Amazon is launching "Prime Day" on 15 July – its own global shopping event that aims at offering "more deals than Black Friday", for customers in nine countries, including the US, UK, Canada, and Japan, the online marketplace announced on Monday.
Greg Greeley, vice president of Amazon Prime said in a statement that Prime Day will be "one of the biggest deals extravaganzas in the world." The retailer also promises that new deals will be "starting as often as every ten minutes" on the day.
China consumer prices picked up moderately in June, however wholesale prices remained entrenched in deflation, a sign of continued slack in the world's second largest economy.
China's consumer price index (CPI) rose 1.4 percent in June from a year earlier, beating expectations of a 1.3 percent rise predicted in a Reuters poll and following a 1.2 percent rise in May.
Indonesia's e-commerce marketplace Elevenia has denied rumours that it was behind a recent online shopping fraud case involving its competitor, Lazada.
Elevenia marketing division vice president Madeleine Ong De Guzman said on Thursday the alleged scam had nothing to do with business competition between the two companies, asserting that the incident was "incidental".
More than a quarter of online retail purchases in Australia are made on mobile devices, amounting to sales worth AUD4 billion (USD3.06b) every year, a new report has found.
The Deloitte Access Economics report shows consumers are rapidly shifting to smartphones to purchase goods online, with research showing that the portion of Australians who bought a product on their smartphone grew from 9.5 percent in 2012 to 19 per cent in 2013.
Amazon.com will launch its business loan program for small sellers later this year in eight more countries including China, where credit is becoming a key factor in competing for new vendors and grabbing market share.
Until now, the e-retailer has offered the service only in the United States and Japan. Amazon Lending, founded in 2012, now plans to offer short-term working capital loans in other countries where it operates a third-party, seller-run marketplace business, the head of Amazon Marketplace, Peter Faricy, told Reuters.
Chinese B2C e-commerce giant JD.com on Monday launched Australian Mall, a new channel on the company's JD Worldwide cross-border platform dedicated to selling authentic imported Australian products to customers in China. The company also announced cooperative agreements with Australia Post and Treasury Wine Estates as part of its Australia push.
Thailand has maintained in its position as eBay's largest market in Southeast Asia thanks to the appreciation of the US dollar and the variety of Thai products, says the world's largest e-marketplace.
The California-based e-commerce operator is gearing up to encourage Thai small and medium-sized exporters to use its marketplace to expand export opportunities, said Ekachai Rukachantarakul, head of eBay Marketing (Thailand). The company is facing stiff competition from global e-commerce players such as China's Alibaba.
Chinese e-commerce giant Alibaba Group Holding joined American retailers on Wednesday in pledging to pull down links to products displaying Confederate flag imagery in the wake of last week's mass shooting at a historic black South Carolina church.
The Confederate battle flag has become a lightning rod for outrage over the killing of nine black men and women at Emanuel African Methodist Episcopal Church in Charleston last Wednesday. Accused gunman Dylann Roof, a 21-year-old white man, is seen posing with the flag in photos posted on a website reported to be his.
Visual analytics solution provider Qlik said on Wednesday that it has teamed up with Singapore online fashion retailer Inverted Edge and Deloitte Digital, a design and development agency to launch an in-store digital shopping solution which provides customers with a personalized interactive digital shopping experience in store.
More than 40 e-commerce companies in Indonesia, including Lazada, Bukalapak and Zalora, are taking part in an online shopping event that offers big discounts during Ramadhan.
The companies are offering discounts of up to 80 percent on their merchandize, which includes attire, beauty products, food, gadgets and other wares.
The shopping event, called Lebaran Belanja Online (Lebaran Online Shopping), is also aimed at promoting online shopping.