Author: admin

Inishbofin is a tiny island off the west coast of Ireland with a population of around 170 people. Its main industries are agriculture, fishing and tourism, but the island is also experiencing a quiet technological revolution. Once thought of as the sole preserve of big cities and tech hubs, artificial intelligence (AI) is now seeping into rural Ireland, empowering local people with cutting-edge tools to boost their businesses and protect traditional crafts. This is all part of Microsoft's ambitious “Skill Up Ireland” initiative, which aims to give everyone in Ireland the opportunity to learn AI skills. The program partners with…

Read More

Inishbofin is a tiny island off the west coast of Ireland with a population of around 170 people. Its main industries are agriculture, fishing and tourism, but the island is also experiencing a quiet technological revolution. Once thought of as the sole preserve of big cities and tech hubs, artificial intelligence (AI) is now seeping into rural Ireland, empowering local people with cutting-edge tools to boost their businesses and protect traditional crafts. This is all part of Microsoft's ambitious “Skill Up Ireland” initiative, which aims to give everyone in Ireland the opportunity to learn AI skills. The program partners with…

Read More

Ariana McLemoreNEW YORK (Reuters) – New European Union rules tightening scrutiny of intellectual property rights could lead to increased trademark scrutiny of a wide range of products, including $5 Shein shirts, $20 dresses and $15 shoes.China-founded e-commerce giant Shein is moving ahead with an IPO in London after EU digital rules coming into force at the end of August will require Shein to prohibit listings of products that infringe intellectual property rights and to stop listing and selling counterfeit goods to its 108 million monthly active users in the region.Shine faces more than 90 lawsuits alleging it stole other companies'…

Read More

Minister of State for Consumer Affairs Nidhi Khare on Tuesday warned e-commerce companies against adopting deceptive user interface designs known as “dark patterns”, saying such practices violate consumer rights and amount to unfair trade. The Ministry of Consumer Affairs defines dark patterns as deceptive UI/UX designs on platforms that mislead users into unintended actions, undermine consumer autonomy and decision-making, and constitute misleading advertising and unfair trade practices. Read: Government bans 'dark patterns' on e-commerce platforms, issues guidelinesAccording to an official statement, during a session with stakeholders, Khare highlighted various ways in which online platforms can refrain from using designs that…

Read More

Indonesia's e-commerce market is forecast to exceed US$53 billion (Rp866 billion) by 2025, reflecting growing consumer confidence in online shopping and improving digital payment systems. The world's third-largest e-commerce market after China and the United States, Indonesia's growth is driven by rising per capita income, expanding internet access and urbanization. According to the LEK Consulting report, 96 percent of Indonesia's population owns a mobile phone and 76 percent have access to the internet. Furthermore, more than 65 percent of the population is under the age of 44, indicating a high propensity for impulse buying. These demographic trends and shopping behaviours…

Read More

(Representative image)California labor regulators have fined online retailer Amazon.com Inc $5.9 million for failing to properly inform workers of productivity quotas at two warehouses, including one where some workers are trying to unionize. California Labor Commissioner Lilia Garcia Brower's office announced the fines, which were imposed in May, on Tuesday. California's 2022 law requires employers to explain quotas in writing to workers if they face disciplinary action for not completing work at the required speed. Commissioners said Amazon violated the law nearly 60,000 times in the five months through March at its giant warehouses in Moreno Valley and Redlands, outside…

Read More

YNAP China's collapse highlights the problems facing luxury e-commerce more broadly. Coupang announced it would cut Farfetch's workforce by 30% since rescuing the company in December. Matches Fashion's collapse in March cast a huge cloud over the industry.Meanwhile, industry sources say Feng Mao plans to scale back operations in China, settle all outstanding debts, and treat employees fairly, but YNAP's China dream is now completely over.Chinese consumers have money, but they expect concierge serviceNishta Mehta, change agent at Collabo Central Consulting in Shanghai, said the problem could be simplified by the weakness of the Chinese consumer. China's household savings rate…

Read More

Three retail executives share their views on the rapid growth of technology-driven e-commerce at the Retail Asia Forum. E-commerce is expected to continue growing rapidly in Indonesia, with a GlobalData report predicting the market will grow by 15.5% in 2024 due to a shift to online shopping. The market is forecast to grow 18.3 percent to reach $37.6 billion (IDR 573 trillion) in 2023 and $43.4 billion (IDR 661.9 trillion) this year, indicating the growing popularity of e-commerce among Indonesians. This trend was acknowledged by Indonesian E-Commerce Association (idEA) vice president Budi Primawan, who noted that Indonesia's e-commerce landscape continues…

Read More

Chairman of the National Assembly's Committee on Finance and Budget, Le Quang Manh, speaks at a meeting on June 18, 2024. Photo by VnExpress/Hoang Phuong Lawmakers proposed imposing value-added tax on 5 million cross-border orders arriving from China each day, each worth less than VND1 million (US$39). Le Quang Manh, chairman of the National Assembly's Finance and Budget Committee, said at a meeting on Monday that many countries impose taxes on low-value goods imported through e-commerce platforms to ensure a level playing field for domestic businesses.”The government should expand taxation to include more sources of revenue.”There is no tax on…

Read More

As e-commerce ebbs and flows on a daily basis, staying ahead of the curve is key to success, and one of the most powerful tools in such an undertaking is big data. As we move into 2024, the convergence of technology and consumer data is fast enabling unprecedented levels of personalization. The following article was written to explore the power of big data in e-commerce, taking a closer look at what big data is, the benefits it brings, and with the help of some exemplary case studies, as we explore strategic approaches to drive business forward. Understanding Big Data in…

Read More