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Chinese government is going after Alibaba

Chinese government is going after Alibaba

China hits Alibaba with record $2.8 billion fine China slapped a record $2.8 billion fine on Alibaba Group Holding Ltd. after an anti-monopoly probe found it abused its market dominance. The Chinese government launched an investigation into Alibaba in December to...
What is fuelling the rise of Chinese sellers on Amazon?

What is fuelling the rise of Chinese sellers on Amazon?

75% of new sellers on Amazon are from China China-based sellers represent 75% of new sellers on Amazon in 2021, according to a report by Marketplace Pulse. This marks a significant increase from 47% in the previous year. While this hasn’t yet impacted the GMV (gross...
Amazon paves way for third-party delivery

Amazon paves way for third-party delivery

Amazon will probably have its own airline soon Amazon’s aircraft fleet is going to double in size in the coming months, potentially expanding into an airline and hauling third-party shipments. Amazon’s air cargo fleet is a critical part of the company’s strategy to...
Meet Andy Jassy, the next CEO of Amazon

Meet Andy Jassy, the next CEO of Amazon

Who is Andy Jassy, Jeff Bezos’ successor? The decision to name Andy Jassy as the new Amazon CEO completes the shift from a retailer to a tech company in the key areas, including cloud and artificial intelligence Jeff Bezos has announced he will be stepping down as the...