The giant Amazon is going to start a market called “Handmade at Amazon” and thereby steps into the domain of Etsy. Last week Amazon informed all retailers about their plans and caused serious unrest with the Etsy retailers. They showed great interest in the possibility to sell on Amazon.
Google is letting advertisers place shopping ads on YouTube. The function arrives inside TrueView ads, the clips before the main video, introduced in 2010, that viewers can skip.
China said it would invest $70 billion to increase internet speeds and expand broadband access in rural areas by this year, as the country strives to boost growth by unleashing the potential of its more than 648 million web users.
Myntra, India's largest fashion retail portal, closed down its website on Friday and moved to a mobile-only platform. Its parent, Flipkart, plans to follow suit within a year.
Two of Europe’s biggest mass merchants and grocery store chains are in preliminary merger talks. And if the deal between Ahold N.V. and Louis Delhaize Group does go through, it would create a European online retailing organization with combined annual web sales of more than $1.4 billion—and more opportunity to expand online across Europe.
France’s Kering SA and a group of its brands accused Alibaba in a lawsuit of profiting from sales of counterfeit goods despite the Chinese e-commerce giant’s pledge to combat the trade in fakes.
Google has been striving to be more than just a search engine. The development of the buy button is another step of realizing this plan and become a direct one-stop shop for consumers.
This summer Walmart is launching a new fast-shipping subscription codenamed “Tahoe” and thereby creates a serious competition for Amazon Prime. The service will be offered on an invitation-only basis for the time being.