JD.com hires Bank of America for Hong Kong listing
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Chinese ecommerce platform JD.com has hired Bank of America and UBS to work on a second listing in Hong Kong. The listing could happen as early as mid-2020, according to…
French regulator hands Apple £1bn fine for anti-competitive behaviour
The French Competition Authority on Monday announced it will fine Apple EUR 1.1 billion (GBP 1 billion) over restrictions it placed in contracts with wholesalers. In the biggest antitrust fine…
Amazon sets out on 100,000-person recruitment drive to fulfil surge in online orders
Amazon will hire 100,000 warehouse and delivery drivers in the US to deal with the huge surge in online orders. With the spread of coronavirus, consumers are turning to online…
Ocado and Waitrose face backlog of online orders
Unprecedented levels of customers deciding to carry out their shop online instead of visiting the supermarket have left the UK’s online retailers backlogged with orders. Ocado has been resorting to…
Amazon names new UK finance chief
Change at the top for Amazon as its former Amazon European finance chief for fashion, Jeremy Martin, is named new UK finance chief. Martin replaces Jeff Stauber, who will move…
Samsung, Apple switch AGM voting and annual developers conferences online
Big tech firms will be putting their digital capacities to the test in the next few weeks as employees switch to working from home and social distancing measures. Samsung Electronics…
Amazon struggles under Whole Foods delivery demands
Even online giant Amazon isn’t immune to the staggering demand of consumers looking to stockpile in the wake of a spreading coronavirus, according to Bloomberg. On Sunday the retailer confirmed…
Jack Ma donates 2 million masks to Europe
Alibaba founder Jack Ma has pledged to donate two million protective masks across Europe. The Chinese billionaire announced on Friday that a cargo plane loaded with 500,000 masks and other…
Apple reopens all 42 China stores after coronavirus closures
Apple has reopened all of its stores in China after concerns over the coronavirus forced the tech giant to shut up shop. Apple closed all of its retail stores and…
Amazon names first business to adopt Just Walk Out tech
Airport retailer OTG is the first retailer to adopt Amazon’s Just Walk Out technology. The first store, a CIBO Express Gourmet Market, is planned to open next week at Newark…