e-commerce

Image for Zalando says differs from other online platforms, EU tech rules should not applyFinance

Zalando Says Differs From Other Online Platforms, EU Tech Rules Should Not Apply

Image for Russian e-commerce firm Ozon reports over 500% jump in 2024 earningsFinance

Russian E-Commerce Firm Ozon Reports Over 500% Jump in 2024 Earnings

Image for PostNL to revamp parcels business strategy to cope with sluggish growthFinance

PostNL to Revamp Parcels Business Strategy to Cope With Sluggish Growth

Image for Alibaba shares open at three year-high as quarterly revenue reboundsFinance

Alibaba Shares Open at Three Year-High as Quarterly Revenue Rebounds

Image for EU to make Temu, Shein and Amazon liable for 'unsafe' goods, FT reports

EU to Make Temu, Shein and Amazon Liable for 'unsafe' Goods, Ft Reports

Date: February 1, 2025

(Reuters) - The European Union is planning to make e-commerce platforms such as Temu, Shein and Amazon Marketplace liable for dangerous or illegal products sold online, the Financial Times reported on...

Image for South Korea’s Shinsegae to set up joint venture with Alibaba International

South Korea’s Shinsegae to Set up Joint Venture With Alibaba International

Date: December 26, 2024

By Joyce Lee and Hyunjoo Jin SEOUL (Reuters) -South Korean retailer Shinsegae plans to set up a joint venture with Alibaba International, Shinsegae affiliate E-Mart said on Thursday. The joint venture will be formed partly by Shinsegae investing its 100% stake in South Korean e-commerce platform Gmarket, it said in a regulatory filing. AliExpress Korea...

Image for South Korea’s Shinsegae to set up joint venture with Alibaba International

South Korea’s Shinsegae to Set up Joint Venture With Alibaba International

Date: December 26, 2024

By Joyce Lee and Hyunjoo Jin SEOUL (Reuters) -South Korean retailer Shinsegae plans to set up a joint venture with Alibaba International, Shinsegae affiliate E-Mart said on Thursday. The joint venture will be formed partly by Shinsegae investing its 100% stake in South Korean e-commerce platform Gmarket, it said in a regulatory filing. AliExpress Korea...

Image for Alibaba nears $4 billion JV deal with S.Korea’s E-Mart, Bloomberg News reports

Alibaba Nears $4 Billion Jv Deal With S.Korea’s E-Mart, Bloomberg News Reports

Date: December 26, 2024

(Reuters) -Alibaba Group is nearing a deal to merge its South Korean operations with E-Mart’s e-commerce platform in a transaction that would value the new joint venture at about $4 billion, Bloomberg News reported on Thursday. The companies are finalizing details of the deal, which could be announced as soon as this week, the report...

Image for Prosus nearly doubles profit in H1 on strong e-commerce, Tencent growth

Prosus Nearly Doubles Profit in H1 on Strong E-Commerce, Tencent Growth

Date: December 2, 2024

JOHANNESBURG (Reuters) – Dutch technology investor Prosus NV reported on Monday an 89.5% jump in core headline earnings during its half year, driven by accelerated growth and improved profitability of its e-commerce businesses and China’s Tencent. Prosus, majority-owned by South Africa’s Naspers, said core headline earnings per share (HEPS) from continuing operations rose to 144...

Image for Juice Ranked Number 28 Fastest Growing Technology Company in the UK in the 2024 Deloitte Technology Fast 50

Juice Ranked Number 28 Fastest Growing Technology Company in the UK in the 2024 Deloitte Technology Fast 50

Date: November 20, 2024

Juice attributes its 945 per cent revenue growth to tailored funding solutions for e-commerce businesses using AI and real-time data for faster access to capital. London, 14th November — Juice today announced that it ranked number 28 in the 2024 Deloitte UK Technology Fast 50, a ranking of the 50 fastest-growing technology companies in the...