eCommerce

Shein Profits Drop 70 PercentShein Profits Drop 70 Percent

Shein Profits Drop 70 Percent

Direct-from-China e-commerce firm sees profits plummet 70 percent in first half of 2024 amidst stiff competition from Temu, as it…

5 months ago
Amazon Antitrust Case Gets Go-Ahead In US CourtAmazon Antitrust Case Gets Go-Ahead In US Court

Amazon Antitrust Case Gets Go-Ahead In US Court

US federal judge says FTC and 18 states may proceed with landmark Amazon antitrust case, while dismissing some state charges

6 months ago
Silicon UK In Focus Podcast: The State of E-commerceSilicon UK In Focus Podcast: The State of E-commerce

Silicon UK In Focus Podcast: The State of E-commerce

Explore the latest trends in E-commerce with the Silicon UK In Focus Podcast. Discover how personalisation, AI, data quality, and…

6 months ago
Google Must Pay €2.4bn Fine, EU Court RulesGoogle Must Pay €2.4bn Fine, EU Court Rules

Google Must Pay €2.4bn Fine, EU Court Rules

Appeal thrown out. Google must pay European Commission's €2.4bn fine for abuse of shopping comparison service, top EU court rules

7 months ago
Customers Flock To Shein South Africa Pop-Up StoreCustomers Flock To Shein South Africa Pop-Up Store

Customers Flock To Shein South Africa Pop-Up Store

Chinese-founded online retailer Shein sees strong demand at first pop-up store in South Africa as it faces criticism from authorities

8 months ago
Amazon Shares Plummet On Slowing SalesAmazon Shares Plummet On Slowing Sales

Amazon Shares Plummet On Slowing Sales

Amazon shares sink after it reports slowing sales amidst consumer bargain-hunting and competition from China's Temu and Shein

8 months ago
South Korea To Support Businesses Amidst E-Commerce CrisisSouth Korea To Support Businesses Amidst E-Commerce Crisis

South Korea To Support Businesses Amidst E-Commerce Crisis

South Korean government to support small-business vendors on Qoo10-owned e-commerce platforms amidst payment chaos

8 months ago
Amazon Faces Double Tax Fraud Probes In ItalyAmazon Faces Double Tax Fraud Probes In Italy

Amazon Faces Double Tax Fraud Probes In Italy

Italian authorities investigate Amazon in second tax-evasion case after seizing 121m euros from Milan unit last week

8 months ago
Amazon Workers In Coventry Fail To Form UnionAmazon Workers In Coventry Fail To Form Union

Amazon Workers In Coventry Fail To Form Union

Amazon workers in Coventry lose union recognition ballot by just a handful of votes, amid allegations from the GMB

9 months ago
Bitcoin ‘Creator’ Craig Wright Admits He Is Not Satoshi NakamotoBitcoin ‘Creator’ Craig Wright Admits He Is Not Satoshi Nakamoto

Bitcoin ‘Creator’ Craig Wright Admits He Is Not Satoshi Nakamoto

Australian computer scientist Craig Wright referred to Crown Prosecution Service (CPS) to be considered for perjury charges

9 months ago
EU Accepts Apple’s Legal Commitments To Open NFC AccessEU Accepts Apple’s Legal Commitments To Open NFC Access

EU Accepts Apple’s Legal Commitments To Open NFC Access

Legal commitment over Apple's NFC-based mobile payments system, which is to be opened to rival payment operators

9 months ago
Amazon To Discontinue Astro Security RobotAmazon To Discontinue Astro Security Robot

Amazon To Discontinue Astro Security Robot

End of the line for Amazon's Astro security guard robot for businesses, which will be bricked in September this year

9 months ago
Russia’s Central Bank Tells Businesses To Use Crypto To Avoid SanctionsRussia’s Central Bank Tells Businesses To Use Crypto To Avoid Sanctions

Russia’s Central Bank Tells Businesses To Use Crypto To Avoid Sanctions

Sanctions busting. Russian businesses told to use cryptocurrencies and other digital options to make payments with foreign customers

9 months ago
Jeff Bezos To Sell $5 Billion Worth Of Amazon SharesJeff Bezos To Sell $5 Billion Worth Of Amazon Shares

Jeff Bezos To Sell $5 Billion Worth Of Amazon Shares

Needs to buy more yachts? After Amazon stock hits record high, founder Jeff Bezos to offload huge tranche of shares

9 months ago
EU Proposes Import Duties On China’s Temu, Shein, AliExpress – ReportEU Proposes Import Duties On China’s Temu, Shein, AliExpress – Report

EU Proposes Import Duties On China’s Temu, Shein, AliExpress – Report

European Union is reportedly drawing up plans to impose custom duties on a number of Chinese online retailers

9 months ago

Microsoft Shutters China Retail Stores

Microsoft reportedly shuts down all branded retail stores on Chinese mainland, four years after similar move internationally

9 months ago

Amazon Finally Breaches $2 Trillion Valuation

Long time coming. Amazon has reached a $2 trillion market capitalisation - six years after it passed a $1 trillion…

9 months ago

China-Linked Shein Faces Uphill Battle For IPO In US Or UK

China-founded fast-fashion company Shein faces political resistance in search for IPO venue, as major investors grow impatient

9 months ago

Amazon Mulls $5 Monthly Charge For AI Alexa – Report

“Desperate attempt” to monetise service. AI upgrade of Amazon's Alexa voice assistant will entail a monthly $5 or even $10…

9 months ago

Apple Drops ‘Buy Now, Pay Later’ Service

Apple sunsets its buy now, pay later service known as 'Apple Pay Later', and will rely on established third-party players

10 months ago

Tencent To Ban AI Avatars From Livestream Commerce

Chinese tech giant Tencent to ban AI hosts from livestream video platform as it looks to stem flow of low-quality…

10 months ago

Japan Passes Law To Allow Third Party App Stores, Payments

Copy of EU's DMA? Japan passes law that will require Apple and Google to open up their respective ecosystems

10 months ago

UK Retailers Sue Amazon For £1bn Claiming Data Misuse

Independent retailers sue Amazon for £1bn in biggest-ever UK retail case alleging company misused their data to launch rival products

10 months ago

Amazon’s First Trade Union Seeks Association With Largest US Union

The Amazon Labor Union has moved to affiliation with the Teamsters union - one of the largest unions in America

10 months ago

Amazon Given FAA Clearance To Expand Drone Deliveries

US aviation regulator grants approval for Amazon to expand its drone delivery service beyond 'visual line of sight'

10 months ago

Google Invests $350m In India’s Flipkart

Google becomes minority shareholder in Walmart-owned Amazon competitor Flipkart as it progresses investment plans in India

10 months ago

Amazon To Refresh Alexa With AI, Charge Monthly Subscription – Report

Alexa voice assistant to be upgraded with AI capabilities, and users charged a monthly fee not included in Prime, report…

10 months ago

Business Intelligence: Next-Generation Data Analytics

Explore how cutting-edge technologies are reshaping decision-making, driving innovation, and propelling businesses into the data-driven era. Discover how advanced technologies…

11 months ago

Shein Subject To Most Stringent EU Digital Rules

Quick-growing fast-fashion company Shein must comply with most stringent level of EU digital rules after it passes key threshold

11 months ago

Google Begins Removal Of California News Ahead Of Proposed Law

Consequences of Assembly Bill 886. Google begins removing California news websites from some search results

12 months ago