Ecommerce is making China's deflation worsePinduoduo, popular among Chinese consumers for its discounts, sent "reminders" whenever other sellers dropped their prices below hers. When...
07 Oct, 2024, 11.33 PM IST
Has e-commerce boom really hampered the growth of brick-and-mortar retail?The article discusses ecommerce in India, recounting a 2014 conversation about its benefits. Piyush Goyal expressed concerns about its soci...
24 Aug, 2024, 08.43 AM IST
Wall St ends higher as Fed minutes, jobs data firm rate-cut hopesOn Wednesday, U.S. stocks saw modest gains as investors reacted to a major payroll data revision and awaited minutes from the latest Federa...
22 Aug, 2024, 07.07 AM IST
More worries for China, sales at big e-commerce festival drop for first timeThis year the shopping festival failed to stir up much excitement among shoppers, industry experts said, even as major platforms extended o...
19 Jun, 2024, 03.17 PM IST
China's Singles Day: ecommerce giants report YoY sales growthOriginally a 24-hour online shopping event held on November 11 each year in China, the 'Singles Day' festival - a nod to the digits in the ...
12 Nov, 2023, 06.15 PM IST
China's Singles Day sales festival wraps up with e-commerce giants reporting sales growthThis year marked the second time Alibaba has not disclosed the actual yuan value of its sales for its landmark festival, which this year ce...
12 Nov, 2023, 08.23 AM IST
China's Singles Day sales festival wraps up with ecommerce giants reporting sales growthOriginally a 24-hour online shopping event held on Nov. 11 each year in China, the 'Singles Day' festival - a nod to the digits in the date...
12 Nov, 2023, 08.17 AM IST
Price wars during Chinese shopping fest expose consumer woesThis year's festival is being more closely watched than ever as a gauge of consumer confidence as China flirts with deflation and has ident...
10 Nov, 2023, 05.23 PM IST
Wall Street opens higher as inflation data boosts rate-pause hopesThe S&P 500 opened higher by 2.14 points, or 0.05%, at 4,517.01, while the Nasdaq Composite gained 22.23 points, or 0.16%, to 14,041.54 at ...
31 Aug, 2023, 07.46 PM IST
Chinese ecommerce giants entice cautious consumers with steep mid-year discountsThe 618 festival, named after the founding date of JD.com but embraced by all platforms and running from late May until June 18, is a key t...
16 Jun, 2023, 08.10 AM IST
China's JD.com posts slowest growth ever in '618' shopping eventCHINA-CONSUMPTION-China's JD.com posts slowest growth ever in '618' shopping event
19 Jun, 2022, 05.47 PM IST
Alibaba’s grocery chain Freshippo considers funding at $10 billion valueThe separate fundraising raises the prospect that Alibaba may consider spinning off the chain as a separate business, unlocking some of the...
14 Jan, 2022, 10.20 AM IST
Amazon to shut down part of its Chinese e-commerce businessPulling out of Chinese e-commerce represents a setback for the company in the world’s largest retail market.
18 Apr, 2019, 01.12 PM IST
Indian goods spice up China’s Singles DayThe shopping carnival saw online markets doing business exceeding $30 billion as millions of consumers bought a wide range of goods, most o...
14 Nov, 2017, 11.03 AM IST
Single's Day sales smash records in China with USD 45 billionAlibaba Group, during its Double 11 (also called 11.11 sale), surpassed its last year's "Single's Day" sales of USD 18 billion, netting abo...
12 Nov, 2017, 03.06 PM IST
Apple pies and iPads sweeten China's dreaded TV exposeSuch is the show's impact that in recent years firms have increasingly prepared for shocks by buttering up consumers.
13 Mar, 2015, 03.30 PM IST
Shopping wars: Indian online retail is a big money gameThe Reliance group can also tout prior experience; it was an early investor in India’s first ever online retailer, Fabmart.com.
01 Aug, 2014, 06.12 AM IST