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China called on its technology giants to share key data, dealing a further blow to the companies already reeling from heightened antitrust scrutiny.
WARSAW (Reuters) - As Amazon sets its sights on central and eastern Europe, the e-commerce giant will need to convince long-time Allegro shoppers like Elzbieta Modrakowska to click away from the region's leading online marketplace.
The State Administration for Market Regulation accuses tech giants involved in community group buying of price dumping in a bid to dominate the market. The latest crackdown on Big Tech comes ahead of Beijing’s key political meeting known as the ‘two sessions’.
Bitcoin volatility rocks China’s graphics card market, pushing vendors to demand same-day purchases of dwindling supply
Demand for GPUs is surging amid a global chip shortage, with prices in Huaqiangbei, the world’s largest electronics market, changing along with bitcoin. GPUs, typically made for gamers, are useful for cryptocurrency mining, but the high energy consumption is frustrating China’s energy-saving push.
HONG KONG: One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd and Xiaomi Corp while some current heavyweights could face selling pressure, according to analysts and fund managers.
BENGALURU (Reuters) - Walmart-owned Flipkart will sell groceries online in more Indian cities, as it seeks to compete better with Amazon and Reliance in an e-commerce market that has grown rapidly during the COVID-19 pandemic.
Jumia Technologies AG is expanding in online food delivery as the pioneering Africa e-commerce business looks to grow beyond its main market of trading phones and electronics.
Highlights of last week’s stories – Genting, AirAsia, telecommunications, AMMB