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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…
e-commerce
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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…
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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…
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India will ban e-commerce companies under new rules
NEW DELHI/MUMBAI (Reuters) – India will ban e-commerce companies such as Amazon.com and Walmart-owned Flipkart Group from selling products from companies in which they have an equity interest. In a statement, the government also said Read more…
Off the Wire
E-commerce is finding a new normal amidst global uncertainties
PayPal recently held an Industry Roundtable: Commerce without Borders, in conjunction with unveiling the findings of PayPal’s Cross-Border Trade Consumer Research 2018. Dr. Rohan Mahadevan, Senior Vice President, International Markets, PayPal, Prof. Annie Koh, Vice Read more…
Off the Wire
Online payment fraud to more than double by 2023: report
Annual online payment fraud losses from e-commerce, airline ticketing, money transfer and banking services will reach $48 billion by 2023; up from the $22 billion in losses projected for 2018, according to a new report Read more…
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SEA internet economy to top $240b by 2025: study
SINGAPORE (Reuters) – Southeast Asia’s internet economy is expected to exceed $240 billion by 2025, a joint study by Google and Temasek Holdings showed, a fifth more than previously estimated, as more consumers use their Read more…
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These are the big trends driving SEA e-commerce in 2019
The e-commerce market of Southeast Asia is substantial, and still developing at a rapid pace. The number of internet users in the region hit 370 million in January this year, and the online economy is Read more…
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Alibaba rakes in $30b for Singles Day. Now the bad news …
SHANGHAI (Reuters) – Chinese e-commerce giant Alibaba Group cashed a record 213.5 billion yuan ($30.70 billion) in sales on Sunday during its 24-hour online retail frenzy Singles’ Day, but the event’s annual growth dropped to Read more…
Off the Wire
Digital commerce players are loving the AI: survey
Use of artificial intelligence (AI) in digital commerce is generally considered a success, according to the majority of respondents in a new Gartner survey. The survey – which covers over 300 digital commerce organizations in Read more…