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e-commerce

Hyundai cars to be sold on Amazon starting next year

by Edgar Davis
Hyundai cars to be sold on Amazon starting next year

Amazon will begin selling Hyundai vehicles online in the US starting next year, the two companies said Thursday. Customers will be able to shop for, equip and buy a car at Amazon.com and …

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Alibaba cancels cloud unit spin-off over US AI chip curbs, posts 9% revenue growth amid China’s shaky economy

by Anas Siddiqui
Alibaba cancels cloud unit spin-off over US AI chip curbs, posts 9% revenue growth amid China’s shaky economy

Alibaba Group Holding has announced it will not proceed with a full spin-off of its cloud computing unit, as it posted 9 per cent growth in revenues in the September …

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Canadian small businesses say they feel squeezed by Amazon power ‘imbalance’ – National

by Vera Ward
Canadian small businesses say they feel squeezed by Amazon power ‘imbalance’ – National

Canadian small and medium-sized businesses that sell their products on Amazon say the e-commerce giant has created an “imbalance of power” that puts them at a disadvantage, according to a …

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TikTok seeks Indonesian e-commerce partnerships with Tokopedia, Blibli, Bukalapak after social media platform ban

by Walter Watson
TikTok seeks Indonesian e-commerce partnerships with Tokopedia, Blibli, Bukalapak after social media platform ban

TikTok has been holding talks with Indonesian e-commerce companies about possible partnerships, an Indonesian minister said on Monday, a month after Southeast Asia’s largest economy banned online shopping on social …

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Pinduoduo ranks last among China’s big e-commerce firms in sustainability, with no climate strategy revealed: Greenpeace

by Anas Siddiqui
Pinduoduo ranks last among China’s big e-commerce firms in sustainability, with no climate strategy revealed: Greenpeace

Pinduoduo, China’s second-largest e-commerce platform, performs the worst among its peers in environmental actions, lacking in strategies and disclosures on climate change, biodiversity and waste management, according to Greenpeace. Despite …

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China Big Tech firms experiment with personalised chatbots amid push to monetise generative AI technologies

by Anas Siddiqui
China Big Tech firms experiment with personalised chatbots amid push to monetise generative AI technologies

Chinese Big Tech firms are ramping up efforts to make money from consumer-facing generative artificial intelligence (AI) services in a market where OpenAI’s ChatGPT and Google’s Bard have no access. …

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Chinese consumers on the hunt for low prices, local brands on Singles’ Day shopping festival as economy shows signs of turning a corner

by Anas Siddiqui
Chinese consumers on the hunt for low prices, local brands on Singles’ Day shopping festival as economy shows signs of turning a corner

More than three-quarters of 3,000 shoppers recently surveyed by Bain & Co plan to spend less or maintain their expenditure at 2022 levels during this year’s Singles’ Day, according to …

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Alibaba’s logistics arm Cainiao will enhance its overseas presence with proposed buyout of local rival Best

by Anas Siddiqui
Alibaba’s logistics arm Cainiao will enhance its overseas presence with proposed buyout of local rival Best

The US$57 million bid to buy out local rival Best by Cainiao, Alibaba Group Holding’s logistics spin-off, ahead of a planned US$1 billion listing in Hong Kong will enhance its …

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Alibaba’s Cainiao makes buyout offer for local rival Best ahead of planned blockbuster Hong Kong IPO

by Anas Siddiqui
Alibaba’s Cainiao makes buyout offer for local rival Best ahead of planned blockbuster Hong Kong IPO

Chinese logistics company Best, which counts e-commerce titan Alibaba Group Holding among its investors, said it has received a preliminary buyout offer from a consortium including local rival Cainiao, the …

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67% of UK’s leading e-commerce giants fall short on website performance standards   

by Jane Adams
67% of UK’s leading e-commerce giants fall short on website performance standards   

Research from vshosting~, one of Europe’s leading providers of cloud and managed hosting services for e-commerce and IT businesses, today reveals a major performance gap in UK’s e-commerce landscape. While …

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