Tag: e commerce

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...

Jumia plans to raise more than $100 million in secondary shares to drive stalled user growth  

African e-commerce company Jumia is selling 20 million American depositary shares over the next couple of weeks, TechCrunch has learned. The at-the-market transaction...

Amazon reports boost in quarterly profits but misses revenue estimates

Amazon reported a boost in its quarterly profits Thursday, but the company missed revenue estimates, sending its stock lower in after-hours trading. The...

T-shirts with image of Trump raising his fist after shooting are for sale in China

BANGKOK -- Images of the moment have already been splashed across the world’s front pages and papered many corners of the internet —...