Alibaba and Amazon Face Rivals in Cross-border E-commerce Race

Alibaba headquarters in Hangzhou, China | Source: Reuters

A Chinese government push to promote e-commerce has created a host of online retail rivals for Alibaba Group Holding Ltd and Amazon.com Inc catering to shoppers’ fears about the quality and safety of local everyday goods.

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India’s Flipkart to Double Value of Goods Sold as Demand Surges

Flipkart packages | Source: Flickr

Flipkart aims to double the total value of goods it sells to $8 billion this year, two people with knowledge of the plans said, as India’s largest online marketplace seeks to widen the gap with rivals including Amazon.com’s India unit.

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