TikTok to spend billions in SE Asia as e-commerce move pays off
TikTok CEO Shou Zi Chew said the company would invest billions into Southeast Asia.
TikTok's chief executive said Thursday the company would…
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Bipartisan Bills Look to Change Import Law Seen as Boon to E-Commerce Companies
But Shein has faced scrutiny for some of its business practices, such as claims that it has copied designs and used cotton in its clothes from Xinjiang, a region in China where U.S. officials say Uyghurs have been abused by the government.…
TikTok’s venture into e-commerce paying off: Report
TikTok is owned by Chinese technology giant ByteDance.
Overall, the GMV of the region's nine top e-commerce platforms was valued at almost US$100 billion in 2022, up 14 per cent on-year, led by Singapore-based Shopee and Lazada, a…
TikTok To Invest Billions Of Dollars In Southeast Asia To Boost E-commerce Business
TikTok has 8,000 employees in Southeast AsiaShort video app TikTok, owned by China's ByteDance, said on Thursday it would invest billions of dollars in Southeast Asia over the next few years, as it doubles down on the region amid…
Government Asks E-Commerce Firms to Create Framework Against Dark Patterns
The government has taken a serious note of 'dark patterns' and asked e-commerce firms to create a self-regulatory framework to stop such practices, Consumer Affairs Secretary Rohit Singh on Tuesday said.The e-commerce sector has the largest…
Dubai-based Endefo to invest Rs 200 crore in India – Times of India
Dubai-based electronics brand Endefo, a brand under the Ashtel Group of Companies, has announced that its plan to invest Rs 200 crore in the Indian wearable technology market by the end of 2024.In a statement, the company said that it aims…
Govt asks ecommerce firms to create a self-regulatory framework to end ‘dark patterns’
The government has taken a serious note of 'dark patterns' and asked e-commerce firms to create a self-regulatory framework to stop such practices, Consumer Affairs Secretary Rohit Singh on Tuesday said. The e-commerce sector has the…
Meesho revamps brand identity to enhance positioning as inclusive, egalitarian platform
Softbank-backed e-commerce player Meesho has revealed a new brand identity as it looks to enhance its positioning as an "inclusive" and "egalitarian" platform for mass adoption. The company said that its new logo features hues of 'Jamuni'…
India’s internet economy set to hit $1 trillion in 7 years – Times of India
BENGALURU: India’s internet economy is expected to grow sixfold to $1 trillion by 2030 from $175 billion in 2022, a report from Google, Temasek and Bain & Company showed.The report said confluence of three crucial forces --…
GoKwik acquires chat commerce firm Tellephant, launches WhatsApp solution KwikChat
GoKwik, an ecommerce enabler, said it has acquired omnichannel communications specialist Tellephant for an undisclosed amount to tap WhatsApp commerce.With this acquisition, GoKwik has launched its third product KwikChat on Whatsapp,…