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The Latest Breaking News from e-commerce

Retail e-commerce to hit B4tn in 2025

Thailand's retail e-commerce market is expected to reach 4 trillion baht in 2025, up from 817 billion this year, while online sales through virtual space, known as meta-commerce, is tipped to be a future trend, says Kulthirath Pakawachkrilers, newly appointed president of the Thai e-Commerce Association (Theca).

Chinese behemoth Pinduoduo to take on Amazon in US – with even worse labor practices

Chinese behemoth Pinduoduo to take on Amazon in US – with even worse labor practices

One of the world’s biggest e-commerce companies is known for rock-bottom prices – and allegedly brutal conditions

The Guardian - US

TikTok Stars Boycott Amazon in Activism Push

TikTok Stars Boycott Amazon in Activism Push

TikTok influencers boasting collectively more than 51 million followers say they won't work with Amazon until the e-commerce colossus delivers key concessions to workers and halts anti-union efforts. It's the latest example of creators lending their online stage to a cause on the massively growing platform more known for dance…

Asharq Al-Awsat

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Hub Group Acquires Fulfillment Solutions Provider Tagg Logistics

Hub Group, a provider of transportation and logistics management solutions, on Monday announced that it acquired e-commerce, business-to-business and omnichannel fulfillment company Tagg Logistics for $103 million in cash.

GigaCloud Joins Wall Street Parade of China Meme Stocks

Key Takeaways: GigaCloud’s shares quadrupled in their New York trading debut, as the company became the latest newly listed Chinese stock in the U.S. to post massive early gains

Gulf E-commerce Company Noon to Buy Fashion Venture Namshi

Dubai's Emaar Properties said on Saturday it is selling fashion e-commerce venture Namshi to Noon, an e-commerce company backed by Dubai billionaire Mohamed Alabbar and Saudi Arabian sovereign fund the Public Investment Fund (PIF). Emaar said in a bourse filing its board has in principle approved the sale, which values…

Asharq Al-Awsat

Secoo's Online Luxury Dream Ends in Bankruptcy, Sea of Discontent

Key Takeaways: Online luxury goods reseller Secoo has filed for bankruptcy after its business stumbled under Covid-related disruptions and internal missteps Company’s Nasdaq-listed shares now trade at around $0.24, a fraction of the $13 they sold for in better times at its 2017 IPO By Shirley Lau

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LINE Shopping gears up to attract more merchants

LINE Shopping gears up to attract more merchants

LINE Thailand is gearing up to attract sellers to its e-commerce platform Line Shopping to strengthen its leading position in social commerce amid intensifying competition with short-video platform TikTok recently joining the fray.

Car Buying Is Undergoing A Digital Revolution

Car Buying Is Undergoing A Digital Revolution

How we buy and sell average cars is changing dramatically and rapidly, and e-commerce is coming for luxury and supercars next.

H&M Returns to Alibaba’s Tmall, 16 Months After Xinjiang Controversy

H&M Returns to Alibaba’s Tmall, 16 Months After Xinjiang Controversy

Swedish fashion giant H&M's (HMb.ST) official store on Alibaba's (9988.HK) Tmall e-commerce platform has re-opened, 16 months after the Chinese site took it down following the brand's criticisms of human rights abuses in Xinjiang. The re-opening was first noticed by Chinese netizens and confirmed by a Reuters search of the…

Asharq Al-Awsat

Qantas Converting More Aircraft For Freight To Meet E-Commerce Demand

Qantas Converting More Aircraft For Freight To Meet E-Commerce Demand

Australian flag carrier Qantas said Monday it will procure six Airbus A321 standard aircraft and convert them to freighters as replacements for smaller, older Boeing cargo jets to keep pace with the huge upswing in cargo volumes powered by e-commerce.

