Stay updated with breaking news from Biggeste commerce. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
10 April 2021, 2:58 am EDT By Alibaba Group Holding faces a record fine of 18.2 billion yuan (US$2.8 billion) for monopolistic business practices deemed an abuse of its dominant market position in China. The news comes after China s regulatory agency launched an investigation in December 2020, which is centered on Alibaba s alleged antitrust practices. Alibaba Investigation: China s Push to Rein the Country s Big Tech Alibaba had come under fire as China s State Administration for Market Regulation (SAMR) had opened an investigation against the e-commerce giant. SAMR alleges that Alibaba had forced its member merchants to sell exclusively on its platforms and avoid rival e-commerce sites, according to the state-run media Xinhua news agency s report on n Saturday, Apr. 10. ....
( PhotoMIX Company from Pexels ) A Berlin-based startup successfully seeds €6.4 million ($7.5 million) to bring the growing e-commerce trend to Whatsapp and other chat apps. Charles, the e-commerce startup, was launched in 2020 by Artjem Weissbeck and Andreas Tussing and received seed funding led by Accel and HV Capital. The two had run a year-long experiment to see how the Conversational-Commerce Software as a Service (SaaS) platform could help businesses sell their products. (Photo : Justin Sullivan/Getty Images) Conversational-Commerce: The growing SaaS in a Nutshell A January 2015 article from Medium first described conversational commerce as a concierge-style service that delivers convenience, decision support, and personalization to people with only partial attention to sp ....
Transcripts for CNN CNNI Simulcast 20140916 06:46:15 archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.