Souq.com doubles White Friday salesSouq.com, a top an online retail and marketplace website in the region, has announced that the number of items sold during White Friday 2017 more than doubled compared to last year - making it the biggest shopping event in Souq history. More… |
Souq.com to launch 'White Friday' salesSouq.com, a leading online retailer in the Middle East, will launch its White Friday sales from November 25 to 28 across the UAE, Saudi Arabia, Kuwait and Egypt aiming to double last year’s sales records estimating over 12 million visitors More… |
Over 40pc of China's online sales 'counterfeit’More than 40 per cent of goods sold online in China last year were either counterfeits or of bad quality, the official Xinhua news agency said, illustrating the extent of a problem that has bogged down the fast-growing online sector. More… |
Cyber Monday sales hit all-time highUS online retail sales on Cyber Monday hit an all-time high and surpassed $1 billion for the first time for any single day of web shopping, according to analytics firm comScore. Shoppers spent $1.028 billion online on Monday, 16 percent mo More… |
Brand owners can block online sales: EUThe European Commission has unveiled revised antitrust rules allowing luxury brand owners to block online retailers without a bricks-and-mortar shop from distributing their products. In a bid to counter criticism from online retailers such More… |