Thousands of smaller Chinese store owners are now using a supply chain app made by Alibaba Group; part of a multi-billion dollar drive to take the e-commerce giant's dominance of online shopping into physical stores.
Amazon on Wednesday launched its subscription-based Prime service in Singapore that provides access to fast shipping, streaming and gaming, intensifying competition with rival Alibaba-backed Lazada in Southeast Asia.
Cyber Monday was on track to become the biggest-ever internet shopping day in the United States as shoppers snapped up bargains on toys and electronics, with many more Americans shopping on their phones.
French retailer Auchan said on Monday it had not been approached by e-commerce giant Amazon about deals or partnerships in Europe, with speculation still rife that Amazon may be eyeing European transactions.
Wal-Mart Stores said on Monday it will offer Hudson’s Bay Co-owned department store chain Lord & Taylor dedicated space on its website, as it looks to make deeper inroads into the fast-growing online fashion business.
Alibaba, the Chinese e-commerce giant, said on Saturday its Singles’ Day sales extravaganza hit $25.4 billion, smashing its own record from last year and cementing it as the world’s biggest shopping event.
Meituan-Dianping, China's largest on-demand services provider, is considering an initial public offering in the United States as soon as next year, five people with knowledge of the matter told Reuters.