HANOI (Reuters) – Vietnam is aiming for double-digit annual growth in the turnover of e-commerce over the next five years, forecasting that sales in the sector could be worth $35 billion by 2025 in the Southeast Asian country. More than half of Vietnam’s 96 mi... More »
NEW DELHI (Reuters) – Amazon and Walmart’s Flipkart are among online retailers demanding that India scale back a proposed tax on third-party sellers on their platforms, saying the burden of compliance will hurt the fledgling industry, according to documents se... More »
NEW YORK (Reuters) – First the bad news for your wallet: Americans are slated to spend more than they ever have this holiday season – around $730 billion in November and December, according to the National Retail Federation. Online shopping alone is expected t... More »
NEW DELHI (Reuters) – The Indian government is looking into whether hefty discounts offered on Walmart-owned Flipkart and Amazon.com during their online festive sales violate foreign investment rules, a commerce ministry official told Reuters. India introduced... More »
NEW DELHI (Reuters) – Amazon.com (AMZN.O) defended its business strategies in India as it came under fire from a local trader group on Friday over discounted products on the global e-commerce giant’s website. New e-commerce foreign investment rules that took e... More »
SATUN, Thailand (Reuters) – The son of a Thai fisherman, Anurak Saruethai never really took to life at sea. But seafood has been good to him. Hawking dried shrimp, squid and fish in nightly Facebook (FB.O) livestreams, Anurak, who is quick with a joke and adep... More »
JAKARTA (Reuters) – Indonesia is bringing in new rules requiring e-commerce sellers to share data with authorities, while also stressing that they must pay taxes, the finance ministry said on Monday. Surging smartphone use and a rising middle-class income in I... More »
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 what it sees as broken promises by Prime Minister Narendr... More »
FILE PHOTO: Employees work at headquarters MercadoLibre (Online marketplace company) in Sao Paulo, Brazil, July 10, 2017. REUTERS/Nacho Doce MEXICO CITY (Reuters) – Mercado Libre, Latin America’s home-grown e-commerce firm, said on Thursday that it would open ... More »
When diaper maker DSG International (Thailand) wants to know what its customers are thinking, it often turns to Lazada, an e-commerce firm majority-owned by Alibaba Group Holding (BABA.N). More »
