TikTok may have ‘bad news’ for Amazon and other e-commerce platforms. The short-video app is reportedly planning to ban links to outside ecommerce links, such as Amazon, according to a report from The Information. The move is reported to be aimed at ensuring that TikTok users buy the things they see on the platform only on TikTok Shop and nowhere else.The report also claims that TikTok Shop is on track to lose more than $500 million in the US this year. According to the report, The $500 million loss reflects the company’s deep investment in hiring, creating a delivery network…
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By Roshan Aslam An interest in investing in cryptocurrencies has been prevailing in India for some time. While the Reserve Bank of India (RBI) and many experts have raised questions about the security and legality of these Virtual Digital Assets (VDAs), similar to other authorities across the world, Indians have maintained a keen interest in owning and trading popular cryptocurrencies such as as Bitcoin and Ethereum. As per the latest estimates, between 15-20 million investors own cryptocurrencies in India, conjointly owning around Rs 40 thousand crore. Buying or selling cryptocurrencies is not illegal in India, however, there is a lack…
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MISSISSAUGA, ON, November 30, 2023 – Walmart Canada is investing nearly $1 billion this fiscal year as part of a multi-year modernization plan, with an ambition to become Canada’s leading omnichannel retailer and continue to help Canadians save money so they can live better. This includes unveiling its Store of the Future in Mississauga, Ontario, including the first Walmart Health hub in Canada, and investing over $300 million in store renovations and renovations. These investments mark the midpoint in the five-year timeframe of the retailer’s major $3.5 billion investment in store infrastructure and customer experience transformation, first announced in July…
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US TikTok Shop transforms the product discovery process for customers, ensuring transactions are secure and sellers are trustworthy remains a priority. As a rapidly expanding e-commerce platform, TikTok Shop empowers local brands and merchants to creatively amplify their social presence and forge genuine connections with shoppers through livestream sessions and creator collaborations. One of the key factors behind its continued growth is the building of trusted communities where users can discover new products safely. WHEN SCAMMERS SPOIL THE SHOPPING EXPERIENCE Last year, Singapore witnessed a 74.5 per cent surge in reported cases of e-commerce scams, with numbers rising from 2,729…
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INDUSTRY-LEADING RETURNS AND REFUNDS PROCESS In the event that shoppers receive unsatisfactory items, Shopee has a seamless process for returns and refunds, provided it falls within the eligible 15-day return/refund period for Shopee Mall orders and six days for non-Shopee Mall orders. In addition, Shopee is committed to an average resolution time of 2.5 working days for requests for returns and refunds, an industry-leading standard that is shorter than CASE’s recommendation of seven days. Buyers can also return their products for free with Shopee’s Free Returns policy. For more assistance, shoppers can connect with Shopee’s customer service agents through the…
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Updates: As of January 30, 2024, Consult-a-Friend is now available to all customers in the US, Australia, Belgium, France, Germany, India, Italy, Mexico, Netherlands, Poland, Spain, Saudi Arabia, Singapore, Sweden, Turkey, UAE, and the UK. Sometimes, it helps to get a little advice from your friends or family. But when it comes to online shopping, it can be hard to keep track of feedback from multiple people across messaging apps. Enter Amazon’s latest collaborative shopping feature—Consult-a-Friend, a new mobile shopping experience we are currently testing that lets you quickly and easily request, view, and manage your friends’ feedback on products…
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PRFMNEWS – Drug and illegal drug cases seem to have no end, the Pandeglang Police Narcotics Investigation Unit succeeded in arresting a man with the initials HW (28), who was distributing illegal drugs such as Tramadol HCI and Hexymer. The resident of Cipahul Village, Ciodeng Village, Sindangresmi District, Pandeglang Regency, was arrested by the police after buying Tramadol HCI and Hexymer in an online shop application. Pandeglang Police Chief AKBP Belny Warlansyah, quoting from PMJNEWS, Head of the Narcotics Unit, AKP Ilman Robiana, revealed that the alleged dealer was arrested when he was about to make a transaction in a…
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Online shopping has become a lifeline for many as the virus pandemic shuttered stores and kept people at home. The COVID-19 pandemic has accelerated the change in how people shop in a world growing more comfortable and savvier with technology. E-commerce sales’ strong growth is expected to continue long after the virus subsides. More importantly, online sales are likely going to take up a progressively larger portion of all retail sales in coming years. E-commerce sales are forecast to account for just over 15% of all retail sales in the fourth quarter of last year, according to Refinitiv, and the…
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