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…
e-commerce
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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…
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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…
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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…
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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…
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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…