Chinese language e-commerce leaders brush off regulatory danger to proceed prompt retail worth warfare

[ad_1] Instantaneous retail rising quicker than standard e-commerce Alibaba, JD.com, Meituan pledge $28 billion to subsidise prompt retail Regulators involved about deflationary strain, meals waste By Casey Corridor and Sophie Yu SHANGHAI/BEIJING, July 25(Reuters) – China’s largest e-commerce platforms present no indicators of halting an “prompt retail” worth warfare uncommon in its resilience to state … Read more

Hero calls out ‘regulatory complexity’ amid MoRTH’s push for safety

[ad_1] The country’s largest two-wheeler company, Hero MotoCorp Ltd, has added “regulatory complexity” as one of the new key business risks at a time when the ministry of road transport and highways (MoRTH) is rushing the two-wheeler players to implement anti-lock braking systems (ABS) to increase safety. Hero said in its latest annual report that … Read more