Alibaba is shaking up its e-commerce operations in China, putting all three of its major platforms under Alibaba co-founder Jeff Zhang, Reuters reported on Monday (March 9). Zhang will head up a new China Retail Marketplaces division that will include the eBay-like Taobao, Alibaba’s largest...
Everyone believes mobile payments are the next big thing. It’s just that no one quite knows when that next big thing is likely to take off, or what exactly it’s going to look like. “I think that’s where the future is going to be going...
Federal Trade Commission Chairwoman Edith Ramirez defended a recently released draft of the Consumer Privacy Bill of Rights at a privacy conference last week, saying the draft document included some loopholes that concerned her but calling it “a discussion document” on which a more robust...
Beauty retailer Sephora is rolling out beacons, iPhone-based augmented reality and an Amazon Prime-style shipping service as part of a “digital experience” makeover of its U.S. stores, according to Forbes. The new omnichannel retail features are tied to the opening of Sephora’s new Innovation Lab...
Airbnb and Zipcar are among the 21 founding members of Sharing Economy UK, a trade group intended to champion companies in the U.K.’s sharing sector, according to The Telegraph. Other founding members of the voluntary group include Appear Here, BlaBlaCar, Compare and Share, EasyCar, Echo,...
Amazon is pushing its expansion into China through a somewhat unexpected channel. The U.S.’s biggest e-commerce player has opened a flagship store in an online market of its Chinese counterpart – Alibaba Group Holding’s online marketplace. Located in Tmall, Amazon’s new offering is so far...
Mobile shopping in China jumped 239 percent in 2014, more than tripling the value of mobile purchases in 2013 — and mobile will overtake other forms of Chinese online shopping by the end of next year, Internet Retailer reported. Chinese mcommerce climbed to 929.7 billion...
A decade after its birth in a Brooklyn apartment, online crafting marketplace Etsy is heading for an IPO on the NASDAQ. The company values itself at around $1.7 billion, according to a regulatory filing. It is currently planning to trade under the ticker symbol “ETSY.”...
The world’s largest search provider and the world’s largest retailer are breaking up – when it comes to local ads anyway. In the summer of 2014, Walmart signed up for Google’s newest advertising service that directs shoppers to products in nearby stores. Local Inventory Ads...
