The multichannel retailer Tesco has announced its acquisition of a minority stake in Lazada, a southeast Asian online retailer.
The payment service provider PayPal has announced the opening of a Christmas online store in Spain in collaboration with more than 100 well-known brands and online retailers. According to a statement of the eBay subsidiary, customers can look forward to discounts of up to 80 per cent. This is as reported this morning by Ecommerce News.es .
At Zalando, things are starting to move, especially in the last few days. Yesterday it was put about that an IPO had finally become concrete, today rumours are emerging about the closure of Kiomi and Emeza, two of Zalando's site brands.
The Japanese-owned carmaker Nissan has announced it will make its entire product line available online in India.
La Redoute, France’s leading online channel for fashion and home products, is using ChannelAdvisor’s Marketplaces solution to sell its products internationally through Amazon and eBay.
According to the logistics company DHL, African e-commerce is set to boom this festive season. The German-owned company, which has significant operations in sub-Saharan Africa, said that people were already flocking to online retail stores to order Christmas gifts.
The Chinese e-commerce giant Alibaba has announced that it will invest HKD 2.8 billion (€265.6 million) in electronic appliance maker Haier to help it to create a nationwide logistics, distribution, and installation system.
According to Women’s Wear Daily (WWD), the publisher Condé Nast is to launch a new division devoted to international e-commerce. The joint venture between the US and International arms of the fashion-oriented publisher has appointed Franck Zayan, who currently heads the e-commerce function of Galeries Lafayette, to guide the development of its new business unit.