The online retail market in India is growing at a huge rate – and it’s highly competitive. International companies like e-commerce giant Amazon are hoping to expand operations.
The German cabinet has approved a draft law which would oblige online marketplaces such as eBay and Amazon to collect sales taxes for transactions involving foreign sellers.
Facebook has beaten Sony for rights to stream matches of Spain's top football league in the Asian subcontinent — for free. The deal marks the company's latest foray into online sports streaming.
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.
Five years after entering the Indian e-commerce industry, Amazon dominates the market alongside domestic retailer Flipkart. But that could change with the impending arrival of Walmart. Vasudevan Sridharan reports.
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