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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...
...German luxury ecommerce platform Mytheresa says it will be one of the few winners following the implosion of industry competitors including Farfetch and Matchesfashion....
...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...
...PDD Holdings overtook Alibaba in December as the most valuable domestic ecommerce group....
...That same year, Shopify’s market cap overtook that of another ecommerce rival: eBay....
...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....
...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....
...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....
...The acceleration in sales at Amazon Web Services, a critical profit driver for the ecommerce group, came as businesses spent more on cloud computing services, including new generative AI tools....
...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....
...Ecommerce groups Shopify, JD.com and Chewy, which initially thrived as online spending ballooned, have also suffered big losses....
...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...
...Fast fashion and ecommerce giant Shein has been increase its presence by launching fashion shows and its first-ever reality show in Saudi Arabia....
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