Business
US consumers see rising import costs as China tariffs take effect
US consumers may already be paying higher import fees as Trump’s China tariffs take effect, affecting shipping costs and major tech companies.
Business
AI agents transform e-commerce as Qeen.ai secures US$10M seed funding
AI startup Qeen.ai secures US$10M to revolutionise e-commerce with autonomous AI agents, enabling small businesses to scale without relying on ads.
Business
The fall of quick commerce: What went wrong in Southeast Asia?
Uncover the reasons behind quick commerce’s decline in Southeast Asia, from operational challenges to shifting consumer behaviour post-pandemic.
Business
Intel secures US$2.2 billion in federal grants for chip production
Intel secures US$2.2 billion in CHIPS Act grants to boost U.S. semiconductor manufacturing, with an additional US$5.66 billion pending disbursement.
Business
Alibaba sells Sun Art hypermarket chain for US$1.7 billion to refocus on e-commerce
Alibaba sells Sun Art for US$1.7 billion, marking a strategic shift to focus on e-commerce and cloud computing while exiting brick-and-mortar retail.
Business
FPT and Sitecore launch ON.E, an AI-powered e-commerce accelerator
FPT and Sitecore launch ON.E, an AI-powered e-commerce accelerator aimed at transforming digital commerce for retailers globally.
Business
Layoffs reshape Asia’s business landscape: From tech giants to e-commerce leaders
Mass layoffs in Asia's tech, e-commerce, fashion, and sports sectors raise questions about how businesses can balance profitability, operational efficiency, and employee welfare.
Business
Alibaba unveils a new AI model to boost translation for global e-commerce and communication
Alibaba unveils Macro MT, an AI model designed to improve translations for global e-commerce and bridge language barriers in trade and communication.
Business
17LIVE to launch innovative live commerce service to facilitate cross-border sales in Asia
Launching on 19 August 2024, "HandsUP Crossborder" by 17LIVE will connect businesses with top KOLs in Asia to streamline cross-border e-commerce.
