EMOTA, the European multi-trade and online trade association, has launched an European Trustmark. The basis of this certificate is a network of national trust marks and enhances cross-border trade.
The British banking firm the Rothschild Group and the CID Group, a private equity firm from Taiwan are making a joint investment of $50 million in Chinese online retailer Yapingguo.com in a Series A financing round.
The world’s largest internet platform outside the U.S. makes a commitment to the online fashion industry by investing in the GFG (Global Fashion Group) and two Brazilian online shops.
Infibeam is the first of India’s ecommerce companies to approach the Securities Exchange Board of India (SEBI) to file Draft Red Herring Prospectus (DRHP) and set a plan to raise funds from the general public.
The e-commerce giant is bringing its one-hour Prime Now delivery service to Europe. When using the Prime Now app, it will show its availability in selected postcodes of London.
The Chinese web service company will invest more than $3 billion in its group-buying service Nuomi. The focus will be on connecting merchants and consumers.
The Chinese giant is negotiating to directly invest around $600 m for a share in the Indian e-tailer Paytm. This deal could take Alibaba’s total holding to around 40% of the company.
Ebay and PayPal are formally ending their partnership on July 20 after eBay’s board of directors agreed on the completion of separation of both businesses. The companies will act as two independent traded companies.