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News

Interview with b8ta founder and president Phillip Raub on building the platform for the future of retail

I spoke with Phillip Raub, founder and president of b8ta, the startup that's building a platform to build modern physical retail experiences on top of. B8ta has shown that the traditional mold of what a retail experience was can be broken and re-constructed successfully, and now some of the...


EU regulators want to make sure Amazon isn't undercutting sellers, commissioner says

Margrethe Vestager, the European Commissioner for Competition, told CNBC's Sara Eisen that one of her agency's primary goals in the Amazon investigation to protect consumers by ensuring competition and innovation. EU regulators are questioning Amazon merchants about whether the company is using seller data to its advantage by replicating...


L'Oréal China Sees Opportunity in Makeovers for Millions of Men

The Chinese arm of the beauty company is teaming with Alibaba to focus on China’s male-grooming industry....


Why Silicon Valley Should Fear Europe's Competition Chief

In an interview with WIRED's editor in chief, Margrethe Vestager says Amazon, Apple, Google, and other tech giants can’t use their success to harm rivals....


Myntra looks to start offline stores while Flipkart pumps in more money in India: last week in business

Flipkart aggressively vying for top sales in upcoming festive season. Ahead of the festive season, Flipkart is gearing up to fiercely compete with fellow retailer Amazon. Flipkart's Singapore entity has channelled Rs 34.63 billion into its main Indian e-commerce unit Flipkart Internet. Flipkart is aiming to at least secure...


Walmart India Launches Its 22nd Cash And Carry Store In Ludhiana

Walmart India a subsidiary company of Walmart Inc launched its 22nd Cash ... According to reports, the new store of Walmart is a B2B e-commerce ......


JD.com Pledges to Open 1000 High Tech Supermarkets Within Five Years

China's second largest e-commerce retailer JD.com is planning to open 1,000 online to offline supermarkets in the next three to five years, stepping up its competition with Alibaba and Tencent to dominate the mainland grocery business. Wang Xiaosong, CEO of JD.com, 7Fresh Supermarket unit declared the company's plan to...


Who Needs the US? Alibaba Will Make Its Own Computer Chips

In an effort to minimize dependence on US technology, China e-commerce and tech giant Alibaba announced this week it would be developing its own artificial intelligence chips for powering cloud computing and internet-connected devices. Alibaba and most other Chinese companies were apparently spooked by what happened to ZTE, which...


Interview with MPP Global SVP Melissa Pegus on subscription commerce, media business dynamics and workplace diversity

Melissa has an extensive background in e-commerce and subscription business models and currently a member of the senior executive team at MPP. Subscription commerce is a growing trend among brands and retailers and MPP helps companies with the payment as well as other aspects of the subscription mode. Subscription...


Interview with Michael Klein Director of Strategy at Adobe on Experience Cloud Developments, Conversational Commerce and more

In yet another fascinating conversation with Michael Klein Director of Industry Strategy at Adobe we discuss the Magento acquisition, a smaller voice acquisition and a lot moe key topics on how the world of retail, online and offline is changing. Adobe is one company you can bet will never...


Vegan meal delivery startup Allplants is served £7.5M Series A funding

Allplants, a London-based startup that delivers ready-made "Plant-based" meals, has raised £7.5 million in Series A funding. The round is led by VC firm Octopus Ventures, which was an early backer in healthy snack delivery company Graze. Allplants reckons it is the U.K.'s largest Series A round for a...


Neiman Marcus maps out 4-year growth plan

Neiman Marcus Group has a four-year plan to grow sales at its retail banners including Neiman Marcus, Bergdorf Goodman and La -More
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This California Billionaire Knows What Shoppers Want

Los Angeles-based real-estate mogul Rick Caruso operates some of the most productive shopping centres on the planet. What does he know that the rest of retail doesn’t?...


Another revolution for the offline retail world?

Travel agencies have been pronounced dead for decades - yet they still survive, and many thrive, an illustration of how much consumers still value the human touch in their travel planning. We now enter a new era of technology-led services, many of which are predicted to fundamentally change how...


On-demand warehousing ready to be a game changer

From Melbourne to Mumbai to Manhattan, it seems the entire supply chain is taking a crack at something new - on-demand warehousing. Who doesn't know that fairly successful e-commerce company that has been practicing on-demand warehousing for some time. If you don't have enough warehouse capacity for your inventory,...


What is Propelling the Growth of Blockchain Market in the Asia Pacific

The healthcare market using blockchain is expected to generate revenue around $1415 million by end of 2024 says a research report. 3 min read. A slew of investments in companies using blockchain technology is driving the growth of blockchain market of Asia Pacific region says the report by Global...


EU opens antitrust probe into Amazon over how the retailer uses data from smaller sellers

The European Union is looking into how Amazon handles data from smaller sellers in its marketplace. Regulators want to find out whether Amazon is using that information to gain an advantage for products the Seattle e-commerce giant sells directly. If, for example, Amazon discovers a hot new item from...


Facebook's stealth attempt to one-up Amazon — and restore faith in its stock

Facebook is betting that you won't be upset when your new shampoo arrives at your doorstep, whether or not you actually purchased it. Facebook would be entering a new space in the shopping universe, where AI and algorithms take the decision-making out of a customer's hands. Facebook sales increase...


It's Google v/s Alibaba in the Cloud Computing Gameplay in the Asia Pacific

3 min read. As the competition intensifies in the cloud computing space of the Asia Pacific region, two major giants Google and Alibaba are giving each other a tough battle in the market. With the latest releases of Google in the Google Cloud Summit in Singapore, the company announced...


Amazon's Nearly Done Investing Its Promised $5 Billion In India As Walmart Challenge Looms

Amazon Inc. has all but ploughed the amount it pledged to expand in India and fend off its local larger rival, the Walmart-controlled Flipkart. The world's largest e-tailer is nearly $600 million shy of meeting its investment target of $5 billion in the five years that it has done...