Amazon India gets $3bn extra investment ahead of Alibaba arrival
Amazon is gong to spend even more money on growing its business in India, the company’s CEO Jeff Bezos has announced. That’s no surprise given that India is its fastest growth market.
Apple Pay = Apathy we’re told, but let’s give it time, not time-out
Apple Pay is struggling to gain traction outside of the US market, according to research specialist Timetric. The service launched in the US 18 months ago and has proved relatively strong there with most of its total usage of $10.9bn last year coming from Apple’s domestic market.
Indian e-tail: Growth spurts, m-commerce and Alibaba
India is turning into one of the world’s most dynamic e-commerce markets, so it’s perhaps no surprise that Alibaba is planning to get in on the act this year (more of that later). In fact, a new report says the market has been surging but will really take flight in 2016.
Alibaba’s Taobao gets serious about luxury
Alibaba’s getting serious about the quality of the goods on its platforms and wants to attract more high-end brands. How’s it going to do it? The poacher is turning gamekeeper. The e-commerce giant frequently criticised for allowing counterfeit or low quality goods onto its sites is teaming up with four third-party inspection agencies to boost…
Welcome to Cyber Sunday: E-tail will never be the same again
Cyber Monday is now Cyber Sunday. That’s official. Well, at least as far as Walmart is concerned. The company is going to launch its Cyber Monday deals a day early this year. Why? Is the retail giant-of-giants regretting pulling back from Black Friday now that the momentum is really building, or is this a logical…
Singles Day bonanza, even Frank Underwood wants in
E-commerce giant Alibaba, the company that made Singles Day the world’s biggest shopping event, broke its own record today by beating last year’s full-day total in half the time. It was helped by some heavyweight celebrity endorsement, including Kevin Spacey also in his House of Cards President Frank Underwood persona. “Here at the White House, there…
Retail trend: Singles Day 1-Black Friday 0
That’s the thing about trends. They’re like buses. You hang around waiting for one then two come along at once. So what has today yielded? First a shift in retailers’ approach to Black Friday, and second the growth of China’s Singles Day as a global event. So, Black Friday. Asda, one of the prime movers…
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