Tag: E-Commerce

Top India court halt’s tycoon Mukesh Ambani’s retail deal: | Incredible Solutions Tech

The verdict is a win for Amazon which says Future Group’s sale to Ambani’s Reliance Industries violates its contract. India’s Supreme Court has barred a final ruling by a tribunal reviewing Future Group’s $3.4bn sale of retail assets until the top court hears objections from aggrieved partner Amazon.com Inc,...

Anti-trust crackdown: China issues new rules targeting tech | Incredible Solutions Tech

The rules are likely to pressure firms such as Alibaba, JD.com, Ant Group and Tencent which dominate e-commerce in China. China’s market regulator has released new anti-monopoly guidelines aimed at internet platforms, tightening existing restrictions faced by the country’s technology giants. The new rules, published on Sunday, formalise an...

Indian insider: Regulator bans tycoon from market for one year | Incredible Solutions Tech

The Securities and Exchange Board of India has banned Kishore Biyani and others for allegedly trading in shares of Future Retail ahead of the release of price-sensitive information in 2017. India’s markets regulator has banned a retail tycoon from accessing the securities markets for a year on charges of...

Alibaba: Uncertainty over China probe eclipses strong earnings | Incredible Solutions Tech

Alibaba Group Holding Ltd. offered investors few clues into how the regulatory crackdown on Jack Ma’s tech empire will impact its future growth after reporting a stronger-than-expected 37% increase in quarterly sales. The e-commerce giant has established a special taskforce to conduct internal reviews and is actively communicating with...

China’s Big Tech clampdown: Why some businesses stand to | Incredible Solutions Tech

Shenzhen, China – For Nicole Gao, Taobao Live is a lifeline. The Shenzhen-based businesswoman uses the live-streaming platform owned by Alibaba, China’s dominant e-commerce company, to sell beauty products such as facial masks, skin tightening creams, and moisturisers to online audiences of up to 30,000 at a time. That...