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The company announced that Amazon launched its Anti-Counterfeiting Exchange (ACX), an initiative to help retail stores label and track marketplace counterfeits as part of the e-commerce giant’s efforts to crack down on organized crime on its platform on…
The company announced that Amazon launched its Anti-Counterfeiting Exchange (ACX), an initiative to help retail stores label and track marketplace counterfeits as part of the e-commerce giant’s efforts to crack down on organized crime on its platform on…
Buy2Sell Vietnam established two new showrooms in Vincom Mega Mall in Hanoi and SC Vivo City in Ho Chi Minh City last month. The Hanoi showroom is on the 1st floor of Vincom Mega Mall Times City and the HCMC showroom on the 3rd floor of SC VivoCity. Buy2Sell…
Etsy on Monday resumed payments to merchants with Silicon Valley Bank accounts after the e-commerce platform paused their payouts over the weekend following the U.S. government shutdown of the bank last week. Approximately 0.5% of Etsy’s active sellers -or…
Three in 10 people visited e-commerce platforms even if they had nothing to buy. Digital commerce platforms like Shopee used in-app games to allow users to win coins that increase their time on the app, which will ultimately raise consumer spending, a recent…
Alibaba Group on Wednesday said it is developing a ChatGPT-style tool that is currently in internal testing, joining a race by tech companies globally to show they are up to speed on generative artificial intelligence (AI) developments. The Chinese e-commerce…
UK activewear label JD Sports is set to withdraw from South Korea after five years of operation, according to Edaily. The retailer was reported to have experienced a deepening deficit since the Covid-19 pandemic, which led to the decision. The source said JD…
Vietnamese vendors have sold nearly 10 million products on Amazon this year, totaling an export value over 45% more than 2021, according to a report by the American e-commerce giant. During the pandemic, there were “thousands” of Vietnamese vendors on Amazon,…
Vietnamese company Gilimex Inc. is suing e-commerce giant Amazon for $280 million for allegedly cutting back on orders, leaving it with an excess inventory. Gilimex, a manufacturer of textile and other products based in Ho Chi Minh City, said in a filling in…
Carousell, a Singaporean consumer-to-consumer (C2C) service platform operating across Southeast Asia, is letting go of about 110 employees, or 10% of its total headcount, to reduce costs amid a challenging market condition for the tech industry. The…
The world’s largest container shipping line Maersk and U.S. express delivery company FedEx are seeking to enter Vietnam’s e-commerce logistics market. Ditlev Blicher, regional managing director for Asia-Pacific, A.P. Moller – Maersk (Maersk), was in the…
The Finance Ministry said online platforms including Facebook and Google have paid VND5.59 trillion (US$231.6 million) in taxes from 2018 to August this year. In a report sent to the National Assembly, the ministry said the tax was paid by cross-border and…
According to statistics for Buy2Sell’s Google Analytics in 2021, the platform recorded over half a million visits and 140,000 registered users. In 2020, the platform reached about 400,000 visits and 56,000 registered users. In two years, it has recorded one…
In light of its proud achievements in 2021, Lazada Vietnam expects more breakthroughs in 2022 to bring more value for their customers and partners. Lazada hit impressive milestones in 2021, with remarkable profits, site traffic and record number of orders and…
For entrepreneurs, there are many exciting moments in the journey to celebrate: first product, first sale to a happy customer (who isn’t a family member), first marketing campaign. But entrepreneurship is a daily effort—to build a brand, to expand the…
With Covid-19 forcing people to stay at home and spend time online, e-commerce has been thriving. When Tet, the Lunar New Year, was a month and a half away e-commerce platforms had already achieved a strong increase in revenues during their December-12…
