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    Amazon plans to lay off 10,000 people starting this week

    14 Nov 2022

    The job cuts will focus on the e-commerce giant's devices unit, which houses voice-assistant Alexa, as well as its retail division and human resources, according to the report, which also said the total number of layoffs remains fluid.

    Ant Group founder Jack Ma to give up control in key restructuring

    07 Jan 2023

    Ant Group’s founder Jack Ma will give up control of the Chinese fintech giant in an overhaul that seeks to draw a line under a regulatory crackdown that was triggered soon after its mammoth stock

    Global retailers seek new ways to lure in shoppers as spending slows

    26 Apr 2023

    Europe's cost of living crisis has benefited discount retailers but mid-market names are being squeezed as shoppers watch their spending, executives and analysts at an industry conference said.

    People back to shopping centres after pandemic

    26 Apr 2023

    "We have seen more growth recessions, and with that experience comes knowledge on how to deal with each era, depending on the circumstances and the impact of that factor on the business..."

    Amazon wins EU court appeal in Luxembourg tax case

    12 May 2021

    Amazon scored a major legal victory on Wednesday when an EU court annulled an order from the bloc’s powerful antitrust authority that Luxembourg recoup 250 million euros ($295 million) in back taxes. The decision handed a fresh defeat to EU competition supremo

    Global e-commerce sales jump to $26.7tr, online retail sales rise

    01 May 2021

    The dramatic rise in e-commerce amid movement restrictions induced by COVID 19 increased online retail sales’ share of total retail sales from 16 per cent to 19 per cent in 2020, according to estimates in an UNCTAD report released on Saturday.

    Dubai based entrepreneur launching an E-commerce platform named measouq.com

    05 May 2021

    Measouq.com is an E-commerce platform in UAE with the concept of online shopping mall with multi-vendor checkout and with multiple discount codes.

    India’s e-commerce policy calls for equal treatment with sellers

    14 Mar 2021

    India will require e-commerce firms to treat sellers equally on their platforms and ensure transparency, according to a draft policy seen by Reuters on Saturday that follows criticism against business practices of big online companies.

    Tata plans to take majority stake in BigBasket

    12 Mar 2021

    Indian conglomerate Tata Sons plans to buy a majority stake in Alibaba-backed online grocery seller BigBasket, a filing with the country’s antitrust body showed on Friday.

    Prizes up to Dhs2 million awaiting lucky shoppers at Sharjah Promotions campaign

    02 Jan 2021

    In a statement, the SCCI called the emirate residents and visitors to actively participate in the campaign events, which kicked off on Dec.17, 2020 and lasts continues till Feb.13, and make the most of the amazing deals offered so that they can have greater chances to win valuable prizes and gift vouchers.

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