E-Commerce: Latest News and Analysis

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JD.com launches gifting feature to compete with Alibaba, Tencent ahead of Lunar New Year
When browsing a selection of eligible merchandise, JD.com app users will see a button labelled “Gifting IT.” After clicking it, users follow a few simple steps to pay for an item and have it shipped ...
SCMP
Tech war: China’s TikTok sellers eye Amazon and Shein as US ban looms
Cross-border merchants in China are bracing for an impending ban on TikTok in the US.
scmp.com
Alibaba’s Joe Tsai: Chinese firms face harsh realities amid rising geopolitical tensions
Chinese companies are facing the most challenging geopolitical environment in decades, according to Joe Tsai, a co-founder and chairman of Alibaba Group Holding. “Right now, this is, I could say ...
TechCrunch
eBay acquires Caramel to reduce risk and complexity of online car sales
Bay has announced plans to acquire Caramel, a startup that helps car sellers and buyers complete the final steps of the transaction.
ARPU
Apple Battles $1.8 Billion App Store Lawsuit in UK's First Tech Giant Class Action
Apple is facing a significant legal challenge in the UK, where a mass lawsuit alleges that the tech giant abused its dominant position in the App Store, costing British consumers billions. This case, currently underway in London's Competition Appeal Tribunal, marks the first major class action lawsuit against
ARPU
Ebay: Latest News and Analysis
The Financial Times
Senior Labour MP raises ‘concerns’ with City regulator over planned Shein listing
Trade committee chair Liam Byrne writes to FCA and London Stock Exchange after questioning of fast-fashion group ...
TechCrunch
Shein is still looking to IPO
Shein is still looking to IPO, Reuters reports. The company is looking to list on the London Stock Exchange (LSE) and could complete its IPO as early as ...
Reuters
Senior UK lawmaker flags concerns about Shein to LSE and regulator
The chair of a British parliamentary committee wrote on Thursday to the London Stock Exchange to raise concerns about evidence given by a Shein representative at a hearing this week, and to ask how ...
scmp.com
Alibaba studio pulls top game from Vivo’s app store after similar move by Tencent
The move comes amid ongoing disputes between Chinese video game companies and smartphone brands over app-store commission rates.
Tech in Asia
Flipkart appoints Dunzo co-founder to lead quick ecommerce - Tech in Asia
Flipkart appoints Dunzo co-founder to lead quick ecommerce  Tech in Asia
Reuters
US sues Airbnb after host rejected rental to mother with children
Jan 10 (Reuters) - The U.S. government sued Airbnb (ABNB.O), opens new tab on Friday, alleging housing discrimination after a host refused to rent an apartment to a mother with three school-age ...
ARPU
Shein Eyes Mid-Year London IPO Amid Regulatory Hurdles
Fast-fashion giant Shein is reportedly aiming for a London IPO in the first half of 2024, Reuters reports. The move comes after the company withdrew its US IPO amid congressional concerns about China-related risks and alleged labor malpractices.Reuters cites two sources familiar with the matter to report that Shein
Seeking Alpha on MSN
Shein pushing for April London IPO
Shein could complete a £50B London IPO by April, but faces scrutiny over alleged use of slave labor and banned Xinjiang cotton in China.
Reuters
Shein aims for London IPO by mid-year, sources say
Online fast-fashion retailer Shein is aiming to list in London in the first half of the year, according to two sources with direct knowledge of the matter, assuming it gains regulatory approvals for ...
City AM on MSN
Shein’s ‘evasive’ performance triggers fresh fury from campaigners
While Shein's listing and a significant win for the LSE, some have said the move should be blocked due to Shein's alleged supply chain abuses.
CNBC
EBay shares soar after Meta allows listings on Facebook Marketplace in U.S., Europe
Shares of eBay soared Wednesday as Meta announced it will allow some listings to show up on Facebook Marketplace in Germany, France and the United States.
WWD on MSN
Shein Declines to Comment on Supply Chain After a Bruising Hearing in U.K. Parliament
Shein's lawyer dodged questions about the use of Xinjiang cotton and alleged forced labor and child labor in its supply chain during a hearing held by the U.K. parliament's Business and Trade ...
Startups on MSN
eBay introduces new Vinted-style buyer protection fee
Following the removal of its selling fees, eBay has now announced its buyer protection fee to help ensure a safer shopping experience.
Bloomberg L.P.
Meta Floats EBay Ads Fix to Comply With EU Antitrust Order
Meta Platforms Inc. offered to publish listings from classified ads rival eBay Inc. on Facebook Marketplace in an effort to comply with a landmark European Union antitrust order that was accompanied ...
Reuters
Shein's silence on China cotton use leaves British lawmakers in the dark on supply chain
A Shein representative declined to provide a direct answer when asked by a British parliamentary committee on Tuesday whether the online fast-fashion retailer uses cotton from China or from its ...
CNBC
dLocal, Latin America's answer to Stripe, wins UK license in global expansion push
Latin American payments firm dLocal has secured a U.K. payment institution license, adding to its growing portfolio of licenses as it furthers global expansion.
SCMP
Chinese smartphone maker Honor targets Indonesia’s growing appetite for premium handsets
Honor expects to initially launch more than 30 products this year in Indonesia, where it plans to open over 10 ‘experience’ stores.
Bloomberg L.P.
Holiday Online Sales Hit a Record $241 Billion in US, Adobe Says
US e-commerce spending rose 9% to a record $241 billion over the holiday period, sparked by widespread discounts, according to data from Adobe. More than half of the total spent during the last ...
SCMP
PDD’s Chinese-American billionaire investor Duan Yongping heaps praise on Temu
In a speech at his alma mater Zhejiang University, Duan professes his admiration for PDD founder and fellow alumnus Colin Huang Zheng.
SCMP
TikTok expands e-commerce operation into Mexico amid potential US ban
TikTok Shop’s geographic expansion south of the United States shows it is undeterred by Washington’s ‘sell-or-ban’ law.
CNBC
Volkswagen and Xpeng to build super-fast charging network in China for EVs
Volkswagen has ramped up its focus on China via an investment in Xpeng and an aggressive electric vehicle launch schedule.
CNBC
Chinese robot vacuum cleaner company reveals model with an AI-powered arm - CNBC
Chinese robot vacuum cleaner company reveals model with an AI-powered arm  CNBC
ARPU
Foxconn Beats Estimates on AI Demand
Taiwan's Foxconn, the world's largest contract electronics maker, exceeded expectations in the fourth quarter, achieving record revenue driven by strong demand for artificial intelligence (AI) servers, Reuters reports.Revenue surged 15.2% year-on-year to T$2.13 trillion (approximately $64.72 billion), surpassing the anticipated T$
SCMP
E-commerce giants jump on China’s latest trade-in programme amid heated competition
Alibaba and JD.com are among the earliest to join the country’s renewed subsidy programme for home-appliance shoppers.