Adobe has released new data showing that consumers in the United States spent USD $331.6 billion online between January 1 and April 30, 2024, indicating a 7% year-over-year growth. This data, drawn from Adobe Analytics, offers a comprehensive overview of ...

At J.P. Morgan’s 20th annual Global China Summit in May, Alibaba Group Chairman Joe Tsai delivered a comprehensive discourse on the significance and potential of artificial intelligence (AI). The event, held in Shanghai, drew over 2,700 delegates from 1,300 companies ...

Analysts noted that PDD’s emphasis on value-for-money and the growth of its Temu marketplace have propelled the company to the forefront of China’s e-commerce space, securing its position as the country’s most valuable player in this segment. PDD Holdings reported ...

Dare Fashion, an online clothing business headquartered in San Francisco, faced a significant setback with a major break-in, posing a threat to the company’s existence. Ben Wang, the owner who initiated the business 17 years ago, expressed his dismay at ...

Amazon’s choice to align with the LABS Initiative underscores the company’s commitment to raising safety standards in manufacturing facilities and advancing responsible, sustainable business practices. By tapping into the expertise and resources of the initiative, Amazon seeks to bolster its ...

Data indicates that Google AI summaries are shaking up ecommerce visibility by sourcing product data from non-ranking outlets. An examination of 25,000 ecommerce queries conducted by Bartosz Góralewicz, the founder of Onely, uncovers the influence of Google’s AI summaries on ...

Richard Liu Qiangdong, the billionaire founder of JD.com, a major Chinese e-commerce player, has issued a stern warning amidst increasing competition in the nation’s online shopping arena. In a circulated video widely reported by local media, the 51-year-old entrepreneur emphasized ...

Korean skincare brand Aestura has expanded its presence in Thailand, launching its products on the e-commerce platform Lazada and in brick-and-mortar retailers Watsons and Beautrium. This launch brings Aestura’s 14 products from its flagship lines A-Cica 365, Atobarrier 365, Regederm ...

Indonesia’s anti-trust agency said on Monday it is investigating the local units of e-commerce platforms Shopee and Lazada for suspected violations of anti-competition rules. The companies are PT Shopee Internasional Indonesia, and PT Ecart Webportal Indonesia, which oversee the domestic ...

For more than three years, rapid inflation has frustrated shoppers searching for deals on store shelves. However, several prominent companies are now providing some relief. Target, Ikea, Aldi, McDonald’s, and Wendy’s are among the well-known brands that have recently announced ...