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The Latest Breaking News from e-commerce

China's Ant Group says founder Jack Ma will give up control

Leading Chinese financial technology provider Ant Group has announced that its founder, e-commerce billionaire Jack Ma, will give up control of the company

The Independent UK

Data protection norms key to ensure retail, e-commerce not hit by big tech's data collection practices: CAIT

NEW DELHI: The Confederation of All India Traders (CAIT) has emphasised that the data protection rules are critical to ensure that retail and e-commerce sectors are not negatively impacted by data collection and processing activities of big tech companies.

The Times of India

Amazon, Salesforce jettison jobs in latest tech worker purge

E-commerce giant Amazon and business software maker Salesforce are the latest U.S. tech companies to announce major job cuts

The Independent UK

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Chinese regulators approve capital expansion for Ant Group

Chinese regulators have said e-commerce giant Alibaba’s finance affiliate Ant Group can raise $1.5 billion for its consumer finance unit in an important step forward after the government called off a planned IPO two years ago and ordered the firm to restructure

The Independent UK

Amazon Joins YouTube, Apple In Investing On Live Sports Content

Amazon has joined the bandwagon of incorporating sports content in its operations. Read on for details:

Dynamite News

Kenya Proposes 23-Point Plan to Strengthen Economic Ties with Saudi Arabia

Kenyan Minister of Trade and Industry Moses Kiarie and an accompanying delegation of Kenyan institutions and companies have met with representatives of the Saudi business sector at the headquarters of the Federation of Saudi Chambers. During the meeting, the minister proposed a 23-point plan to strengthen and advance Kenya's economic…

Asharq Al-Awsat

Fortnite maker to pay $520M for privacy, e-commerce abuses

The maker of the popular Fortnite video game will pay $520 million in penalties and refunds to settle complaints revolving around children’s privacy and its payment methods that tricked players into making unintended purchases

The Independent UK

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Reviving sales at Kay and Zales: How Gina Drosos pulled America’s biggest jeweler out of a long slump

Gina Drosos led the owner of Kay Jewelers and Zales into e-commerce and cleaned up a toxic management culture. Can she tame inflation, too?

Fortune

Alibaba's free trade hub in Thailand begins trial operation

A free-trade-zone project in Thailand, launched in 2018 by Alibaba Group Holding while company founder Jack Ma was still CEO, has finally started trial operation.

Bangkok Post

Snappy Shopper raises seven-figure growth funding

E-commerce platform for local shops reveals plans to expand internationally

Insider UK

Pandemic e-commerce boom here to stay

Internet commerce has grown explosively over the past five years.

Axios

The Best Monthly Dividend Stocks to Buy Right Now

Your bills come monthly. Why not your dividend checks? These are some of the best monthly dividend stocks for income planning.

Kiplinger

BEES: Labatt’s New B2B Ecosystem Launches in Canada

Labatt’s game-changing e-commerce platform is transforming what a beer and beverage company can be

The Walrus

Easing in e-commerce market growth

Thailand's e-commerce market is expected to experience slower growth from this year's estimated 18%, dipping to single digits in 2023 as more shoppers return to stores after Covid infections eased, says the Thai E-Commerce Association (Theca).

Bangkok Post

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Wales Online

Jobs with 'London-esque' salaries helping to attract tech workers at Amazon-owned firm in Swansea

The online retail giant liked the look of e-commerce firm Veeqo, which former Llanelli schoolboy Matt Warren founded nine years ago

Birmingham Post

Exeter web design business Sellerdeck acquired by London tech group

The Devon firm specialises in software designed to help online retailers simplify and speed up sales processes

The Times of India

Chinese billionaire Jack Ma living in Tokyo after China's crackdown against firms: Report

BEIJING: Chinese billionaire and e-commerce giant Alibaba founder Jack Ma who ran into trouble with the Chinese government over violating anti-monopoly regulations and kept a low profile since 2020 is now living in Tokyo for about six months, according to a media report on Tuesday.

The Independent UK

Cyber Monday deals lure in consumers amid high inflation

Days after flocking to stores on Black Friday, consumers are turning online for Cyber Monday to score more discounts on gifts and other items that have ballooned in price because of high inflation

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The Times of India

Tech trends that are transforming the fashion world

From the invention of sewing machines to absorbing the rise of e-commerce, the fashion industry has been at the forefront of innovation. It is one of the biggest industries in the world and is projected to rack up to $3.3 trillion by 2030, thus growing faster than ever.

The Times of India

Nykaa chief financial officer Arvind Agarwal quits

NEW DELHI: FSN E-Commerce Ventures, which operates under the Nykaa brand name, on Tuesday said its chief financial officer Arvind Agarwal has resigned from the company.

Dynamite News

Govt Announces New Norms To Curb Fake Online Reviews Of Products, Services

E-commerce players like Amazon and Flipkart will have to voluntarily disclose all paid consumer reviews of products and services offered on their platforms. Read on for details:

Asharq Al-Awsat

Amazon Confirms it Has Begun Laying off Employees

Amazon confirmed on Thursday that it is laying off staff, after days of rumors that the e-commerce behemoth would become the latest tech giant to unleash a large-scale redundancy plan amid a souring economic environment. "The economy remains in a challenging spot and we've hired rapidly the last several years,"…

Bangkok Post

Japan, Thailand ink new economic partnership plan

Japan and Thailand on Thursday adopted a new economic partnership plan ranging from digital trade and e-commerce to quality infrastructure development in an effort to further enhance bilateral ties.

Bangkok Post

Digital Economy Gives New Impetus to Deepen Sino-Thai Relations

Nowadays, facing the overlapping impact of a great change that has not happened in a century and the pandemic of the century, the international situation is complex and turbulent, and all countries in the world are facing new problems and challenges in their developments.

France 24

Amazon slated to cut 10,000 corporate jobs amid slow consumer spending

After Meta and Twitter, Amazon is the latest e-commerce giant looking to reduce its payroll. Reports in The New York Times and other outlets say this is part of the company's drive to cut any lossmaking or underperforming units. The job cuts, which could represent as much as 3 percent…

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