Tag: e commerce

Amazon to close 7 warehouses in Canada and eliminate 1,700 jobs

Online retailer Amazon said Wednesday that it's closing all seven of its warehouses in the Canadian province of Quebec in the next two...

US 'notorious markets' report warns of risks from online pharmacies

BANGKOK -- Nearly all of the world’s 35,000 online pharmacies are being run illegally and consumers who use them risk getting ineffective or...

Livestream shopping app Whatnot raises $265M, pinning valuation at nearly $5B

Whatnot, the platform that allows users to sell items such as trading cards, comics, and sneakers through live videos, announced on Wednesday that...

Chinese online retailer Temu suspended in Vietnam

HANOI, Vietnam -- Vietnam has suspended the operations of Chinese online retailer Temu after it failed to meet a government deadline to register...

Flash, founded by ex-Flipkart exec, launches in the U.S. to help shoppers juggle multiple online orders 

Flash, the payment management service that tracks all your online purchases, announced Tuesday its entry into the U.S. market, giving American customers the...

African e-commerce company Jumia completes sale of secondary shares at $99.6M

Almost two weeks ago, TechCrunch reported that African e-commerce giant Jumia was planning to sell 20 million American depositary shares (ADSs) and raise...