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Keywords: Commerce
China’s market regulator has released draft rules aimed at tightening control over subsidy practices in the country’s highly competitive food delivery sector, as authorities move to address intensifying price wars among major platforms. The State Administration for Market Regulation (SAMR)......
The United Kingdom’s competition regulator has opened an investigation into eBay’s acquisition of the fashion resale platform Depop, a deal previously completed between major players in the online marketplace sector. The probe will assess whether the purchase, valued at around $1.2 billion,......
Temu, the Chinese online shopping platform that has rapidly gained millions of users through aggressive discounts and viral marketing campaigns, is facing growing scrutiny in Europe after receiving a €200 million penalty from the European Commission. The sanction reflects increasing concern among......
China has confirmed that it is currently engaged in negotiations with the European Union regarding new restrictions imposed on duty-free steel imports. According to a spokesperson from China’s Ministry of Commerce, the discussions are taking place under the framework of the World Trade Organization......
India’s long-awaited free trade agreement with the United Kingdom has encountered new challenges ahead of its expected implementation, following recent British measures aimed at tightening steel import regulations. Indian Trade Secretary Rajesh Agrawal stated that both countries are close to finalizing......
The government of Brazil has decided to eliminate a tax on low-value international online purchases, marking a significant shift in its e-commerce and consumer policy ahead of upcoming elections. President Luiz Inácio Lula da Silva отменated the levy, which had previously imposed a 20% charge......
Alibaba Group reported a rise in quarterly revenue, driven by strong performance in its cloud computing and artificial intelligence divisions, alongside steady growth in its e-commerce operations. The Chinese technology giant posted a 3% increase in revenue for the fourth quarter, supported by expanding......
Alibaba reported fourth-quarter revenue of 243.38 billion yuan for fiscal year 2026, marking a 3 percent year-on-year increase but falling short of market expectations of around 246.5 billion yuan. The result highlights continued pressure from heavy investment in artificial intelligence infrastructure......
China’s Ministry of Commerce announced that it has taken legal measures to block sanctions imposed by the United States on five Chinese oil refineries, escalating tensions between the world’s two largest economies. According to official statements reported by state media, the decision aims......