ecommerce

China’s spending slump weighs as e-commerce giant Alibaba misses estimates

By Reuters Published Aug 19, 2024 Alibaba Group Holding missed market expectations for first-quarter revenue on Thursday (15 August), as the…

4 weeks ago

African e-commerce company Jumia completes sale of secondary shares at $99.6M

Almost two weeks ago, TechCrunch reported that African e-commerce giant Jumia was planning to sell 20 million American depositary shares…

1 month ago

Kindlife raises $8 million in series A funding round

Beauty and wellness, platform Kindlife has raised $8 million (Rs 65 crore) in its series A funding round led by…

1 month ago

EBay beats quarterly results estimates on steady demand for refurbished goods

By Reuters Published Aug 1, 2024 EBay exceeded Wall Street expectations for second-quarter revenue and profit, buoyed by robust demand…

2 months ago

Centre Bans 'Dark Patterns' On E-Commerce Platforms; Notifies Guidelines

In order to protect consumers' interest, the government has banned use of "dark patterns" on e-commerce platforms which intend to…

2 months ago

Singaporean e-commerce firm Qoo10’s Korean units face probe due to payment delays to merchants

The e-commerce market in South Korea ranks as one of the largest in the world, but it’s also proving to…

2 months ago

Eyewear brand Que makes e-commerce debut on Amazon India

Eyewear brand Que has announced its e-commerce debut and is launching on Amazon India with a special offer of a…

2 months ago

Amazon Prime Day 2024 sales hit record $14.2 billion

Amazon’s Prime Day event clocked record sales this year, as U.S. consumers spent $14.2 billion across July 16 and 17,…

2 months ago

Shopclues’ e-commerce export business eyes $100 million run rate by year end

E-commerce platform Shopclues is eyeing a $100 million run rate for its e-commerce export business by the end of the…

3 months ago

Meena Bazaar partners with Unicommerce to strengthen e-commerce operations

Meena Bazaar, a women’s ethnic wear retailer has partnered with Unicommerce to strengthen its e-commerce operations and omnichannel presence across…

3 months ago

Technology to help consumers identify e-commerce platforms’ dark patterns

The department of consumer affairs (DoCA), in association with the Indian Institute of Technology, Banaras Hindu University (IIT-BHU), is developing…

3 months ago

Fast fashion retailer Shein hikes prices ahead of IPO

By Reuters Published Jun 14, 2024 Fast fashion retailer Shein, known for its China-made $5 tops and $10 dresses, has…

3 months ago