Author: admin
Growth stages of Taobao townsAs shown in Fig. 1, with 2009 as the cut-off point, the Taobao platform focused on urban development before then, while it gradually began to focus on the development of rural e-commerce thereafter. Since 2009, when three Taobao villages were identified, the scale of Taobao villages’ development has gradually stabilized, and the operation mechanism has been improved, laying a solid foundation for the formation and development of Taobao towns and providing a development path to be learned from. With 2017, and 2019 as the time node, the development history of Taobao towns can be roughly divided…
dotCommerce by MerchantPro: E-commerce Industry Leaders Share Perspectives in Front of Nearly 500 GuestsMerchantPro, a SaaS solutions platform for e-commerce, hosted the second edition of the dotCommerce Digital Retail Forum, already a benchmark event for the e-commerce industry, on June 11. dotCommerce brought together online commerce experts, opinion leaders and professionals to discuss the latest trends and successful strategies in this dynamic field. Digital Retail Forum 2024 took place at Terra Events in Bucharest and attracted around 500 participants. “The concept of this series of events is precisely to bring together, on the one hand, online stores interested in new…
These are the 10 largest companies in the world by trailing 12-month revenue (TTM), spanning a wide range of industries. This list is limited to companies publicly listed in the United States or Canada, either directly or through American Depositary Receipts (ADRs). Some foreign companies report semi-annually, so there may be a longer lag time. Of note, two other companies that were expected to be added to the list were Saudi Arabia's state-run oil company Saudi Aramco and China's state-run power company State Grid. These companies were excluded because they are not publicly traded in the U.S. or Canada. All…
OpenAI's former chief scientist Ilya Sutskever has revealed his next major project after leaving the AI research company he co-founded in May. The three, along with fellow OpenAI alumnus Daniel Levy and former Apple AI lead Daniel Gross, founded Safe Superintelligence Inc. (SSI), a startup focused on building safe superintelligent systems. The formation of SSI follows the brief dismissal of OpenAI CEO Sam Altman in November 2023, a situation in which Sutskever played a central role and later expressed regret. In a message on the SSI website, the founders said: “We are approaching safety and capacity in parallel as technical…
The government has been on high alert over the possible entry of Chinese e-commerce platform Temu, alleging that it could undermine local micro, small and medium-sized enterprises (MSMEs) and disrupt the country's supply chain.Temu's business model of selling products directly from factories to consumers appears to contradict Government Regulation No. 29/2021 on trade, said Issi Karim, director general of the domestic trade department at the Ministry of Trade. “Factory-to-consumer sales are not in line with our policy. Any activity from factory to consumer requires an intermediary, a distributor,” Ishi said on Wednesday as quoted by CNN Indonesia. He vowed to…
The government has been on high alert over the possible entry of Chinese e-commerce platform Temu, alleging that it could undermine local micro, small and medium-sized enterprises (MSMEs) and disrupt the country's supply chain.Temu's business model of selling products directly from factories to consumers appears to contradict Government Regulation No. 29/2021 on trade, said Issi Karim, director general of the domestic trade department at the Ministry of Trade. “Factory-to-consumer sales are not in line with our policy. Any activity from factory to consumer requires an intermediary, a distributor,” Ishi said on Wednesday as quoted by CNN Indonesia. He vowed to…
One-stop shop survey highlights need for all-in-one support for startupsHave you ever felt like you had too much work to do at your startup and not enough time to work on it?Entrepreneurs are notoriously time-poor, and having to worry and decide where to delegate their limited time, resources, and cash is likely a major obstacle to productivity.But a new survey of more than 3,500 small business owners conducted by small business support community Enterprise Nation shows that having access to everything they have to offer in one place – support, resources, training programs and more – is extremely valuable.Last year,…
(Representative image)Amazon said on Wednesday it would invest an additional 10 billion euros ($10.7 billion) in Germany, most of it in cloud computing, marking the U.S. tech giant's latest major investment in Europe. A total of 8.8 billion euros will come from Amazon's cloud computing division AWS and be invested in southwestern Germany by 2026, with the rest going into logistics, robotics and corporate offices.The investment comes on top of the 7.8 billion euros AWS announced last month to build a “sovereign cloud” center in Germany. The first sovereign cloud complex will be located in the state of Brandenburg and…
During this year's mid-June 18 shopping festival, several e-commerce platforms in China recorded record transaction volumes, reflecting growing consumption potential and robust economic momentum. E-commerce platform JD.com said in a statement to the Global Times on Wednesday that 83 brands had accumulated transactions of more than 1 billion yuan ($137.8 million) during the shopping festival, and more than 150,000 small and medium-sized merchants saw a 50 percent increase in sales. New energy products saw robust growth, with transaction volumes for electric vehicle charging stations up more than 120 percent year-on-year. Transaction volumes for artificial intelligence (AI) hardware products, including AI…
The Nigerian health sector remains grossly underfunded among several other challenges and fragmentation among health stakeholders results in the lack of a truly national/integrated framework for health service delivery.A recent Knight Frank report estimated that Nigeria would need to invest about $82 billion in healthcare assets to reach the global average. Healthcare organisations continue to struggle with their day-to-day operations due to a myriad of constraints and process inefficiencies.The above is the backdrop against which this latest groundbreaking public-private partnership initiative driven by the Lagos State Government was launched with a view to positioning Lagos, Nigeria’s largest economic hub, as…