November was a fairly lukewarm month for Uniqlo chain in its domestic market, but at least Japanese sales didn't fall. In fact comparable sales, including online, were up 0.5% year-on-year, while total sales rose 0.8%.
Alibaba sales for its post-COVID-19 Singles' Day shopping extravaganza hit $74 billion, a haul that was overshadowed by a 10% drop in its shares after China published draft anti-trust rules aimed at internet platforms.
TikTok-owner ByteDance is in early talks to raise a new round of financing that will value it at $180 billion (138.14 billion pounds) after the investment, according to two people familiar with the matter.
E-commerce payments processor PayPal Holdings Inc beat Wall Street estimates for quarterly revenue and profit on Monday, driven by a surge in online spending from consumers staying at home due to the Covid-19 pandemic.
The WhatsApp messaging app will start to offer in-app purchases and hosting services, as owner Facebook Inc moves to boost revenue from the app while knitting together e-commerce infrastructure across the company.
Negotiators from nearly 140 countries will ask Washington this week to reaffirm political support for global rules to tax digital giants after the coronavirus and looming U.S. elections stalled the process.