E-commerce
Shein’s global ambitions survive French store uproar
The e-commerce giant, whose model of high-volume, ultra-cheap fashion has upended traditional retailing, looks like it’s in France to stay
PDD, owner of Temu, fires dozens of workers after fistfight with China officials
Regulators had requested to see PDD’s transaction data
Coupang CEO fails to appear at South Korean parliamentary hearing on data breach
The data of more than 33 million Coupang customers was leaked
E-commerce firm Meesho notches US$8.8 billion valuation in blockbuster India debut
The country’s IPO fundraising in 2025 is expected to surpass last year’s record US$20.5 billion
South Korea police raid e-commerce giant Coupang over data leak
Personal information of 33.7 million customers had been leaked – almost two-thirds of the population
How AI is transforming Singapore consumers’ shopping habits
Study finds that shoppers want seamless shopping across multiple platforms and demand greater payment flexibility
Singapore consumer watchdog raps Courts, Prism+ for misleading website features
The watchdog urges consumers to review their shopping carts, verify payment amounts and question urgency claims
Retail investors push e-commerce platform Meesho’s US$604 million India IPO to full subscription
The company has raised about US$270 million from anchors including Government of Singapore ahead of its IPO
Amazon cuts seller fees in Europe in Shein, Temu price war
The move is focused first on lowering fees for sellers of cheap fashion
Amazon, Flipkart take aim at India’s banks with new consumer loan offerings
Interest rates on loans for consumer durables from traditional lenders typically range between 12% and 22%
