Off the Wire
Alibaba unveils homegrown AI chip to supercharge e-commerce
Alibaba Group has unveiled its first AI inference chip, which it says will boost search, recommendation and customer service for e-commerce. Read more…
e-commerce
News
Indonesian e-commerce site Tokopedia generates record sales
Tokopedia, an Indonesian e-commerce site, generated a record $1.3 billion in gross merchandise volume during Ramadan sale, amid soaring demand. Read more…
News
Facebook buying stake in Indian e-commerce start-up Meesho
Facebook is buying a stake in Indian e-commerce start-up Meesho, looking to deepen its reach in one of the world’s biggest internet markets. Read more…
News
US adds another Chinese e-commerce site to ‘notorious’ blacklist
US has added China’s third-largest e-commerce platform to its list of “notorious markets” for violations of intellectual property rights Read more…
Views
Walmart says robot army will assist workers, not replace them
Walmart says it will add thousands more robots this year across its stores. And to hear Walmart tell it, that’s actually good news for its employees. Read more…
News
Flipkart fears customer disruption from Indian e-commerce curbs
Flipkart has told the Indian government the company faces the risk of “significant customer disruption” if new curbs for e-commerce are not delayed. Read more…
News
Snapdeal favours India e-commerce curbs
Even as India’s new e-commerce curbs sting global giants Amazon.com Inc and Walmart-owned Flipkart, their local rival Snapdeal is cheering the move. Read more…
News
India e-commerce restrictions could reduce online sales by $46bn
India’s new foreign investment restrictions for e-commerce sector, including Amazon and Flipkart, could reduce online sales by $46 billion by 2022. Read more…
News
Indonesia wants e-commerce sites to share data and pay taxes
Indonesia is bringing in new rules requiring e-commerce sellers to share data with authorities, while also stressing that they must pay taxes Read more…
News
India’s new e-commerce curbs unlikely to win over small retailers
NEW DELHI (Reuters) – India’s new curbs on e-commerce companies may not be enough to win over small store owners and traders in next year’s general election, with the key voting bloc still seething over Read more…