for three days in the coming week over a pay dispute, labour union GMB said on Saturday. The strike will take place from July

By David Shepardson WASHINGTON (Reuters) - The U.S. Federal Trade Commission on Wednesday accused Amazon.com of enrolling millions of consumers into its paid subscription Amazon Prime service without their consent and making it hard for them to cancel, the agency's latest

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, relying on growth in Southeast Asia, Bloomberg News reported on Wednesday,

The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, January 5, 2023. REUTERS/Pascal Rossignol By Arriana McLymore NEW YORK (Reuters) - Amazon has launched its Anti-Counterfeiting Exchange (ACX), an initiative to help retail stores label and

Brazil's Finance Minister Fernando Haddad looks on after a meeting with Brazil's Central Bank President Roberto Campos Neto in Brasilia, Brazil, April 3, 2023. REUTERS/Ueslei Marcelino By Isabel Versiani and Marcela Ayres SAO PAULO/BRASILIA (Reuters) - Brazil's finance minister said on Thursday