A social commerce group analysed prices for goods offered on Amazon across the globe. 240 different products were compared to calculate an average price.
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.
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.
Central bankers around the world are puzzled by the lack of inflationary pressures despite decent economic growth. Some of them are now blaming the so-called Amazon effect for the phenomenon.
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.
© 2018 Deutsche Welle |
Legal notice |
| Mobile version