Suga to invest billions in Japan’s digital agency

New Japanese Prime Minister Yoshihide Suga last week unveiled plans for the digital agency that will…

Allegro IPO pins hopes on Polish shoppers going digital

Allegro is planning to become Poland's largest publicly listed company through an IPO next month.

Reliance ecommerce drive moves up a gear

Silver Lake Partners private equity firm was discussing the possibility of investing $1bn in Reliance Retail

Chile snubs China with Transoceanic Cable decision

Chile has chosen Australia as the final destination for the Transoceanic Cable, the first fibre-optic subsea…

Walmart keeps faith with Indian e-commerce

Walmart has stumped up $1.2bn to help its Indian e-commerce concern Fliipkart counter the effects of…

Good news for Amazon staff as warehousing sector soars

Amazon yesterday announced plans to offer permanent jobs to about 70% of the US workforce it…

Pandemic opens up ‘new normal’ world of digital opportunities

The winners  in the ‘new normal’ world that will eventual emerge from the current pandemic are…

Tencent boss Pony Ma climbs Forbes rich list in rise and rise of e-commerce

With Amazon’s  Jeff Bezos wresting top spot in the Forbes rich list from Microsoft’s Bill Gates …

Tencent gives Alibaba run for its money

After dominating China’s mobile payments sector —  which  at $5.5trn is 50 times bigger than that…

Alibaba to use Silk Road to boost SME trade

Chinese e-commerce giant Alibaba Group is planning to  leverage China’s Belt and Road initiative to help…

Alibaba to open 'e-hub' in Malaysia

China’s e-commerce giant Alibaba Group CEO is on track to open an ‘e-hub’ close to Kuala…

Amazon facing penalties over Iran

E-commerce giant Amazon could be facing penalties from the US Treasury, it has emerged, after it…

Alibaba to open data centres in Dubai and Germany in battle for Cloud

Chinese e-commerce giant Alibaba has chosen Vodafone Germany as the first European partner for its Cloud…

Taobao named China’s most valuable brand as tech sector bucks economy

Taobao, the online shopping platform owned by Alibaba Group, has been named China’s most valuable brand for…

Rural Chinese online sales growing faster than in its cities for first time

Rural Chinese online sales:  China’s rural residents spent almost $47bn on online retail sales in the…

Alibaba takes control of Lazada for $1bn in global expansion drive

Chinese e-commerce giant Alibaba is to acquire a $1bn controlling stake in the Southeast Asian online…

Putin orders launch of ‘Russian Alibaba’ e-commerce aggregator site

On the orders of President Putin,  Russia’s Ministry of Economy has drafted plans for the development of…

Sistema and TUS Holdings to launch $100m Sino-Russian high-tech VC fund

Russia’s AFK  Sistema and TUS Holdings from China are in talks over the creation of a…

Vkontakte surge helps Mail.Ru overtake Yandex in Russian e-commerce table

A 44.2% revenue surge in its Vkontakte social media business  has pushed the Mail.ru Group ahead of…

Alibaba profits double as Amazon share price plunges

Alibaba Group, the world’s largest e-commerce services provider, has set its sights on further domestic and international expansion…

Hangzhou unveils plans for $40bn international e-commerce hub

The capital of China’s eastern Zheijang province Hangzhou last week unveiled plans to position itself as…

China’s JD.com to sell Russian goods to domestic market

China’s e-commerce giant JD.com is to begin selling Russian goods in China, its president Victor Xu said last…

Russian Post looks to launch e-commerce platform for exporters

Six weeks after being given the go-ahead to set up a JV with VTB Bank to create  the…

Chinese online health market doubles in a year

The value of China’s online healthcare market has grown by 56% this year, according to a report from…