Italy fines Amazon $1.3 bn for abuse of market dominance
Italy’s antitrust watchdog has fined Amazon 1.13 billion euros ($1.28 billion) for alleged abuse of market dominance. It said Amazon harmed its competitors in...
China’s Alibaba reveals organizational changes to focus abroad
Alibaba Group announced organizational changes and leadership appointments to enhance revenue in both its consumer and wholesale commerce platforms in China and globally.
Alibaba Group...
Online sales slowed on Cyber Monday and Black Friday
U.S. retailers’ online sales have slowed on Cyber Monday and Black Friday, according to several market reports.
U.S. retailers’ online sales likely slowed this Cyber...
How to prepare your 3PL company for entering B2C market: technical details to keep...
The tremendous growth of the e-commerce industry has resulted in the growth of last-mile delivery, which in turn is making logistic companies, including third-party...
China’s Singles’ Day lost glory amid modest growth
After more than a decade of explosive growth, China’s Singles’ Day, the world’s biggest online shopping fest, is losing its gloss and bracing for...
Alibaba records Singles’ Day GMV of $84.54 bn over 11-day sales period
Alibaba Group recorded Singles’ Day gross merchandise value (GMV) of 540.3 billion yuan ($84.54 billion) over the 11-day sales period.
The e-commerce major from China...
DoorDash buys Wolt for $8.09 bn to grow business in Europe
DoorDash announced the acquisition of Finland-based rival Wolt Enterprises in an all-stock deal valued at about 7 billion euros ($8.09 billion).
DoorDash, the biggest U.S....
Nykaa to raise $500 mn via IPO
Indian startup FSN E-Commerce Ventures, which runs beauty company Nykaa, has priced its initial public offering (IPO) at 1,085 rupees to 1,125 rupees per...
Amazon to hire 150,000 U.S. workers for holiday shopping season
Amazon.com, one of the leading e-commerce platforms, plans to hire 150,000 seasonal workers in the United States during the holiday period.
Last year, Amazon.com announced...
Junk Food Clothing deploys online e-commerce platform Nogin
Junk Food Clothing has deployed online e-commerce platform Nogin to increase sales, profits and conversion rates, and execute R&D upgrades in real-time.
The deployment of Nogin’s...
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