A social commerce group analysed prices for goods offered on Amazon across the globe. 240 different products were compared to calculate an average price.
US internet behemoth Google has announced it's investing half a billion dollars in China's second-largest e-commerce company, JD.com. The move is meant to expand its retail services around the world.
Four international online retail giants have promised to remove products that have been labeled dangerous by the EU within two days. It is part of the bloc's drive to make online shopping safer.
Its headquarters was once the tallest building in the world, but Sears’ heyday is now far in the rearview mirror as it files for bankruptcy. The rise of e-commerce has hastened its demise and its future is uncertain.
Donald Trump has renewed his criticism of Amazon, claiming it pays "little or no taxes to state and local governments." The online giant is "putting many thousands of retailers out of business," the president tweeted.
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