Tag: Ecommerce
Alibaba, Meituan Were a Huge Chunk Of China’s $3B Antitrust Fines
E-commerce giant Alibaba Group Holding and on-demand service platform operator Meituan together contributed 92 per cent of the antitrust fines handed out in China...
Big Tech Meets With EU Parliament To Talk eCommerce & Platforms
A delegation of the European Parliament met with executives from tech companies including Google, Meta, Apple, Airbnb, eBay, PayPal, and Uber to discuss the...
Shopify In $2.1B Deal To Buy eCommerce Firm Deliverr
Shopify has agreed to purchase eCommerce fulfillment provider Deliverr in a $2.1 billion deal that is the Canadian company’s largest to date as it...
Amazon To Compete Against Shopify With “Buy With Prime”
Amazon is making moves to boost its relationship with sellers as rival Shopify continues to expand its presence and swoop in on the eCommerce...
Shanghai Watchdog Calls In eCommerce Firms To Talk Price Gouging
Shanghai’s market regulator has summoned a dozen eCommerce firms, including food delivery platforms Meituan and eleme.me, to discuss a range of topics including allegations...
Big Data Markets and Competition Law in Asia
The sheer size of e-commerce markets in Asia and their projected growth are remarkable. South Korea’s projected e-commerce revenues in 2025, for example, are...
 Amazon Asks India To Delay New eCommerce Rules
As India’s digital commerce battle heats up, the government is investigating Amazon’s business practices and is eyeing new regulations for eCommerce companies. India’s regulators...
Chinese Regulation For Internet Firms “Necessary”: Alibaba CEO
The CEO of Alibaba Group recently commended the Chinese regulators, in their attempt to repair ties after the debut of its former financial services...
European Union Regulators Eye Antitrust Rules For eCommerce
With the boom of eCommerce both before and during the pandemic, European Union regulators are taking another look at antitrust rules regarding internet sales...
Private Equity Firm Advent To Buy 75% Stake Of UK’s Hermes...
Boston-based Advent International, a global private equity firm focused on overseas buyouts, has purchased a stake in the United Kingdom’s parcel delivery group Hermes...