News & Analysis Snapdeal revenue rises marginally to Rs 846 crore in the financial year 2019-2020. The e-commerce platform reported that the total revenue fell marginally by Rs 916 crore in FY20, versus Rs 925.3 crore in FY19.
- Get recent e-Commerce updates and latest e-Commerce news in India. Get best reviews and advices on e-Commerce shopping at the technology magazine in India.
- E-commerce: Get e-commerce Latest News, Videos and Photos also find Breaking news, updates, information on e-commerce. Explore more on e-commerce at Dnaindia.com.
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- Is your business joining the ecommerce revolution? If not, you could be missing out on the projected $4.8 trillion in retail ecommerce sales projected worldwide for 2021. Companies embracing ecommerce marketing strategies are experiencing rapid growth. In 2017, there were 1.66 billion online buyers.
Dear USCBC Members Interested in Ecommerce,
As part of our regular monitoring of ecommerce policies, we wanted to share developments that may be of interest to you. Developments include strengthening of enforcement practices and quality control measures directed at online retailers and service providers. Should you have any questions on these developments, don’t hesitate to contact me.
Best regards,
Chris Miller
Manager, Business Advisory Services - Shanghai...
Dear USCBC Members Interested in Ecommerce,
As part of our regular monitoring of ecommerce policies, we wanted to share developments that may be of interest to you. Ecommerce in China is undergoing a period of transition following the publication of China’s new Ecommerce Law, which took effect January 1, 2019. In preparation, a series of related action plans have been released, which are summarized below.
Should you have any questions on these developments, don’t hesitate to...
Dear USCBC Members Interested in Ecommerce,
As part of our regular monitoring of ecommerce policies, we wanted to share developments that may be of interest to you.
Ecommerce in China is undergoing a period of transition following the publication of China’s new Ecommerce Law, which will take effect January 1, 2019. In preparation, a series of implementing regulations have been released, which are summarized below. Other developments include the...
China’s Ecommerce Law was passed by the Standing Committee of the National People’s Congress on August 31, 2018 and will go into effect on January 1, 2019. The law is a framework for regulating China’s rapidly growing ecommerce market. USCBC submitted comments on the final public draft of the law, and a number of changes have been made to the final version including raising fines for non-competitive behavior and intellectual property infringement and expanding coverage to ecommerce sales on...
Dear US-China Business Council member:
The US-China Business Council is considering comments on the third draft to China’s Ecommerce Law, and has extended our deadline for comments from our members until Wednesday, July 18.
The National People's Congress was expected to enact the previous draft of the law, but disagreements arose about provisions that ended requirements for ecommerce sellers to register as businesses; as well as provisions that specifically included WeChat as...
May 17, 2018
By Patrick Lozada
Dear USCBC members interested in ecommerce:
On April 24, a government monitoring center under AQSIQ released an unpublished notice calling for increased monitoring of US crossborder ecommerce products.
The “Letter on Strengthening Self-Control of American Product Inspections” “关于加强对美国产商品自检自控的函” was circulated internally and to ecommerce enterprises calling for more scrutiny of US products. The letter was apparently issued by the...
Dear USCBC members interested in ecommerce:
In our regular review of policies and new reports related to ecommerce, we wanted to share the below regulatory updates.
In particular, we want to solicit thoughts from our member companies regarding recent reporting done by the Associated Press that accused Chinese ecommerce giant Alibaba of punishing brands who did not sign exclusive contracts with the platform and chose to sell on rival Jingdong. The article gave the example of...
Ecommerce Updates 2019
Dear USCBC members interested in the ecommerce industry: As part of our regular monitoring of PRC press and government websites, we recently came across several new developments we thought may be of interest to you.
The second draft of China’s draft Ecommerce Law is now open for comments. It was posted by the National People’s Congress on November 7 (after our initial analysis) and will remain open for comment until November 26.
We...
Dear USCBC members interested in the ecommerce industry:
On October 31, 2017, the second draft of the Ecommerce Law was submitted to the Standing Committee of the National People's Congress for review. USCBC previously commented on the first draft of the law, noting concerns regarding IP protection, ecommerce data, and additional burdens placed on express logistics providers.
The draft law makes a number of key changes to the law that companies should take...
Dear USCBC members interested in the ecommerce industry:
2017 has been busy in terms of ecommerce regulation. Among other news, the Chinese government issued a draft ecommerce law, new guidance on crossborder ecommerce, and new rules regarding product returns.
Ecommerce Business Update
To update members on regulatory changes and discuss how they may affect the industry, USCBC's Shanghai office will co-host a Roundtable on China’s New Regulatory Framework for Ecommerce with...