A small town in Bavaria creates an online marketplace to inject new life into its brick-and-mortar shops.
Chinese shoppers have spent more than $30 billion online during the annual shopping binge, breaking last year's record. The massive spending comes despite an ongoing trade war with the US.
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.
Nobody fanned the flames of entrepreneurship in China more than Jack Ma, the legendary chairman of e-commerce giant Alibaba. Now he's stepping down, and DW's Frank Sieren says that's good for the company.
The founder of Alibaba, Jack Ma, has announced he will step down next year, handing over the reins at the Chinese e-commerce giant to Daniel Zhang — the current chief executive, who some believe will usher in a new era.
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