eCommerce

Twitch Terminates Safety Advisory Council Contracts, Expands Role to Ambassadors

Twitch Terminates Safety Advisory Council Contracts, Expands Role to Ambassadors

Twitch has terminated the contracts of its current Safety Advisory Council members and will expand the council's membership to include approximately 180 ambassadors from its ambassador program.


Indonesia Probes Shopee, Lazada Over Suspected Anti-Competition Violations

Indonesia's anti-trust agency is investigating the local operations of e-commerce platforms Shopee and Lazada for suspected violations of anti-competition regulations.

Alibaba Introduces David Beckham as AliExpress's New Global E-Commerce Brand Ambassador

David Beckham is the global brand ambassador for AliExpress as the e-commerce platform tries to expand internationally.

Alibaba Says It Considers Selling Convertible Bonds to Raise $5 Billion, Then Its Hong Kong Shares Suddenly Dropped

Hong Kong-listed shares of Alibaba dropped more than 5% on Thursday after news broke that the Chinese e-commerce giant was considering issuing convertible notes to get $5 billion.


Latest News

Bankrupt Crypto Lender Genesis Global to Return $3 Billion to Customers
Genesis Global, a bankrupt crypto lending firm, has been allowed by a court to return approximately $3 billion in cash and cryptocurrency to its customers.
Amid Walmart Mass Layoff in US, Walmart Philippine Supplier is Hiring Thousands of Factory Workers
While Walmart is laying off employees in the US, its Philippine supplier is doing the opposite, starting to hire thousands of factory workers.
Shein Pushing for London IPO Launch Amid US Listing Hurdles
Chinese fast-fashion giant Shein is reportedly intensifying its efforts for a London stock market debut amid uncertainty on the likelihood of receiving approval from the US Securities and Exchange Commission.
Canada Slaps Binance With $4.38 Million Fine for Violating Anti-Money Laundering and Terrorist Financing Laws
Canada's financial watchdog has slapped Binance with a fine of nearly $4.38 million for violating anti-money laundering and terrorist financing laws.
Server General Launches Data-Encrypted Cloud Migration Service
Server General has launched its Google Cloud-ready data encryption service Transfer General, which claims to have constant data encryptions, even during cloud migrations, at speeds up to 100 gigabytes per second.
Amazon Announces Plan to Launch Dedicated Website for Ireland in 2025
Amazon's forthcoming launch of Amazon.ie in 2025 promises Irish customers faster delivery and an expanded product range.
Target Cuts Pride Merch Ahead of June After 2023 Fiasco
Target announced that it was planning to reduce its LGBTQ+-themed merchandise in some of its stores for June’s Pride Month.
Amazon Rolls Out First Fleet of Electric Seaport Trucks in a Bid to Reduce Pollution
Amazon unveiled Tuesday its first fleet of Volvo electric trucks, which will be used to get cargo at the country's busiest container seaport in Southern California.
EA Admits Planning Spending Cuts After Not Reaching Annual Bookings Targets
Electronic Arts (EA) revealed that their full-year bookings were forecasted to be between $7.3 billion and $7.7 billion, which is below Wall Street estimates of $7.76 billion.
Musical instrument retailer Sam Ash announced it would be closing all of its stores by July 2024 after 100 years in the business.
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