News Events

Amazon quarterly profit triples as online sales boom

Tech and e-commerce colossus Amazon on Thursday reported that its profit in the recently ended quarter tripled as online sales boomed.

Pandemic boosted e-commerce in 2020: UNCTAD

The Covid-19 pandemic provided a boost for e-commerce last year, but the digital windfall was not enjoyed equally across the board, a UN study found Monday.

BSP rolls out person-to-merchant digital payment system

The Bangko Sentral ng Pilipinas has launched the person-to-merchant (P2M) payment system using the national QR code in line with its goal to speed up the country’s transition from a cash light environment.

Palace backs taxing online sellers, but those earning P250K below are exempt

While it supports the Bureau of Internal Revenue’s (BIR) directive to online sellers to settle their taxes, Malacañang on Thursday said those earning below P250,000 yearly are exempted from paying taxes.

Transforming Asian E-Commerce and Digital Marketing. Together

Its official- eTail Asia is back for its 8th edition from 4-6 August 2020. Held in the incredible and luxurious Equarious Hotel at Resorts World Sentosa, our Asia Summit will be the biggest show yet. Join over 650+ attendees from Singapore and the surrounding Asia region to bring the future of eCommerce and Digital Marketing […]

Jack Ma Ends 20-Year Reign at Alibaba With $41.8 Billion Net Worth

Jack Ma is giving up the reins of Alibaba Group Holding Ltd. after presiding over one of the most spectacular creations of wealth the world has ever seen.

Former Snap exec Imran Khan takes aim at Amazon as retail site Verishop goes live

A new retail website, called Verishop, is going live Tuesday, with the goal of bringing “joy back to online shopping,” as it goes head-to-head with platforms like Amazon.

How to Start Your Own E-Commerce Business in the Philippines

Over the last few months, news has been inundated with reports of several large retail stores in the US closing down or shuttering outlets.

Amazon, Walmart face hit from new India e-commerce rules

Traditional traders and local players rejoiced Thursday at new e-commerce rules imposed by the Indian government on global giants such as Amazon and Walmart which analysts said could force them to rethink their Indian operations.

China’s Tencent, KKR seal $175 million investment in Voyager

Telco giant PLDT Inc. today announced the closing of the $175 million investment by Chinese internet conglomerate Tencent Holdings and global private equity firm KKR in Voyager.

News and Events