India's Clothing Manufacturers Association has welcomed the clarification issued by the Department of Industrial Policy & Promotion related to e-commerce marketplace, bringing level players for all domestic retailers.
China’s Alibaba lowered its full-year sales forecast on Friday due to concerns about the economic impact of a U.S.-China trade spat, which the company expects will dent revenue ahead of its top sale season.
The CEO of Chinese online retail giant JD.com Inc, Richard Liu, was arrested in Minneapolis last week following an allegation of rape, according to a public information report released by police on Tuesday.
The billionaire CEO of Chinese e-commerce giant JD.com Inc, Richard Liu, was arrested in the U.S. state of Minnesota on suspicion of criminal sexual conduct and later released. Police said an investigation is ongoing.
Amazon has acquired the Indian all-in-one app Tapzo which groups together third party app services with a similar model to the Chinese giant WeChat, an approach that rival Flipkart has been following for a long time.
Paytm Mall, the e-commerce venture backed by China's Alibaba Group , is looking to deepen ties with regional retailers as well as partner with top online grocer BigBasket to compete with Flipkart and Amazon.