AliExpress has been fined €550 million by European Union regulators for failing to curb illegal, unsafe, and counterfeit goods on its platform, violating the Digital Services Act. The e-commerce giant plans to appeal the "disproportionate" penalty and faces an October 20 deadline to submit a compliance plan.
An investigation by Which? found 150 potentially lethal infant products, including choking-hazard feeders and suffocation-risk sleep pillows, sold on major online marketplaces like Amazon, eBay, and TikTok Shop. The consumer group urges new legislation to hold platforms accountable for third-party sales.
Amazon, eBay, and Etsy face a surge in scams using AI-generated images to sell non-existent flower seeds. Scammers create convincing visuals of unique flowers like bird-shaped or rainbow roses, leading to customer dissatisfaction and potential environmental risks.
PDD Holdings, operator of Temu and Pinduoduo, is significantly increasing its presence in Xiongan New Area, a state-backed development zone, by establishing a new entity with substantial capital and launching a major hiring drive. This move occurs months after the company faced record penalties for food safety violations and accusations of obstructing regulators.
11street has launched an online store in China featuring around 350 Korean brands, primarily in beauty, food, fashion, and health. The platform will manage logistics and marketing, aiming to boost e-commerce between Korea and China. This move capitalizes on the significant share Chinese consumers hold in South Korea's cross-border e-commerce market.
Barnaby Joyce urged anti-abortion activists to 'keep the fires burning' in Sydney. Concerns are mounting over Labor's NDIS overhaul, a "franken-can" was named worst plastic packaging, and Trump reportedly argued with Netanyahu. Weight-loss drugs may cut cancer risk.
Choice investigation found unsafe and banned products like toy lighters, gel blasters, and flick knives being sold on Australian online marketplaces. The consumer group has lodged a 'super' complaint with the ACCC, urging stricter product safety laws.
Publicly traded online marketplace eBay slammed GameStop's unsolicited $55.5 billion acquisition offer as insufficient.
eBay has formally rejected an unsolicited $55.5bn takeover bid from GameStop, citing concerns over financing and operational risks. GameStop CEO Ryan Cohen has faced scrutiny over the feasibility of the deal, which remains significantly underfunded.
eBay's Board has rejected GameStop's acquisition proposal, citing multiple concerns including financing uncertainty and potential negative impacts on long-term growth and profitability.
GameStop has announced a $56 billion bid to acquire eBay, seeking to transform its business model by integrating its physical retail presence with eBay's global digital marketplace.
Additional confidential health records of UK Biobank volunteers have appeared on Alibaba since last week's reported breach. The UK government is working with Chinese authorities to remove the listings while acknowledging the growing risk of re-identification from de-identified datasets.
The UK government has confirmed further confidential health records of UK Biobank volunteers have been listed on Alibaba since the breach reported last week. Science minister Patrick Vallance said the government is working with Chinese officials to remove additional postings, warning there will likely be more leaks. The data of 500,000 participants was put up for sale on the Chinese marketplace. While the data is de-identified, experts warn there is a real risk of re-identification through triangulation of large datasets.
Trump has threatened to impose steep tariffs on the U.K. unless it drops its 2% digital services tax on U.S. tech companies including Google, Meta and Apple. Speaking from the Oval Office, Trump said the U.K. 'better be careful' and should drop the tax. The tax, introduced in 2020, raised £800 million in 2024-2025. The threat comes ahead of King Charles III's four-day state visit to the U.S. starting Monday.
European car buyers are showing a surge in interest for electric vehicles, driven by escalating petrol prices following the conflict in Iran. Online marketplaces across the UK, Germany, France, and Spain have reported significant increases in EV inquiries.
