Competition and Industry News
E-commerce firms’finance foray a quest for more user dataedit
The quest to acquire the broadest possible user data is driving e-commerce and technology firms into strange waters. Early last month, one of the world’s largest technology companies — Apple — announced that it was launching a credit card in association with Goldman Sachs. A few months earlier, e-commerce giant Amazon had entered into a similar partnership with ICICI Bank in India to launch a co-branded credit. Now, reports say that Indian e-commerce players like Flipkart and Ola are likely to follow suit.
Publication: The New Indian Express
Date: May 04, 2019
AmazonE-commerceFlipkartEcommerce on agenda at Delhi WTO meetedit
E-commerce negotiations at the multilateral level will be a key area of talks at the informal World Trade Organization (WTO) ministerial meeting which will take place in Delhi later this month. At the informal ministerial, at least 20 developing countries and least developed countries will discuss how realistic it is to assume that they can “effectively and meaningfully influence” the outcome of negotiations on free flow of data across borders, server localisation and source code disclosure.
Publication: The Economic Times
Date: May 04, 2019
E-commerce