Tag: eCommerce
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Walmart Hikes Salary for U.S. Store Managers, Hourly Wage Surpassing $18
Walmart revealed on Thursday its decision to enhance the annual average salary and bonus for U.S. store managers, effective February 1. This strategic step...
JD.com Wins $141 mn Lawsuit Against Alibaba for Monopolistic Practices
E-commerce major JD.com has emerged victorious against rival Alibaba, securing a significant win in a lawsuit.
The High People’s Court of Beijing imposed a staggering...
Coupang Announces Acquisition Plans for Farfetch, Injecting $500 mn in Capital
Coupang, a prominent e-commerce entity listed on the New York Stock Exchange, has revealed plans to acquire Farfetch Holdings in a strategic move aimed...
TikTok to Invest $1.5 bn in Tokopedia, Ushering a New Era in Indonesian E-commerce
TikTok has announced a staggering $1.5 billion investment in GoTo’s Tokopedia. This strategic alliance aims to fortify the micro, small, and medium enterprises (MSMEs)...
Alibaba and JD.com Celebrate Successful Singles Day Online Sales Amidst Economic Uncertainty
Alibaba Group and JD.com, e-commerce giants in China, have reported robust performance during this year’s Singles Day sales, indicating growth for their respective online...
