Mesho, an India-based e-commerce company, announces an 11-day mental health leave for all employees. The days off begin on October 22 and end on November 1. The company had previously revealed a working model in which employees may receive unlimited mental health absences. India-based e-commerce company announces 11-day mental health leave for all employees for … Read more
The app has already gained a lot of attention as one of the best places to watch short videos. It’s trying harder now to make a name for itself in e-commerce. TikTok says the new formats will accentuate product features across screens. TikTok wants to be known for how many kinds of people use it. … Read more
The position of Amazon.com is outstanding according to Germany’s antitrust watchdog. Amazon disagreed with the Cartel Office’s analysis and that it would consider all options. The entire proportion of e-commerce in German retail sales will be 14.7% in 2021. The position of American e-commerce giant Amazon (AMZN.O) is of outstanding, cross-market importance for competition, according … Read more
Amazon’s tactics that influence sellers on its domestic marketplace may be anti-competitive. Britain’s CMA announced it had begun an investigation into the matter. Amazon will actively cooperate with the CMA during its inquiry, a spokesperson said. Because of worries that the American internet giant was undermining competition by giving its own merchants an unfair edge … Read more
Adoption rate of the Metaverse is comparable to that of artificial intelligence five years ago. As the Metaverse continues to absorb everyday life Eric Hazan, Metaverse is comparable to Web 2.0 in 2004 McKinsey & Company, a global management consulting firm, has released a new report estimating that the Metaverse will be worth $5 trillion … Read more
When Jak discovered Etsy, an online marketplace for small merchants to sell handmade things, it seemed like the perfect match: a software platform for small traders to sell handcrafted items that promised to be a creative outlet as well as a lucrative business. Five years later, Jak is one of thousands in open rebellion against … Read more
LAHORE: The registered packaging companies are estimated to worth Rs20 trillion but their market share is merely 30 per cent of the total volume. At least 70 per cent of the local packaging requirements are fulfilled by the informal sector, depriving the national exchequer of the much-needed revenue, besides enhancing difficulties for the registered companies. … Read more
The outbreak of Covid-19 pandemic and the restrictions imposed by the governments on the movement of the people and goods compelled the companies to shift towards innovative solutions by adopting high-tech business practices. Similarly, the Pakistan government also took several initiatives to shift towards the fast growing digitalisation by promoting e-commerce, teleconferencing, remote working, paperless … Read more
Despite having relatively low internet penetration, Pakistan is already home to over 30 million active shoppers. With the new government plans to expand internet access and the number of online shoppers growing at rapid rates, the country could soon become home to one of the world’s largest e-commerce markets, according to a research report. E-tail, … Read more
Prime Minister Imran Khan is set to address E-Commerce Pakistan Convention in Islamabad today as Senator Faisal Javed Khan announced the news in a series of tweets on Monday. He said that Pakistan witnessed an exponential growth in the e-commerce sector in the recent past, which would also help attract international payment gateways offer through … Read more
Kuala lumpur – Region’s internet economy on track to hit $1t as e-commerce, logistics boom Southeast Asia is embracing its “digital decade” with the region’s internet economy expected to soar on the back of a fast-growing base of digital consumers and merchants. A report released by Google, Temasek and Bain & Company said Southeast Asia … Read more
KARACHI: Habib Bank Limited (HBL) and Daraz have partnered to enable UnionPay cardholders to conduct e-commerce transactions from Daraz online marketplace, a statement said on Monday. With this enablement, UnionPay cardholders can now perform seamless and secure transactions on Daraz, it added. HBL digital channels and solutions head Kamran Mehdi Jaffery commented, “HBL empowers its … Read more
LAHORE: Despite considerable economic growth due to the easy market access in the post-pandemic scenario, e-commerce in Pakistan still remains far below its potential, market players and e-retailers said. The digital economy boomed during the Covid-19 crisis. As people embraced social distancing, they turned to online shopping more than ever before. The market share of … Read more
SAO PAULO: Clapping their hands, ringing bells and yelling at the top of their lungs to find the right recipient, delivery workers for Brazilian startup Favela Xpress dare to go where traditional companies won’t: the slums. The firm launched in April in Paraisopolis, Sao Paulo’s second-biggest ‘favela’, a sprawling shantytown of 100,000 people with a maze … Read more
BEIJING: The third BRI Sino-Pakistan Agriculture Forum, organised by Huazhong Agricultural University, kicked off in Wuhan, China. Around 100 experts from agricultural institutes of China and Pakistan participated in the forum online and offline. Pakistan’s Ambassador to China Moin Ul Haque, counselor of the Chinese Embassy in Pakistan Xie Guoxiang and deputy director of Foreign … Read more
BEIJING: Himalayan salt rock from Pakistan is becoming known to a growing number of Chinese consumers as edible salt. In recent years, salt rock products such as Pakistan salt lamp, bath salt, and salt rock plate used for steam sauna have also become popular in China. “Through the e-commerce platform, the sales of our related … Read more
BEIJING: China’s largest e-commerce group Alibaba said on Monday it is appointing a new chief financial officer and reorganising its e-commerce businesses, amid a regulatory crackdown in the technology industry, Arab News reported. The company said in a statement that Toby Xu will succeed Maggie Wu as its new CFO from April 1, 2022. Xu joined Alibaba … Read more
ISLAMABAD: The government plans to increase e-commerce trade volume up to $9 billion in the next two years by June 2023, an official said. There are already conflicting figures in Pakistan’s e-commerce trade; however, with the current trade of $4.5 billion, “we can take it up to $9 billion,” Special Assistant to the Prime Minister … Read more
