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Platforms including Tokopedia, Shopee, Lazada and Blibli must collect income taxes from online merchants a month earlier than scheduled following a leadership change at the finance ministry.
Brand loyalty in Asia faces disruption as artificial intelligence shopping agents gain consumer trust to pick alternative products based on value and fit.
Digital platforms face penalties of up to NT$50 million per violation under new rules requiring manual opt-in boxes and simplified cancellation paths.
A Worldpay study of 1,466 payment professionals shows merchants are losing sales to false declines while automated refund abuse and account takeovers increase.
Retail executives looking to understand the future of retail should take a close look at Asia, where retail is booming as Asia is leading in terms of retail growth. The growth rates are twice the rate of the rest of the world, and e-retail growing at three…
In an effort to become more digitalized, Chanel has tapped e-commerce firm Farfetch, consolidating the partnership with a minority stake purchase in the UK retailer. The French couture house looks to develop digital communication such as chats to connect…
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