Urbanite favourite HelloFresh delivers revenue boost

Urbanite favourite HelloFresh delivers revenue boost

German business said it had defied ‘e-commerce trends’ despite economic ‘challenges’

Evening Standard

Ferragamo Partners with Farfetch to Grow Online, Reach Younger Shoppers

Ferragamo Partners with Farfetch to Grow Online, Reach Younger Shoppers

Italian fashion house Salvatore Ferragamo said on Thursday it had struck a partnership with online luxury shopping retailer Farfetch to expand its digital presence, targeting younger shoppers. Ferragamo said it would use Farfetch's platform for its e-commerce and look to engage with a global Millennial and Gen Z luxury audience.…

Asharq Al-Awsat

Could cargo bike deliveries help green e-commerce?

Could cargo bike deliveries help green e-commerce?

As the world moves toward decarbonization, every option for slashing humanity’s carbon footprint must be on the table. As it stands, transport represents almost a quarter of Europe’s greenhouse gas (GHG) emissions, with the rise of e-commerce and on-demand, express deliveries worsening matters further.

The Conversation

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GXO Logistics Continues To Write New Chapters In Its Evolving Story

On Oct. 12, 2021, GXO Logistics Chief Investment Officer Mark Manduca laid out the argument for why the Greenwich, Connecticut-based firm represented a new breed of logistics company."This is a hard business to wrap your head around. There is no company out there that is scalable contract logistics," he told…

Sellers unfazed as Facebook scraps live shopping feature

A decision by Facebook to scrap its live shopping feature in October is unlikely to take a heavy toll on e-commerce in Thailand where sellers have not significantly counted on this function for their sales, according to industry pundits.

The Times of India

Mumbai: Advocate duped of Rs 1 lakh by man posing as delivery boy

MUMBAI: A 41-year-old lawyer who had ordered a home appliance on an e-commerce portal was duped of Rs 1.57 lakh by a cyberfraudster posing as a deliveryman from the e-commerce company. Malwani police have registered an FIR under the IPC and Information Technology Act and are looking for the fraudster.

The Times of India

Mumbai delivery boy dies in hit-&-run

MUMBAI: A 25-year-old e-commerce delivery boy was killed in a hit-and-run on Malad Link Road when a speeding dumper rammed into his motorcycle recently.

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The Times of India

Mumbai: Two delivery boys held for replacing new items

MUMBAI: Two employees of a company that delivered e-commerce products have been arrested for switching brand new goods with used products.

Addressing the challenges in new-age digital commerce

Online Dispute Resolution, or ODR, can help mitigate litigation risk and provide insights into consumer problems

Is Shopify Stock a Bargain at Its Current Levels?

E-commerce company Shopify’s (SHOP) recent acquisition is expected to boost its operating capability. However, on the other hand, the company is planning to lay off 10% of its employees, citing the ongoing macroeconomic headwinds. So, is SHOP a good bargain now? Let’s find out….

Amazon Is Buying iRobot. How Does It Rank Against The E-commerce Giant's Other Big Acquisitions?

The company most known for its Roomba robot vacuum, iRobot Corporation (NASDAQ: IRBT), will be acquired by Amazon.com, Inc (NASDAQ: AMZN) for $1.7 billion as the largest e-commerce corporation in the wo

Is Amazon Stock a Buy Despite Recent Growth Headwinds?

E-commerce giant Amazon (AMZN) reported stable top-line growth in the latest earnings release and registered solid gains over the past month. However, given its premium valuation and unstable macroeconomic conditions, is it worth owning the stock now? Let’s find out.

Tribune News Service

Amazon to buy Roomba-maker IRobot for $1.65 billion

Amazon.com Inc. said it would buy IRobot Corp., maker of the Roomba vacuum, for $1.65 billion as the e-commerce giant continues its push into internet-connected home devices and robotics.

Ozon sees no significant risks to operations after warehouse fire

Russian e-commerce company Ozon said on Thursday it was still assessing the economic damage from a huge fire at its warehouse near Moscow, but that there were no significant risks to its liquidity and operational activities.

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