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Alibaba to exceed planned AI spending and says margin is secondaryAlibaba plans to spend more than its projected 380 billion yuan on Artificial Intelligence over three years. The company reported quarterly...
Price shocks from the Iran war power solar sales in energy-hungry AsiaIran war news: Soaring fuel prices due to the Iran war are pushing consumers in Asia towards rooftop solar power. In the Philippines, insta...
Alibaba to integrate Qwen AI with Taobao, launch agentic shopping, source saysAlibaba is set to launch a new way to shop. Its AI platform Qwen will connect with Taobao. Consumers can chat with the AI to find and buy p...
French regulator says most e-commerce platform products it tested breach EU rulesFrance's consumer watchdog found a staggering 75% of products from online platforms failed EU safety rules. Many items were found to be dan...
UK sanctions Cambodia-based scam centre and crypto platformBritain has imposed sanctions on operators of a massive fraud compound in Cambodia and an online crypto marketplace. These entities are acc...
EU says Temu in breach of rules to prevent sale of illegal productsThe European Commission has accused Temu of violating EU regulations by failing to adequately prevent the sale of illegal products on its p...
Amazon asks court to scrap EU tech label, arguing it poses no systemic risksAmazon urged the EU’s General Court to annul its VLOP status under the Digital Services Act, arguing its marketplace poses no systemic risk...
Chinese shopping app Temu suspended in VietnamTemu, a Chinese shopping app, has suspended services in Vietnam after failing to register with authorities. Concerns arose over extremely l...
'India needs to took at Chinese e-commerce for effective taxation and integrating rural economy'Arun Kumar, speaking at a book launch in Delhi, said that "India needs to follow the Chinese model of e-commerce. They were implemented in ...
Alibaba to hike stake in Paytm's marketplace for $177 millionShareholding of Alibaba with payments affiliate Alipay to go over 60% in Paytm E-commerce, which will compete with Amazon India and Flipkar...
Alibaba will put its technology to test on Olympian stageThe Chinese Internet firm will provide online computing services and data analytics for the sporting contest, while creating a marketplace ...
Flipkart ups the ante against Amazon, sells discounted OnePlus devicesExclusive tie-ups by brands provide online marketplaces with revenue from sales by cutting out traditional distributors as well as advertis...
Alibaba ramps up B2B commerce play in India to aid sellers on its platformAlibaba is partnering with DHL and Delhivery for providing domestic and international logistics support to Indian sellers.
Paytm parent incorporates separate entity for online retail businessET had reported earlier that Paytm will spin off its marketplace to allow China’s Alibaba Group, an investor in One97, a direct presence in...
Snapdeal may tap Chinese firms, SWFs to raise money for FreeCharge“We are getting a lot of interest from sovereign funds and some Chinese investors,” Snapdeal CEO Kunal Bahl told ET.
Snapdeal-owned Unicommerce stole business data: PaytmMany sellers on Paytm's platform use Unicommerce for managing orders and inventory across multiple marketplaces and carts.
Paytm mulls launching Alitrip-like travel marketplacePaytm is planning to launch a travel marketplace on the lines of Alitrip, the travel marketplace run by Chinese e-commerce company Alibaba ...