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WhatsApp adds shopping carts in fresh e-commerce push

WhatsApp adds shopping carts in fresh e-commerce push

WhatsApp on Tuesday added virtual shopping carts people can load with purchases and then use to fire off orders to businesses as the Facebook-owned messaging service pushed deeper into e-commerce.
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China's Ant considers Paytm stake sale amid tensions with India - sources

China's Ant considers Paytm stake sale amid tensions with India - sources

Chinese fintech giant Ant Group is reportedly considering selling its 30% stake in Indian digital payment processor Paytm amid tensions with India and a toughening competitive landscape.
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Uniqlo November sales edge up, gets first 'design registration' for key stores

Uniqlo November sales edge up, gets first 'design registration' for key stores

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%.
Fashion
Analysis: Battle of the billionaires: Bezos, Ambani gun for India retail supremacy

Analysis: Battle of the billionaires: Bezos, Ambani gun for India retail supremacy

Jeff Bezos and Mukesh Ambani, two of the world's richest men, face a turning point in a battle for preeminence in India's booming, nearly trillion-dollar retail market.
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Alibaba CEO says China's draft anti-monopoly rules 'timely and necessary'

Alibaba CEO says China's draft anti-monopoly rules 'timely and necessary'

China's move to draft rules aimed at preventing monopolistic behaviour by internet platforms is "timely and necessary", Alibaba Group CEO Daniel Zhang said on Monday.
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Retailers are eager to hire - if you're a digital whizz

Retailers are eager to hire - if you're a digital whizz

Even as retailers lay off hundreds of thousands of workers globally in response to the pandemic, they are seeking to capitalise on a consumer rush online.
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China's JD.com supports proposed anti-monopolistic regulations

China's JD.com supports proposed anti-monopolistic regulations

China’s e-commerce company JD.com “completely supports” anti-monopolistic regulations proposed by Chinese regulators last week, an executive said on Monday on a company earnings call.
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Alibaba's Singles Day sales top $74 billion, planned rules hit shares

Alibaba's Singles Day sales top $74 billion, planned rules hit shares

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.
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EU urges online platforms to gird for new wave of Covid consumer scams

EU urges online platforms to gird for new wave of Covid consumer scams

The European Commission on Friday urged online platforms to gird for a fresh wave of consumer scams linked to the resurgence of Covid-19 infections in Europe.
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TikTok owner ByteDance in fundraising talks that will value it at $180 billion - sources

TikTok owner ByteDance in fundraising talks that will value it at $180 billion - sources

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.
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Alibaba beats quarterly revenue estimates

Alibaba beats quarterly revenue estimates

China's Alibaba Group Holding Ltd beat estimates for quarterly revenue on Thursday, as its core e-commerce business continued to grow following China's emergence from the coronavirus lockdown.
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PayPal beats profit estimates as pandemic boosts online shopping

PayPal beats profit estimates as pandemic boosts online shopping

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.
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WhatsApp to offer in-app purchases

WhatsApp to offer in-app purchases

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.
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Is YouTube set to be the next shopping destination?

Is YouTube set to be the next shopping destination?

There is just one step between a video and a shopping cart. At least that's what YouTube hopes to convince its worldwide consumers of.
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Negotiators to push for global digital tax after pandemic, US vote stall talks

Negotiators to push for global digital tax after pandemic, US vote stall talks

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.
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TikTok's promise of 25,000 new U.S. jobs sets lofty goal

TikTok's promise of 25,000 new U.S. jobs sets lofty goal

Questions emerged after President Donald Trump agreed over the weekend to keep TikTok running in the United States for another week: how can they possibly create 25,000 new jobs in the United States?
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