The headquarters of Alibaba Group in Hangzhou, China. Reuters
NEW YORK: Chinese e-commerce giant Alibaba Group Holdings will allow small US businesses to sell on Alibaba.com, the company said, as it seeks to tap into the business-to-business e-commerce market and fend off rivals like Amazon.com. The move will open up markets to US merchants in countries
Amazon.com said it would shut its China online store by July 18, as the US e-commerce giant focuses on the lucrative businesses of selling overseas goods and cloud services in the world’s most populous nation. The move underscores how entrenched, home-grown e-commerce rivals have made it difficult for Amazon’s marketplace
China’s Alibaba Group Holding Ltd on Tuesday unveiled its most significant business reshuffle since co-founder Jack Ma announced his pending retirement, as the e-commerce firm looks to bolster its investment focus
Governor State Bank of Pakistan (SBP) Reza Baqir said that country’s foreign reserves are increasing and today’s situation is far better as compared to the past.
The US-India Business Council (USIBC) has announced its support for the Atlantic Council Global Energy Forum to be held in Abu Dhabi next month. This will bring India into the ambit of the premier international gathering of government,
The government is unlikely to increase the basic customs duty on import of mobile handsets from 20 per cent in the upcoming budget, according to official sources. No proposal was under consideration to increase duty, said the sources.