Tag: E-commerce
eBay to sell its Classified Ads unit to focus on core...
American multinational e-commerce corporation, eBay is in advanced discussions to sell its Classified Ads unit to the Norwegian company Adevinta as the online auction...
UAE eCommerce sector altered radically by the Pandemic; Experts
Experts are of the opinion that the COVID-19 pandemic will leave a lasting mark on consumer behavior and drive an increasing share of e-commerce...
Amazon’s Indian unit gets $308 Mn to grow in the region
Global e-commerce giant Amazon.com has infused $308.02 million in its Indian unit, Amazon Seller Services to improve its business to meet the growing demand...
MENA startups raise $659 million funding in H1 2020: Magnitt Report
Start-ups in the Middle East and North Africa raised funds worth $659 million in the first half of the year, which is up 35%...
Saudi Arabia puts 15% VAT on eCommerce products that are imported...
Saudi Arabian General Authority of Customs has affirmed that goods imported from outside Saudi Arabia through e-commerce platforms will be charged a 15 percent...
Abu Dhabi-based RIZEK collects $3.5 million infusion
Abu Dhabi-based service portal RIZEK has managed to gather $3.5 million in one of the largest seed funding rounds in the MENA region which...
228% rise in consumer complaints recorded in Dubai’s e-commerce sector
The exponential rise of e-commerce platforms caused by COVID-19 lockdown has also created its fair share of troubles. The Commercial Compliance & Consumer Protection, CCCP,...
Around 2000 firms in the UAE are transitioning to eCommerce; Network...
UAE-based Network International validated that approximately 2,000 businesses in the UAE are either considering to develop e-commerce capabilities or utilize the firm’s PayByLink solution.
Network...
