February 9, 2025

Web and Technology News

Shein hit with consumer protection action in EU as bloc unboxes strategy to tackle low-cost ecommerce risks

Chinese ecommerce and fast fashion giant Shein is facing fresh scrutiny in the European Union in relation to consumer protection rules following the launch of a coordinated action by the bloc’s Consumer Protection Cooperation Network (CPCN). The …

Amazon hit with fresh class action-style suit in UK — $3.4BN in competition damages sought for 200,000+ sellers

Amazon is facing another competition lawsuit in the UK. The latest claim, which was filed Thursday, is seeking more than £2.7BN in damages — or around $3.4BN at current exchange rates — before the UK’s Competition Appeals Tribunal. Th…

Amazon hit with fresh class action-style suit in UK — $3.4BN in competition damages sought for 200,000+ sellers

Amazon is facing another competition lawsuit in the UK. The latest claim, which was filed Thursday, is seeking more than £2.7BN in damages — or around $3.4BN at current exchange rates — before the UK’s Competition Appeals Tribunal. Th…

From sperm freezing to accounting tools: Finaloop’s founder scores $35M to solve e-commerce retailers’ bookkeeping headaches

Finaloop’s solution is a platform that uses automation in the background to track transactions covering three different functions in one.
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