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US Lobby Asks India Not To Revise Its Global eCommerce Regulations

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lobbying organization representing companies like Walmart and Amazon has asked India not to strengthen eCommerce mandates for companies outside of the country, Reuters reported on Friday (Jan. India currently permits international eCommerce platforms to link buyers and sellers. 29), citing a letter. Local retailers have accused U.S.

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Malaysian eCommerce Firm Takes 7-Figure Stake In BizApp

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Commerce.Asia, an all-in-one eCommerce and technology company, has purchased a 30 percent stake in business platform BizApp, which helps businesses and brands manage daily operations and order fulfillment, according to a report by DealstreetAsia. The deal is reportedly around seven figures in terms of ringgit, Malaysia’s monetary unit.

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Office Depot Turns To B2B, eCommerce To Boost Revenues

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In an effort to boost revenue after disappointing Q4 earnings, Office Depot is turning its attention to business-to-business (B2B) and eCommerce, according to reports. Office Depot is changing tactics in 2020, leveraging its strength in catering to businesses, schools, healthcare organizations and government agencies.

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Veteran Exec Stresses Simplicity In New eCommerce Platform

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Instead, it leverages the headless concept, which allows retailers to build and scale their operations with minimal coding or other technology. Meanwhile, the large retailers invest in their own proprietary systems, widening their advantage in data, speed, pricing and convenience.

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FinTech MatchMove To Acquire Stake In eCommerce Firm Shopmatic

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FinTech firm MatchMove has struck a deal to acquire a “strategic stake” in eCommerce solutions company Shopmatic, according to reports. Shopmatic said in an announcement that it would “leverage the MatchMove reach and network to originate new customers as well as accelerate our platform growth across the region.”

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iPrice Group Notches $10M In Series B Investment

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With a round led by ACA Investments, comparison shopping platform iPrice Group has notched $10 million in Series B funding. The round also came with participation from Daiwa PI Partners as well as returning investors Asia Growth Fund, Mirae Asset-Naver, and Line Ventures, according to reports. It now purports to bring together over 1.5

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Postscript Gets $4.5M To Help eComm Firms Leverage SMS

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Accomplice led the investment round, which was also backed by Wufoo Co-founder Kevin Hale and Kayak Co-founder Paul English, among others, according to reports. . The eCommerce companies that have a new product coming to market, and want to tell their most frequent shoppers about it first, can put a message onto the dashboard of Postscript.