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...Luxury online retailer Mytheresa is among potential bidders to buy lossmaking ecommerce business Yoox Net-a-Porter from Swiss luxury group Richemont....
...Amazon’s $1bn industrial innovation fund is to step up investments in companies that combine artificial intelligence and robotics, as the ecommerce giant seeks to drive efficiencies across its logistics...
...In “Ecommerce tariffs will kick in from 2026, says WTO chief” (Report, March 27) Andy Bounds reports on the decision of World Trade Organization ministers to end the moratorium on customs duties on electronic...
...Matches also still has Aligheri stock in its warehouse, which Mahtani is now unlikely to recover, but which is continuing to be sold on the ecommerce site....
...PDD Holdings overtook Alibaba in December as the most valuable domestic ecommerce group....
...Luxury ecommerce has always had its sceptics. “A lot of online sites are losing money....
...Okonjo-Iweala stressed that most governments would continue to exempt ecommerce duties even after 2026....
...World Trade Organization members clinched a deal on Friday night to continue to exempt ecommerce from tariffs for another two years after India and South Africa dropped their opposition following five days...
...The problem is that the attributes that make Amazon stand out in ecommerce, including low prices and a vast product range, do not apply to the company’s physical stores....
...The ecommerce firm’s “shop like a billionaire” ad campaign to promote its online flea market was ubiquitous....
...Chinese sites account for only about 2 per cent of South Korea’s ecommerce market in terms of gross merchandise value, according to Nomura estimates....
...Piyush Goyal, India’s commerce minister, had argued that the ecommerce moratorium favoured big tech companies and prevented competitors in developing countries from growing....
...The ecommerce group, which owns the Pinduoduo marketplace, launched Temu in the US in September 2022 before expanding it to Europe and Asia....
...Amazon’s online pharmacy business is benefiting from the frenzied demand for anti-obesity drugs among Americans, according to the division’s head, in a boost to ecommerce giant’s bid to disrupt the $4tn...
...Online sellers are the lifeblood of any ecommerce platform....
...Alibaba chief executive Eddie Yongming Wu has taken over as head of the ecommerce business unit, a shakeup that comes as the online giant has been losing market share to PDD Holdings and ByteDance’s Douyin...
...Chinese ecommerce company JD.com has said it is considering an offer for UK electronics retailer Currys, setting up an unlikely bidding war after the London-listed group rejected a bid from Elliott Management...
...One of the online retailers main backers, Swiss luxury group Richemont, said it had no plans to invest in the ecommerce group....
...“Europe’s ecommerce sector has not consolidated in the way it has in the US,” says Helioui....
...TikTok will combine its Indonesian ecommerce business with a unit of Jakarta-listed technology group GoTo, the companies said on Monday, after it was forced to suspend its Indonesian business under new government...
...Many were taken by surprise; the chief executive of Canadian ecommerce giant Shopify was one of many to admit misjudging the growth of ecommerce as he announced redundancies in 2022....
...Millions of accounts on the leading ecommerce platform have been prevented from engaging in sales for alleged violations of Amazon’s broad range of policies and other bad behaviour....
...Alibaba-owned Lazada, another ecommerce business in south-east Asia, is also competing heavily with Tokopedia in Indonesia....
...High-profile investors including Kering owner François-Henri Pinault and Chinese ecommerce giant JD.com bought in....
...On Wednesday, the group announced Wu was replacing longstanding executive Trudy Dai as chief executive of the Taobao and Tmall ecommerce platforms....
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