4+ week, 2+ day ago   (1054+ words) Have e-commerce platforms become too powerful, and who ultimately pays the price? ON AUG 8, CCTV financial programme Dialogue aired its latest exclusive interview with Nongfu Spring founder Zhong Shanshan. The Chinese business magnate and former richest man was soon back…...

1+ mon, 3+ week ago   (1464+ words) The economics of e-commerce have changed in recent years amid rising marketplace commissions FOR a long time, South-east Asia’s e-commerce enablers rode the region’s online shopping boom by helping brands do one thing better than anyone else: sell on marketplaces....

2+ mon, 2+ day ago   (1247+ words) The once-flourishing expansion momentum enjoyed by homegrown brands in China has reversed following the Covid-19 pandemic [SINGAPORE] Singaporean F&B brands that once occupied China’s high-end shopping malls were symbols of consumption upgrade among China’s middle class. These days, however,…...

2+ mon, 3+ day ago   (1518+ words) It plans to grow AI-linked investments from 6% to 15% of its portfolio, says Temasek Global Investments’ CEO [SINGAPORE] As markets remain caught up in the latest hype over SpaceX and artificial intelligence, investment company Temasek has been quietly focused on tapping…...

2+ mon, 6+ day ago   (431+ words) L’Oreal, Nestle and Mondelez are among companies that have adopted the tech to create new offerings [VIENNA] French cosmetics company L’Oreal has used artificial intelligence to identify molecules in its skincare products that can be repurposed for use in shampoo;…...

2+ mon, 2+ week ago   (525+ words) [SINGAPORE] Singapore Post (SingPost) expects to see a “big drop” in low-value parcel volume to the EU after the three euro (S$4.40) customs duty becomes effective on Jul 1, as senders assess the impact on their shipping cost. This happened to…...

2+ mon, 2+ week ago   (336+ words) The video-game retailer will release additional materials regarding its proposed buyout of eBay this week [NEW YORK] GameStop chief executive officer Ryan Cohen withdrew a bonus plan that could have paid him as much as US$35 billion so that his…...

3+ mon, 21+ hour ago   (818+ words) Low-value imports to the UK tripled between 2021 and 2024 MORE cheap parcels exported from China are flowing into the UK than rival European economies, undermining British retailers that want the government to accelerate a promised crackdown. Chinese export data shows US…...

4+ mon, 5+ day ago   (414+ words) He has put up personal items, including a pair of socks, to fund his US$56 billion bid for the platform [TEXAS] GameStop CEO Ryan Cohen said his eBay account was suspended following a publicity stunt in which he listed a…...