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Latest Articles in e commerce giant

Amazon Seller Services Gets Fresh Fund Infusion Of Rs 915 Cr

Amazon has been pumping billions of dollars into various operations like marketplace, wholesale and payments business as it looks to strengthen its position in the Indian market.

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Amazon Moves SC Against Delhi HC Stay Order Restraining Future Retail Deal With Reliance

Future Group and Amazon have been locked in a battle after the US-based company took FRL into the emergency arbitration over alleged breach of a contract between them.

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Ant Group Publishes Financial Self-Discipline Rules Amid Tougher Chinese Scrutiny

Chinese regulators have tightened their grip on fintech companies, amid concerns over systemic financial risks brought by the financial empire affiliated to China's e-commerce giant Alibaba Group.

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Emerging Europe.Com Bolsters Defences As Amazon Enters Poland

Allegro has a 33% share of the e-commerce market, with Alibaba Group's AliExpress at 3.6% and Amazon at 1.3%

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China Tech Firms Look To Bolster Legal Defence Amid Regulatory Crackdown - Sources

Companies including Alibaba, Tencent, Meituan, Baidu and ByteDance are hunting for dozens of legal and compliance professionals, according to the people and a Reuters review of their job postings.

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India's Future Group Shares Soar After Court Lifts Hold On Reliance Deal

Shares of Future Retail rose nearly 10% to 80.50 rupees in early trade, while Future Consumer, Future Enterprises and Future Lifestyle Fashions gained between 8.2% and 9.9%.

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Ant Group Reaches Deal With China Regulators On Restructuring

Chinese regulators have since warned Ant and the wider technology industry that they intend to impose tighter regulations, reversing a once laissez faire approach they took towards the sector and internet finance platforms.

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Indian Shares Retreat From Record Highs As Reliance Drags

Shares of Future Retail dropped 5% after an Indian court blocked Future Group's retail asset sale to Reliance Industries on objections raised by e-commerce giant Amazon.com Inc.

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Alibaba Plans Up To $5 Billion US-Dollar Bond Issuance - Term Sheet

Investor response to the deal will test sentiment towards Alibaba amid a regulatory heat for founder Jack Ma's business empire, triggered by a speech in late October in which he publicly criticised the country's regulatory system.

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Amazon Lays Off Staff At Prime Air Drone Project

The U.S. retailer has been working on a plan to deliver goods to millions of its customers by using a fleet of unmanned drones, and had received federal approval in August to begin testing commercial deliveries in the country.

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Alibaba Records Billions In Sales As China's First Post-Virus Singles' Day Kicks Off

Alibaba launched the annual online blitz early this year, with two primary discount periods taking place from Nov. 1 through Nov. 3 and again on Nov. 11.

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Alibaba's Ant Plans Hong Kong IPO, Targets Valuation Over $200 Billion, Sources Say

Although valued at about $150 billion in its last funding round in 2018, small trades in the secondary market late last year gave it an implied valuation of $200 billion.

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