Tag

Online Commerce

All articles tagged with #online commerce

technology1 year ago

"Unveiling the Deceptive Tactics of Amazon Prime Video's 'Free' Movie Offer"

Amazon Prime Video is accused of misleading labeling by tagging movies as "free" when they are not actually included in the Prime subscription, instead requiring additional purchases or subscriptions. This practice has diminished the value of the word "Prime" and is seen as a part of Amazon's broader trend of enshittification, where it prioritizes its business interests over user experience. Additionally, Amazon's platform has been overrun with A.I.-plagiarized copies of writers' books, infringing on their ability to earn money from their own labor, while the company seems indifferent to these issues due to its dominant position in the online commerce landscape.

business2 years ago

JD.com Exceeds Sales Expectations Despite China's Sluggish Economy

JD.com, China's second-largest online retailer, reported a 7.6% increase in revenue to 287.9 billion yuan ($39.5 billion) in the second quarter, surpassing analysts' estimates, despite the weakening Chinese economy. The company's performance, along with better-than-expected results from rival Alibaba, suggests that online commerce remained resilient during the summer shopping season. JD.com's new CEO, Sandy Xu, faces the challenge of reviving the company amid increasing competition and the impact of Beijing's crackdown on the tech sector. The company is diversifying its offerings and investing in incentives to attract customers while cutting costs in other areas.

business2 years ago

JD's Mega Sales Haul Results in $14 Billion Each for Seven Units.

JD.com aims to create seven listed firms with market values of at least $14 billion apiece over the next two decades, as it wrapped up its signature 2023 sales gala with another record haul. The summer online sales event, in which larger rival Alibaba Group Holding Ltd. also takes part, is an important barometer of Chinese consumer spending that’s often compared with Black Friday and the Alibaba-created Nov. 11 event.