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Tag:Laest E-commerce updates

Amazon exits India’s Shoppers Stop by selling 4% stake for $32.44 mn

US-based Amazon yesterday exited Mumbai-headquartered retail chain Shoppers Stop after selling a 4-per cent stake in the latter for...

Amazon aims to enable $80 billion in e-commerce exports from India

E-commerce giant Amazon has announced plans to enable over $80 billion in cumulative e-commerce exports from India by 2030. This is 4x more...

Gen Z highly influenced by user-generated content on Instagram: Report

Gen Z uses Instagram (69 per cent), YouTube (62 per cent), and TikTok (50 per cent) for product discovery, whereas Millennials choose Facebook...

China Commission urges Congress to end de minimis for e-com shipments

The US-China Economic and Security Review Commission has urged US lawmakers to fully eliminate the de minimis trade provision for imports sold through...

Germany’s Mytheresa’s net sales rise 7.6% to $212.14 mn in Q1 FY25

Mytheresa, a leading online luxury fashion retailer, has reported net sales growth of 7.6 per cent year-over-year (YoY) in the first quarter (Q1)...

China’s Oct e-com logistics index up 0.6 pts, may grow further in Nov

China's e-commerce logistics index was 115 in October this year—up by 0.6 points from the September figure, according to...

Vietnam’s e-com sector may grow 18% in 2024 to hit $22 bn: Report

The e-commerce market in Vietnam is estimated to hit $22 billion this year, growing by 18 per cent and...

European e-commerce giant Zalando’s GMV grows 7.8% in Q3

Zalando, a European fashion and lifestyle e-commerce giant, has recorded strong growth in both its growth vectors Business-to-Consumer (B2C) and Business-to-Business (B2B) in...

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Valencia hire WBA’s Corberan amid relegation fear

Dec 25, 2024, 06:44 AM ETValencia have named Carlos Corberan as head coach on a two-and-a-half year deal...
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American sportswear company Nike sees sharp revenue decline in Q2 FY25

American sportswear giant Nike, Inc has reported revenues of $12.4 billion, marking an 8 per cent decline on...

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