Chinese ecommerce platforms to end refund-without-returns amid weak economy
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Chinese ecommerce platforms to end refund-without-returns amid weak economy
The government met operators including PDD Holdings and concluded the practice must end by July, from which point only merchants will be able to initiate a refund, the people said, without specifying dates. Chinese authorities have asked e-commerce platform operators to stop insisting on merchants »»»
IT companies in reset mode amid slow growth in AI times
Representative image BENGALURU: Indian IT firms generated around $20 billion in free cash flows last year, and more than 75% was returned to shareholders. Industry experts believe Indian IT firms are in for a big reset, especially with AI disrupting the linear relationship between revenue and emplo»»»
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