Tag: Ecommerce
Russia: Alibaba Expands into Russia
Alibaba, the Chinese eCommerce giant, inked a deal Tuesday, September 11, with the Russian Direct Investment Fund and Mail.ru Group to create AliExpress Russia.
According...
China: Alibaba ties up with Russian’s eCommerce Endeavor
Alibaba is partnering with two Russian companies on an eCommerce venture as it looks to form its digital silk road across Eurasia. According to...
US: Walmart launches eBook service
Walmart announced Wednesday, August 22, the launch of its new eBook service dubbed Walmart eBooks by Rakuten Kobo, which provides customers with access to...
US: Flipkart buys voice AI startup Liv.ai
Flipkart, the Indian eCommerce player being acquired by Walmart, has acquired Liv.ai, the Bengaluru startup working on speech recognition platforms using artificial intelligence.
According to...
Italy: Amazon hit with fine over postal services
Amazon has been hit with a fine from AGCOM, Italy’s communications regulator, for providing postal services without getting approval from the government.
According to a...
India: Gov proposes to create a special group to ensure ecommerce...
India proposed to create a special group to keep tabs on any violation of its foreign direct investment policy guidelines (FDI guidelines) by online...
India: Reliance Industries to take on Walmart and Amazon
The race to be the dominating force in India eCommerce has another massive player entering the field: Billionaire Mukesh Ambani’s Reliance Industries Limited announced...
US: PayPal buys Hyperwallet
It’s a deal that hits some of the most important payment-related hotspots: Online marketplaces. Localized currencies. Global payout services. The gig economy. Expanded eCommerce...
EU: Google and Carrefour partner up
French retailer Carrefour has announced a strategic partnership with Google that will enable new distribution models and commerce experiences for shoppers in France.
The partnership...
India: Flipkart will still be board-run after Walmart deal
While Walmart has taken a majority stake in Flipkart, the company’s operating structure will remain the same: Flipkart Co-founder and Group CEO Binny Bansal...