Browsing: eCommerce

Former US President Donald Trump reportedly called Amazon Executive Chairman Jeff Bezos to object to a news report claiming the company would show the impact of tariffs on product prices.

Starting May 2, 2025, items shipped from China to Temu shoppers will incur significant tariffs, either a 120% ad-valorem tax or a minimum fee of $100 per item.

E-commerce brands Shein and Temu, primarily manufacturing in China, face steep tariffs introduced during Donald Trump’s presidency, prompting price increases

Amazon and Walmart are adapting to economic challenges by investing in logistics, AI, and physical store innovation to attract ‘multi-subscriber’ consumers who value convenience and experience.

Metaverse company Infinite Reality valued at $15.5 billion following AI firm Touchcast acquisition

British self-driving technology startup Wayve expands into Asian market with new centre in Japan to develop AI-powered driving software

Cainiao offers rent-free storage for up to 60 days, targeting categories like home furniture to support Chinese cross-border sellers

US to press India for level playing field in ecommerce during trade talks

South Korean gaming major KRAFTON’s India arm has selected six game studios for its second cohort of incubation program, offering up to $150,000 in grants to each studio.

Ola’s AI subsidiary Krutrim has denied media reports claiming it is planning to raise $300 million in funding, stating it is well-funded by its promoter and select investors.