China’s tax agency cracks down on influencers, online merchants amid shrinking revenue

China’s tax agency cracks down on influencers, online merchants amid shrinking revenue

China’s tax authority on Friday published a draft regulation that would require the operators of e-commerce, short-video and social media platforms to report the income of merchants and influencers. Under the current draft, which is soliciting public feedback until January 19, internet platform operators must report the identity, income and other tax-related information about revenue-generating … Read more

Why Beijing has put e-commerce sector’s ‘refund-only’ policy and PDD under scrutiny

Why Beijing has put e-commerce sector’s ‘refund-only’ policy and PDD under scrutiny

The “refund-only” policy in China’s e-commerce sector – where consumers can get back money for goods bought from merchants, without returning the products – is now under scrutiny, as analysts point to how the practice has been abused in the local market. China’s market regulator has directed PDD Holdings, operator of popular budget-shopping platforms Pinduoduo … Read more

Alibaba bets on retailing chief Jiang Fan to bolster e-commerce momentum

Alibaba bets on retailing chief Jiang Fan to bolster e-commerce momentum

Jiang, 39, who has been serving as chief executive of Alibaba International Digital Commerce Group (AIDC), was appointed by the Hangzhou-based tech conglomerate on Thursday to lead the newly formed Alibaba E-commerce Business Group. The new unit will integrate Taobao and Tmall Group (TTG), AIDC, 1688 Marketplace, Idle Fish and the other e-commerce operations of … Read more

Wildfires made Canada’s air quality worse than the U.S. for the first time

Wildfires made Canada’s air quality worse than the U.S. for the first time

Canada’s record-setting wildfire season hiked the country up global pollution rankings — and for the first time made its air quality worse than the U.S., according to a new report by air quality technology company IQAir. “In previous years, Canada had the cleanest air quality in all of North America,” said Glory Dolphin Hammes, CEO of … Read more