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JD.com, the powerful e-commerce platform based in China, has been officially notified of regulatory apprehensions related to their proposed $2.5 billion acquisition of the German electronic retailer, Ceconomy. This…
On Monday, AliExpress, Alibaba’s subsidiary, was slapped with a record-breaking €550 million (US$629 million) fine by the European Union for its failure to address sales of illegal, dangerous and counterfeit items on its platform. This penalty is considered…
A significant fire broke out at Coupang’s No. 32 logistics center located in Incheon, west of Seoul, prompting an evacuation of surrounding businesses and factories due to structural collapse concerns. The fire, which originated on the building’s sixth floor…
Shein, the fast-fashion retailer, is looking at a tough road ahead as it aims for a valuation of up to US$50 billion in its highly anticipated IPO in Hong Kong. This is mainly due to new fees imposed on e-commerce parcels in Europe, which are expected to…
Uber, one of the leading global mobility and food delivery platforms, has confirmed its decision to acquire another significant player in the industry, Delivery Hero. The agreement, which values Delivery Hero at approximately €13.0 billion (US$14.8 billion),…
Donald Tang, executive chairman of Shein, the global fast-fashion retailer, is preparing to step down as the company nears its public offering, according to sources with first-hand knowledge of the situation. Tang has been the public face of the company for…
Fast-fashion retail giant Shein has received authorization for its much-anticipated Initial Public Offering (IPO) process in Hong Kong, bringing it one step closer to a listing after unsuccessful runs in both New York and London. This news came from the China…
As part of its agenda to curb perceived unfair competition from online retailers like Shein, Temu, and AliExpress, Europe has initiated a €3 charge on low-value e-commerce imports from China that were previously duty-free. This move constitutes a significant…
The e-commerce sector in Southeast Asia is witnessing significant growth, with its Gross Merchandise Value (GMV) projected to reach around US$350 billion by 2030 and escalate to US$630 billion by 2035. For businesses aiming to tap into this growth, achieving…
Singaporean consumers are increasingly expecting more from their online shopping experiences, favoring personalised and relevant product discovery over novelty. This finding is according to a recent report called the Spark of Discovery 2026. Efficiency and…
JD.com, a prominent Chinese e-commerce company, has inaugurated its first physical JD Mall in Hong Kong. This venture marks the beginning of an ambitious expansion strategy, which projects the opening of 6 to 8 more stores across the city over the forthcoming…
Judydoll, a renowned beauty brand from China, has made its grand entrance into the European market. This move was achieved through a successful launch on the e-commerce platform, Joybuy, spanning multiple countries including the UK, Germany, the Netherlands,…
The partnership between French department store BHV and online fast-fashion retailer Shein has concluded, following a brief and controversial seven-month duration. The collaboration was marked by contention from the beginning, as the establishment of a…
South Korea has handed down a massive fine of 625 billion won (US$409.30 million) to e-commerce behemoth, Coupang. This follows an extensive breach of customer information and illicit collection of personal data, marking the country’s most substantial data…
China’s e-commerce export sector is facing difficulties due to increasing jet fuel costs and a decrease in demand from lower-income consumers in the West. These challenges have arisen as a result of the ongoing conflict in Iran, which is affecting profits for…
Shinsegae Group’s chairman, Chung Yong-jin, is set to expand his role within the organization, assuming CEO positions at both E-mart and Shinsegae Property. This move by the South Korean retail heavyweight signals an aggressive push for growth in its primary…
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