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FOREIGN ECOMMERCE MAJORS
'The Donald of Dubai': UAE billionaire close to Trump bets $66 billion on AI to become the world's data kingUAE real estate magnate Hussain Sajwani is investing billions in data centers to capitalize on the AI boom, aiming for global leadership. H...
US says BYD, Baidu and Alibaba are aiding China's militaryAmerica has released a new list of Chinese companies it believes support Beijing's military. Major firms like Alibaba, Baidu, and BYD are i...
South Korea's KOSPI dives nearly 9% as Fed fears hammer tech stocksSouth Korea's KOSPI index plummeted nearly 9% on Monday, triggering circuit breakers, as strong U.S. jobs data fueled expectations of Feder...
Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...
AI rally: SK Hynix, Micron Technology join trillion-dollar club; Taiwan bourse overtakes India in market valueThe AI boom is fueling a surge in chipmakers like SK Hynix, Samsung, and Micron, pushing them into the $1 trillion market-cap club. This gl...
H-1B chill sets in; Flipkart doubles down on ShopsyUS demand for H-1B visas has slumped to a seven-year low amid steeper costs and Trump-era policy shifts. This and more in today’s ETtech To...
Swiggy fails to clear shareholder hurdle in bid to recast itself as Indian-owned companyIn an exchange filing on Thursday, Swiggy stated that its resolution on the Amendment of Articles of Association received 72.36 per cent vo...
Swiggy’s shareholder setback; Walmart’s Flipkart pushHappy Friday! Swiggy’s move to become an Indian-owned company hit a setback after the shareholder vote fell short. This and more in today’s...
There's more to Uber’s India data centre bet than meets the eyeUber is setting the stage for its first-ever data center in India through a strategic alliance with the Adani Group. This development not o...
India’s credit card market expands to 119 million, PSU banks gain in spendsIndia's credit card market has surpassed 119 million cards. HDFC Bank, SBI Cards, ICICI Bank, and Axis Bank dominate this sector. HDFC Bank...
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...
Acko's $250 million IPO; Infosys' market cap plungeNew-age insurer Acko will soon confidentially file draft papers for its stock market debut. This and more in today's ETtech Top 5.
Chinese proverb of the day: “When standing under someone else’s eaves, you must....” How this powerful ancient Chinese saying explains modern China’s rise— where success comes from.....Chinese proverb of the day explains modern China’s rise with striking clarity. China’s GDP jumped from $191 billion in 1980 to over $17 tri...
Lulu Group heads to Ladakh to export 1500 MT Ladakhi apricots across foreign marketsLadakh is set to export a significant amount of its famed apricots this season. A Memorandum of Understanding has been signed with Lulu Int...
India's tech hiring chills; Polymarket's IPL betHappy Tuesday! The tech sector is seeing a slowdown in hiring driven by internal cost controls. This and more in today's ETtech Morning Dis...
Oracle layoffs hit India hard; Qcomm apps print ad moneyIndia bore the brunt of Oracle’s latest global layoffs amid rising automation. This and more in today’s ETtech Top 5.
WTO faces new reality of global tradeThe World Trade Organization's 14th ministerial conference wrapped up in the wee hours Monday with no results on the key issues of agricult...
Away from Middle East war zone, many battles unfold on the tableThe WTO ministerial in Cameroon ended in deadlock, failing to extend the e-commerce moratorium and highlighting deep divisions between majo...
India signals shift on ecommerce tariff moratorium, balks at US push for permanent extensionIndia signalled it may accept a two-year extension of the WTO moratorium on tariffs for electronic transmissions, despite earlier oppositio...
Draft ecommerce policy champions India firstKey proposals include barring group cos of ecomm players from 'directly or indirectly influencing' prices.