REMOVAL OF XIAOMI FROM US BLACKLIST BENEFICIAL TO CHINA, US & WORLD SAYS CHINESE COMMERCE MINISTRY

Highlights

• The Joe Biden administration on Wednesday made a decision to remove Chinese smartphone maker Xiaomi from the list blacklisted companies that restricted it from accessing American investment

Welcoming the US' move to remove Xiaomi Corp. from its blacklist,...

S. KOREA E-COMMERCE COMPANY COUPANG INC. TO DEBUT IN NYSE

Highlights –

• S. Korea e-commerce company Coupang Inc. to debut in NYSE.
• The e-commerce company is set to fix its IPO within next week.
• Coupang is hoping to price its offering at between US$27 and $30 per share to raise up to $3.6 bill...

RETAIL STORES LOSING OUT TO ONLINE SHOPPING; LIVE COMMERCE TO THE FORE

• The digitization of retail here has been forcing more and more people to shop online.
• At first, people were uncomfortable with internet shopping because they were much scared of paying for the product and receiving it after a week and at times not receiving it at all.  

ONE MILLION ITEMS VANISH FROM AMAZON

HIGHLIGHTS

• It has always required sellers to provide precise information on product pages and eliminates those that violate its policies. 
• Removal of more than 1 million products for falsely advertising or increasing prices of pr...

New OTP less shopping for Indian market

As the digitization has hit hard on the world trends it has changed major shopping habits of the people all around the globe. Indian markets have also been seeing digitization and the help from the e commerce sector has given it the boost that it required.

Indian markets are huge and th...