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The proposal, made available for public consultation by the State Administration for Market Regulation and the Ministry of Commerce, would change platform responsibility rules by adding regulatory measures alongside existing penalties.

China proposes expanding e-commerce law scope, platform rules

The amendments would further clarify the rights and obligations of participants in the platform economy

Musinsa plans to add storefronts in Malaysia, Vietnam and the Philippines this year.

Consumer & Healthcare

KKR-backed South Korea fashion retailer Musinsa ramps up Asia store push ahead of IPO

The company will accelerate its footprint abroad, targeting 100 stores in China by 2030 to challenge Uniqlo

The appointed platforms are Tokopedia, Sea’s Shopee, Alibaba-backed Lazada and Blibli, said Indonesia’s tax office.

Indonesia asks four e-commerce platforms to collect income tax from sellers

From Aug 1, the platforms must collect and pass on income tax on sales made by small- and medium-sized sellers

Shein has been preparing for the change by expanding warehouse space in Wroclaw, Poland, and shipping more products to the EU in bulk.

Global Enterprise

EU slaps 3-euro fee on cheap e-commerce parcels in blow to Shein, Temu, AliExpress

The move is another setback for platforms that used customs exemptions to sell goods at ultra-low prices

iHerb has a global workforce of more than 3,000 and serves over 15 million customers across more than 180 countries.

Consumer & Healthcare

Online retailer iHerb selects banks for US$500 million IPO this year: sources

The health and wellness company taps JPMorgan Chase, Morgan Stanley and Citigroup for the offering

Recent cuts at e-commerce platforms such as Shopee is signalling shifting business priorities.

Companies & Markets

E-commerce job cuts signal S-E Asia’s shift from scaling to deeper user engagement

The sector is maturing in the region, with players pivoting from scale to profitable growth

Lazada says it will treat affected employees in accordance with the applicable requirements based on the market they are in.

Companies & Markets

Lazada cuts about 5% of workforce, a sign of maturing e-commerce sector in S-E Asia

The layoffs are not due to any AI initiatives, BT understands

In the US, Sea is going after the lucrative and very competitive Gen-Z AI market.

Telcos, Media & Tech

Singapore’s Sea tests AI chatbot Migoo in quiet US foray

The project represents one of the company’s most significant steps into AI thus far

Alibaba’s aggressive offer underscores its determination to prevail in an intensifying battle between three giants of Chinese online commerce.

Consumer & Healthcare

Alibaba bids US$1.5 billion for China grocer in fight with Meituan

A Pupu sale to an industry leader may also draw Beijing’s attention

Alibaba shares fell as much as 5.9 per cent on Thursday (Jun 11) morning in Hong Kong, the biggest intraday decline in nearly three months.

Consumer & Healthcare

Alibaba, JD.com shares slide after Beijing slams price-cut promotions

The name-and-shame campaign marks the latest run-in between the market regulator and e-commerce juggernauts

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