The European Commission, which operates as the antitrust watchdog in the European Union, said on Thursday (Sept. 15) that there may be probes into eCommerce practices across a wide range of companies, from digital firms to consumer product enterprises. The warning, The Wall Street Journal...
November 12, 2018
Alibaba has set a new Singles Day sales record, generating more than $30.8 billion during the 24-hour shopping event. In Chinese currency, gross merchandise value (GMV) totaled 213.5 billion yuan, beating last year’s figure of 168.2 billion yuan — a nearly 27 percent year-on-year rise. However, it was smaller than the 39 percent year-on-year growth […]
