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e-commerce

Ingrid receives $23M to expand an e-commerce delivery platform that snubs ‘free shipping’

by Edgar Davis
Ingrid receives M to expand an e-commerce delivery platform that snubs ‘free shipping’

Ingrid — a startup out of Stockholm, Sweden, not this writer (unfortunately) — has raised €21 million, or just under $23 million, to fuel the growth of a business aiming …

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Alibaba to invest US$1.1 billion in South Korea as international operations outperform domestic market

by Anas Siddiqui
Alibaba to invest US.1 billion in South Korea as international operations outperform domestic market

E-commerce giant Alibaba Group Holding plans to invest US$1.1 billion in South Korea over the next three years, according to a local media report, amid a probe by regulators into …

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Bilibili targeting more collaboration with e-commerce advertisers to drive growth at video-sharing platform

by Anas Siddiqui
Bilibili targeting more collaboration with e-commerce advertisers to drive growth at video-sharing platform

China’s video-sharing platform Bilibili has added cross-platform links to Alibaba Group Holding’s online shopping platform Taobao in the latest attempt to pull in more revenue from its 100 million daily …

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Apple to expand applied research labs in Shanghai and Shenzhen as iPhone sales weaken in world’s largest smartphone market

by Anas Siddiqui
Apple to expand applied research labs in Shanghai and Shenzhen as iPhone sales weaken in world’s largest smartphone market

Apple is enlarging its applied research operations in mainland China, as the US technology giant’s iPhone sales slow in the world’s largest smartphone market amid increased competition from Huawei Technologies …

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Alibaba pushes AI tools to merchants wanting to tap overseas markets, as competition with Temu and Shein heats up

by Anas Siddiqui
Alibaba pushes AI tools to merchants wanting to tap overseas markets, as competition with Temu and Shein heats up

Alibaba International has launched a new campaign to promote its artificial intelligence (AI) tools aimed at helping merchants to tap overseas markets on Alibaba.com, in the latest push to expand …

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South Korea probes consumer data practices of Chinese e-commerce platforms AliExpress, Temu

by Walter Watson
South Korea probes consumer data practices of Chinese e-commerce platforms AliExpress, Temu

South Korea’s personal data protection watchdog said on Thursday it is looking into consumer data practices of major overseas shopping platforms, as South Korean use of Chinese e-commerce platforms like …

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JD.com’s fourth-quarter revenue beats estimates helped by focus on lower prices

by Anas Siddiqui
JD.com’s fourth-quarter revenue beats estimates helped by focus on lower prices

JD.com reported revenue of 306.1 billion yuan (US$43.1 billion) for the fourth quarter, an increase of 3.6 per cent from the same period a year ago and above expectations, bolstered …

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Alibaba tests generative AI tools for Taobao and Tmall merchants as new tech arms race heats up China’s e-commerce sector

by Anas Siddiqui
Alibaba tests generative AI tools for Taobao and Tmall merchants as new tech arms race heats up China’s e-commerce sector

The generative AI tools provided by Huiwa, operated by Alibaba subsidiary Hangzhou Lianfan Information Technology, enable merchants to create both text and graphics content. Alibaba owns the South China Morning …

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Body Shop Canada to lay off 200 workers after parent company took its cash, court docs show

by Anas Siddiqui
Body Shop Canada to lay off 200 workers after parent company took its cash, court docs show

The Body Shop Canada Ltd. is seeking creditor protection and closing a third of its stores because its parent company stripped the Canadian arm of cash and pushed it into …

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Alibaba veteran to step down at Local Services Group as e-commerce giant proceeds with sweeping restructuring

by Anas Siddiqui
Alibaba veteran to step down at Local Services Group as e-commerce giant proceeds with sweeping restructuring

The head of Alibaba Group Holding’s Local Services Group (LSG), one of the e-commerce giant’s six business units, is stepping down amid an ongoing restructuring process. Yu Yongfu, who was …

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