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Saudi's new e-commerce law to accelerate USD21 bn market growth

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01-Jun-19 A new e-commerce law passed by the Saudi Cabinet is set to accelerate the kingdom’s online retail market. "The clarification of requirements for overseas companies selling into the Kingdom is especially welcomed," said Muhammad Anam Saleem at law firm Eversheds. [image: Reuters / Faisal Al Nasser]

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Major e-commerce players have stalled in Brazil

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18-Jun-19 The rising tide of international e-commerce has been slow in fully spreading throughout Latin America’s biggest market, but Brazil's e-commerce market is now thriving. Mercado Livre is the country leader, with Amazon now putting on the pressure. [image: Admitad Report]

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Alibaba invests USD100m in Russian e-commerce

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09-Jun-19 China’s e-commerce giant Alibaba and Russia’s RDIF sovereign wealth fund will each invest USD100 million in a Russian joint venture, and Alibaba will contribute AliExpress Russia into the joint venture. This consists of Alibaba's Russia-based domestic and cross-border operations. [image: Retail News Asia]

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Chinese cross-border e-commerce: Top 3 growing platforms

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03-Jun-19 Chinese cross-border e-commerce is growing and Chinese consumers are becoming more aware of international brands, especially for healthcare, baby products, food supplements and skincare. Kaola, Mia.com and Little Red Book are three top booming platforms. [image: cifnews]

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SoftBank leads USD200 mn investment in Indian online grocer Grofers

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15-May-19 Indian online grocery delivery start-up Grofers has secured USD200 mn from investors led by SoftBank’s Vision Fund, in the USD100 bn investment vehicle’s latest bet on India's technology sector. Grofers claims to have achieved annual revenue of USD400 mn. [image: Reuters / Issei Kato / File Photo]

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