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Retail

TikTok owner ByteDance launches e-payment service

TikTok owner ByteDance launches e-payment service

TikTok owner ByteDance has begun rolling out an electronic payment service connected to Douyin, the Chinese version of the popular short video app, the tech giant said Tuesday.
Others
Retail
India plans foreign investment rule changes that could hit Amazon

India plans foreign investment rule changes that could hit Amazon

India is considering revising its foreign investment rules for e-commerce, three sources and a government spokesman told Reuters, a move that could compel players, including Amazon.
Fashion
Industry

Amazon’s European sites cited among portals “notorious” for trading counterfeit goods

In the 2020 annual review of “notorious markets for counterfeiting,” the US administration cited Amazon’s European portals alongside Chinese and other foreign marketplaces said to be teeming with fake products.
Luxury
Retail

Unsustainable shopping grows, fast-fashion searches up 30% in Lockdown 3

A third UK Covid-19 lockdown has seen searches for cheap clothes, fast-fashion and easy credit payment methods increase substantially in January so far, a new study of online shopping habits shows.
Fashion
Retail