By Munsif Vengattil and Nupur Anand NEW DELHI -India’s effort to break Amazon Inc and Walmart Inc’s dominance of its e-commerce sector, by establishing its own open network, has begun …
e-commerce
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Financial News
Plagued by default fears, Russian e-commerce player Ozon boosts spending
by Reutersby Reuters(Reuters) – Flagging escalating fears it may default on some corporate debt, Russian e-commerce player Ozon said it has increased its capital expenditure and seen free cash flow turn negative …
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Financial News
FedEx has ‘lucrative backdoor’ to bigger role in e-commerce, says Citi
by Reutersby Reuters(Reuters) – FedEx Corp can boost its profit by $1 billion annually if the delivery giant leverages its ShopRunner buyout and its partnership with Microsoft to deepen its e-commerce presence …
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Business News
PARCLL Announces Integration Partnership With EasyPost, Giving E-Commerce Merchants More Options to Add Capacity and Drive Growth
by Your Newsby Your NewsLOS ANGELES, April 1, 2022 — PARCLL, a leading global e-commerce logistics solutions provider and EasyPost, a premier shipping software solution, have announced a partnership that enables domestic and cross-border …
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Financial News
China objects to U.S. inclusion of Chinese e-commerce firms in ‘notorious markets’ list
by Reutersby ReutersHONG KONG – China does not agree with the U.S. government’s decision to include some e-commerce sites in its “notorious markets” list, calling the action “irresponsible,” the Chinese ministry of …
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US and World News
Billionaire e-commerce mogul partners with SpaceX for 3 more crewed flights
by Reutersby ReutersBy Steve Gorman LOS ANGELES – The billionaire e-commerce mogul who last year led the world’s first all-private space crew launched into orbit said on Monday he plans to help …