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The Latest Breaking News from e-commerce

‘Era Has Passed’ as Beijing Subway Drops Mandatory COVID Mask Rule

Beijing's subway has dropped mandatory mask requirements for travellers, local media reported on Sunday, days after a Chinese health expert said the threat of COVID-19 to humans is no longer at a serious level. The mask move is in line with broader measures by China, which said last week it…

Asharq Al-Awsat

Amazon, state agency launch scheme

Amazon Global Selling and the Department of International Trade Promotion (DITP) plan to elevate their collaboration to further promote Thai brands through global e-commerce, aiming to push the sector's value to 664 billion baht by 2027.

Bangkok Post

As the west tries to limit TikTok’s reach, what about China’s other apps?

With government concerns over national security growing, Beijing’s influence over platforms such as WeChat and Shein could come under scrutiny

The Guardian - UK

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Walmart bets on warehouse robots, dangles profit potential

Walmart Inc. is betting on greater supply-chain automation and hinting that a recent investment binge might lift profit beyond the retailer’s stated long-term goals.

Tribune News Service

Weekly Must-Read: Alibaba Splits Into Six Business Units in Biggest Overhaul

The $220 billion e-commerce colossus will become a holding company and grant management and financing independence to the new enterprises

Caixin Global

3 Of the Strongest Stocks in A Booming Industry

The Fed’s consecutive rate hikes to control inflation raises the odds of a recession. Despite various macroeconomic headwinds, the Grocery/Big-box Retailers industry has been booming due to the inelastic demand for its products. Given the industry’s defensive nature, it could be wise to invest in top big-box retailer stocks Walmart…

StockNews.com

Hypotenuse.AI review

Hypotenuse is a powerful AI writing tool that is geared toward e-commerce and social media content creation.

TechRadar

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China e-commerce giant Alibaba outlines future strategy

The CEO of Chinese e-commerce and financial giant Alibaba says the company is moving toward giving up control of some of its business units in a transition toward becoming a capital operator to unlock the value of its sprawling businesses

The Independent UK

Forum calls for upgrades to cross-border payment systems

Thailand's cross-border e-commerce still has great potential for growth, but improvements in payment systems and one-stop services need to be accelerated.

Bangkok Post

3 Stocks Better Than Amazon

E-commerce giant Amazon (AMZN) lost more than 40% over the past year. The company reported disappointing financials for fiscal 2022 and is expected to remain under pressure this year due to economic headwinds. Therefore, fundamentally strong internet stocks Expedia Group (EXPE), Yelp (YELP), and Data Storage (DTST) might be better…

StockNews.com

Alibaba to split into six units

Alibaba Group Holding Ltd has announced plans to split its $220-billion business into six main units encompassing e-commerce, media and the cloud, each of which will explore fundraising or an initial public offering (IPO) when the time is right.

Bangkok Post

Lazada chief sets out growth plans for Thailand

We want to be "customer obsessed" rather than "competition obsessed", according to the priority outlined by Lazada Thailand chief executive Werapong Goo.

Bangkok Post

Android users warned over 'dangerous' app and urged to delete it immediately

Google has issued a warning about the Chinese e-commerce app Pinduoduo as it's no longer available to download from the Play Store.

Daily Record

Google urges anyone with an Android phone to immediately uninstall app

Chinese e-commerce app Pinduoduo is no longer available via the Google Play Store

Manchester Evening News

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Asharq Al-Awsat

Google Suspends China's Pinduoduo App Due to Malware Issues

Alphabet Inc's Google suspended the Play version of PDD Holdings Inc's Pinduoduo app after malware issues were found on the Chinese platform, a Google spokesperson said on Tuesday. "The Off-Play versions of the e-commerce app that have been found to contain malware have been enforced on via Google Play Protect,"…

Evening Standard

Amazon lays off another 9,000 employees to cut costs

Amazon is to let go of another 9,000 employees worldwide as the e-commerce giant ramps up its cost-cutting measures. #The announcement was made to employees of the firm in a note by CEO Andy Jassy, who said workers in the Amazon Web Services, human resources, advertising and Twitch units would…

Bangkok Post

Sector enters the next phase

Thailand's e-commerce landscape is entering the next stage where major e-marketplace players are introducing innovative features to woo customers instead of focusing on price wars, while social commerce is strengthening in a bid to capture buyers.

Birmingham Post

Entrepreneur is riding high with e-commerce start up Equestrian Rose

Laura Rose is also creating her own collection of riding wear called Equestrian Rose Ltd Apparel

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Caixin Global

Weekly Must-Read: TikTok’s Chinese Twin Is Taking On Alibaba and Meituan for E-Commerce Market Share

Like ByteDance’s TikTok, the Douyin video sharing app deploys live-streaming in the competition for consumers in the online marketplace

Bangkok Post

Carsome shifts into used EV market

Carsome Thailand, a used car e-commerce platform service provider, aims to be a leader in the sale of used electric vehicles (EVs) by 2025, with Thailand set to be a pilot country for this EV market.

Bangkok Post

Thailand, China launch joint training program for e-commerce talents

CHIANG MAI: Thailand and China jointly launched a training program on Monday at Thailand's Chiang Mai University to sharpen e-commerce skills among vocational school students in the Southeast Asian country.

Bangkok Post

Shopee parent posts first-ever profit

SIGNAPORE: Sea Ltd has reported its first-ever profit, a milestone in its turnaround effort as the Southeast Asian gaming and e-commerce giant seeks to convince investors of its money-making potential.

Birmingham Post

Online marketplace OnBuy ranked Europe’s fastest growing e-commerce firm

The Bournemouth-based business has reported a more than 3,000% rise in revenue since 2018

StockNews.com

3 Chinese Stocks That Could Be Big Winners This Year

While it could be a good idea to invest in resurgent China that is prioritizing economic growth, the prospects of Alibaba (BABA) don’t seem certain enough. Hence, growing Chinese stocks Hello Group (MOMO), China Automotive Systems (CAAS), and Tarena International (TEDU) could be better bets instead. Continue reading….

Bangkok Post

Lazada ups presence with features, services

Thailand's e-marketplace landscape remains highly competitive, despite the planned closure tomorrow of JD Central -- the sector's third-largest player.

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