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Amazon to pull plug on China retail operations: report

Amazon plans to close down its online retail operations that cater to consumers in China in an apparent admission of defeat to local e-commerce rivals such as Alibaba and JD.com, a report said on Thursday.

EU opens investigation into how Amazon uses data

European authorities said Wednesday they have opened a preliminary antitrust investigation into Amazon over the e-commerce giant's treatment of smaller merchants on its website.

Amazon sellers seek more clout with new 'merchants guild'

The millions of merchants who sell products on Amazon.com Inc. have long craved more leverage over their powerful benefactor. Now some are creating a trade association in the hopes that a unified voice will force Amazon to ...

WeChat Pay arrives in Paris department stores

Chinese tourists visiting Paris are now able to pay for their purchases in two of the city's famous department stores with their smartphones, thanks the adoption of the payment app of the popular Chinese social media network, ...

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Merchant

A merchant is a businessperson who trades in commodities that were produced by others, in order to earn a profit.

Merchants can be one of two types:

A merchant class characterizes many pre-modern societies. Its status can range from high (the members even eventually achieving titles such as that of Merchant Prince or nabob) to low, as in Chinese culture, owing to the presumed distastefulness of profiting from "mere" trade rather than from labor or the labor of others as in agriculture and craftsmanship.

This text uses material from Wikipedia, licensed under CC BY-SA