According to a Reuters article from earlier this year, more than one-quarter of all Amazon sales for third-party sellers on the platform were cross-border transactions. Leveraging its supply chain infrastructure, brand recognition, and international customer service operations, Amazon is able to provide sellers with a level of support that makes selling internationally nearly as […]
Tag: #2018-2
Amazon has more than 40 product categories shown in their website and they continue to expand into grocery market (Amazon acquiring Wholefoods) and create their own house products. This retail giant is the largest online retailer in the world measured by revenue and market capitalization and second largest after Alibaba Group in terms of total […]
The US, Japan, and Singapore are among nearly a dozen World Trade Organization (WTO) members that are pushing for international e-commerce regulations. The US has specified that the agreement should cover the free flow of information, digital security, fair treatment of digital products, trade facilitation, protection of proprietary information, and facilitation of internet services. At […]
Earlier this month, the UN International Maritime Organisation (IMO) reached an agreement to reduce carbon emissions in the shipping industry by 50% from 2008 levels by 2050. The implementation strategy for this plan is not expected to be finalized until 2023 and it has been suggested that it may be subject to review in 2028. […]
Facebook acquired Ozlo to help boost its online chatting application (Messenger) ability to help its users and predict their needs via Ozlo’s AI technology. Facebook’s Messenger already are gearing towards understudying the users via a series of virtual assistants, Facebook look to increase that capabilities with Ozlo’s technology. Facebook’s Messenger app earlier this year rolled […]