SoftBank’s Vision Fund is investing an additional $2 billion in South Korea’s top e-commerce firm Coupang, the retailer said on Tuesday, as the loss-making startup seeks to cement its market dominance.
States are passing laws requiring online sellers to collect and remit sales taxes - including laws covering spending online during the holiday shopping season. But analysts say this might not give states what they hope.
The French will spend 19 billion euros ($21.5 billion) on online purchases over Christmas and the Black Friday to Cyber Monday sales days, lifting total online retail sales to over 90 billion euros for 2018, said Fevad.
Amazon.com Inc said on Tuesday it had split its $5 billion second headquarters into two projects that would be located in New York City’s Queens borough and a Northern Virginia suburb of Washington, DC.
Amazon.com Inc could announce as early as Tuesday that it has selected New York City and Northern Virginia to be the sites for its second and third headquarters, the Wall Street Journal reported on Monday.