Ukrainian drone strikes targeting warehouses of Russian e-commerce giant Wildberries have caused massive economic damage, halting operations at several logistics hubs and threatening significant losses for state-backed creditors.
Ukrainian strikes hit two Wildberries warehouses near Moscow and in St Petersburg and Tver regions, killing at least 5 and injuring 10, amid claims facilities supply the Russian military.
Ukrainian drone strikes killed at least nine people across several Russian regions, including a Wildberries warehouse and a residential building, while Russian attacks killed at least five in Ukraine. An EU naval mission also intercepted a Russian 'shadow fleet' tanker near Sicily.
Russia's Defence Ministry reported downing 635 Ukrainian drones overnight. Ukrainian forces attacked a Wildberries warehouse in Russia's Samara region, 800km from Ukrainian positions, as part of a strategy to strike deeper at economic and energy targets.
Kyiv suffered ballistic missile attacks, killing 10 and injuring 22, while Donald Trump expressed reluctance on licensing Patriot missile production to Ukraine. President Zelenskyy also urged Trump to facilitate Starlink use for strikes inside Russia. Separately, Ukrainians protested the ouster of the defense minister, and Black Sea grain exports faced threats from drone attacks.
Kyiv suffered ballistic missile attacks, killing nine and wounding 23 across five districts. Meanwhile, Donald Trump retreated from a promise to let Ukraine produce Patriot interceptors, and Volodymyr Zelenskyy sought his help to secure Elon Musk's Starlink for strikes inside Russia.
Ukrainian drones have repeatedly struck Wildberries, Russia's largest online retailer, hitting several warehouses and destroying goods worth an estimated $1 billion. These attacks, which Kyiv says target military supply chains, have severely impacted hundreds of small Russian businesses and caused casualties.
Ukraine attacked four Wildberries warehouses in Russia, escalating its drone campaign against the country's top online retailer. The strikes, targeting a key economic driver, threaten disruption for businesses and millions of Russian consumers.
The European Commission fined AliExpress over $625 million, the largest penalty under the Digital Services Act (DSA), for failing to mitigate risks of illegal, unsafe, and counterfeit products. AliExpress expressed surprise and plans to appeal.
AliExpress has been fined a record €550m by the EU under the Digital Services Act for failing to prevent the sale of illegal and harmful products, including counterfeit clothing and unsafe cosmetics, on its platform. The company condemned the fine as "disproportionate."
The EU has imposed a €550 million fine on online retailer AliExpress for allowing the sale of illegal products, including unsafe toys and cosmetics, that failed to meet the bloc’s environmental and safety standards. This is the largest fine under the Digital Services Act.
Online retail giant Shein has received approval from China's CSRC to pursue an IPO in Hong Kong, planning to issue up to 341.6 million shares. Previous IPO attempts in New York and London were stalled due to regulatory scrutiny.
A consumer commission in Haridwar has ordered an online footwear retailer to refund Rs 3,606 for two defective pairs of shoes. The company must also pay Rs 15,000 in compensation and litigation costs, ruling that refusal to refund constituted a deficiency in service.
NHS England plans to give patients at least three weeks' notice of hospital appointments, inspired by online shopping customer service. This aims to improve patient experience and end the "farce" of late or missed appointment notifications.
The EU has introduced a €3 levy on low-value e-commerce imports, targeting Chinese retailers like Shein and Temu. The move aims to curb unfair competition, improve safety standards, and alleviate overwhelmed customs authorities. The fee structure will evolve, and other countries are implementing similar measures.
China's market regulator summoned major e-commerce platforms like Alibaba, JD.com, and Pinduoduo over marketing malpractices, including misleading ads and inadequate rule disclosures, as the "618" shopping festival approaches. This is part of an effort to curb "involution-style" competition.
South Korea's Personal Information Protection Commission fined Coupang 624.68 billion won for violating safety obligations and illegally collecting personal data, leading to a leak affecting 37.5 million users.
A report by the German Retail Association shows online retail in Germany continues to grow, projected to increase by 4.3% in 2026, outpacing physical retail's 1.6% growth. This trend is driven by consumers seeking cost savings and convenience, with older demographics also contributing significantly.
A consumer commission has ordered FirstCry to pay Rs 50,000 compensation and refund Rs 2,130 with interest to a customer. The retailer cancelled an order, withheld payment, and internally labeled the user as 'fraud' without due process.
German online retailer Mytheresa has successfully integrated luxury fashion brands like Gucci, Prada, Versace, Saint Laurent, and Cartier, becoming one of the world's largest online luxury fashion shops.
The European Union fines Temu €200m for selling illegal, dangerous products (baby toys, faulty chargers) due to systemic risk failures; Temu disagrees, considering the fine disproportionate.
A survey ahead of Father's Day in the UK reveals that one in five Britons would swap their dad for a better model, and one in three pretend to have a better relationship than they do. Online retailer Thortful has launched a campaign challenging the "Best Dad Ever" stereotype with honest cards.
Amazon's dominance in e-commerce stems from its first-mover advantage, aggressive reinvestment, and use of AWS profits to subsidize retail. Its platform model and Prime service create a sticky ecosystem, making competition difficult. Antitrust lawsuits allege unlawful practices to maintain this dominance.
Amazon introduces Alexa for Shopping, a personalized AI shopping assistant replacing Rufus, offering voice and touch-enabled experiences across platforms, providing personalized recommendations, product comparisons, price tracking, and automated shopping capabilities, including purchases from other online retailers.
