Amazon sets up shop in China on Alibaba platform

US online retail giant Amazon has set up shop on the business-to-consumer platform of Alibaba as it seeks a greater presence in the massive Chinese market. Amazon's storefront carries the message: "It's Day 1." Amazon and Alibaba are considered competitors in some areas but unlike the US firm the Chinese company has no product stocks of its own, simply providing a trading platform. "We welcome ...

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DTI sets expanded consumer protection law to include online shopping, e-commerce

The Department of Trade and Industry (DTI) has sought to further tighten consumer protection as it expands jurisdiction to include online shopping and e-commerce transactions as well as clothe itself with police powers to padlock violating enterprises, which will be meted with fines of up to P10 million maximum from only P300,000 under its proposed amendment to the Consumer Act. DTI ...

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Lazada sets shopping event

LAZADA.com.ph, the Philippines’ biggest online shopping mall, is staging the biggest online shopping extravaganza on Dec. 12. The...

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Cyber Monday sets a record for online sales

Surge in e-commerce highlights how the web is transforming the retail industry and Americans' shopping habits

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Black Friday fatigue sets in with more shopping online

Black Friday fatigue is setting in. Early discounting, more online shopping and a mixed economy meant fewer people shopped over Thanksgiving weekend, the National Retail Federation said Sunday.

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Alibaba sets new $9.3bn sales record in 24 hrs on China's 'Singles' Day' - RT


RT

Alibaba sets new $9.3bn sales record in 24 hrs on China's 'Singles' Day'
RT
China's e-commerce giant grossed $9.3 billion (57.1 billion yuan) in just 24 hours during “Singles' Day,” the world's largest online shopping holiday. Sales skyrocketed from the $5.75 billion set in 2013. The average sale was only worth $33.50, but ...

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China's online holiday sets record $9.3B sales

China's largest Internet retailer says it rang up more than $9 billion during the country's biggest online shopping holiday, setting a record for a single day of sales. The Singles Day holiday was invented ...

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Forget Black Friday: Alibaba's Singles Day sets online shopping record - Los Angeles Times


Forget Black Friday: Alibaba's Singles Day sets online shopping record
Los Angeles Times
Beijing mom Wang Rongrong is married, but each year she eagerly looks forward to China's “Singles Day.” After putting her 1-year-old son Momo to sleep, Wang got in front of her computer and began her four-hour countdown to China's equivalent of Black ...

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Forget Black Friday: Alibaba's Singles Day sets online shopping record

Beijing mom Wang Rongrong is married, but each year she eagerly looks forward to China’s “Singles Day.”

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Vive le online shopping: Cnova sets terms for $355 million IPO - Nasdaq


Vive le online shopping: Cnova sets terms for $355 million IPO
Nasdaq
Cnova was formed when Casino Guichard-Perrachon acquired Brazil's Nova Pontocom and consolidated its online retail subsidiaries. Cnova is the largest e-commerce company in France (50% of GMV) and the second largest e-commerce company in Brazil ...

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