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3:44 AM (11/28) TOPIX INTERNET - Payment wallets make the most of Modi move : With a surge in users and transactions in two weeks, payment wallets step up cashbacks to get more users online. ince the demonetisation drive on November 8, mobile wallet providers such as Paytm, Mobikwik and FreeCharge have increased cash-back offers to as much as 80 per cent to users, as they encourage subscribers to transact more for buying goods and paying bills, and make it a habit to use their platforms. www.topix.com
12:00 AM (11/28) TOPIX INTERNET - Six Billion Web Searches Bring China's Economy Into Focus 23 minutes ago : Wu Haishan was at Princeton University studying how schools of fish swim together when the crowd behavior of a much bigger group grabbed his attention: 1.35 billion fellow Chinese. It was Lunar New Year back home in 2014, and Baidu Inc., operator of the country's biggest search engine, had created an animation of all the trips people in China make during the holiday -- the largest annual human migration . www.topix.com
8:18 PM (11/27) TOPIX INTERNET - Alibaba's Singles' Day securities find admirers : Alibaba Group Holding has now been ramping up its Singles' Day online shopping frenzy for eight years, but, this time, it has added a new ingredient to the celebrity-studded extravaganza: securitisation. Last week, a unit of Alibaba-backed Ant Financial sold 4 billion renminbi securities backed against small loans granted to consumers on November 11, also known as "Double 11" day. www.topix.com
4:15 PM (11/27) TOPIX INTERNET - More people shopped over Thanksgiving weekend than last year - but they spent less : Byron Siekavizza wheels his television to his car as he gets a jump-start on shopping for deals at Best Buy on Thanksgiving in Alexandria. About 154 million shoppers made purchases at stores or on e-commerce sites this holiday weekend, the National Retail Federation reported Sunday, a bump up from the 151 million people who last year participated in the annual barrage of Black Friday deals. www.topix.com
4:15 PM (11/27) TOPIX INTERNET - Share on LinkedIn : Black Friday ushered in a new era in holiday shopping, in what looks to be a win-win-win: Slightly smaller-than-usual crowds still packed the malls. E-commerce sales rose sharply. www.topix.com
12:03 PM (11/27) TOPIX INTERNET - The little boy who looks like one of China's richest men13 min ago : Beijing, Nov 27: An eight-year-old boy in east China is getting visitors from across the country as he looks like Chinese billionaire Jack Ma, according to a media report. Up to 50 people a day have visited Fan Xiaoqin over the past two weeks. www.topix.com
8:01 AM (11/27) TOPIX INTERNET - GST law: E-commerce cos will have to deduct tax collected at source : According to the new model GST law, the companies will have to deduct the tax collected at source while making payments to suppliers. E-commerce operators like Flipkart and Snapdeal will have to deduct TCS while making payments to their suppliers, according to the new model GST law, which has done away with the definition of 'aggregator'. www.topix.com
5:57 AM (11/27) TOPIX INTERNET - Retail giant Amazon mulls acquisition of Souq.com : Global online retailer Amazon.com is reportedly in talks to purchase Dubai-based e-commerce platform Souq.com in a deal valued at $1bn, Bloomberg reported on Thursday. Amazon is mulling a bid to acquire the entire site, but no final agreement has been reached so far, unnamed sources told Bloomberg . www.topix.com
1:53 AM (11/27) TOPIX INTERNET - U.S. crowds pick up slightly on Black Friday, online sales jump : The U.S. holiday shopping tradition of Black Friday saw an uptick in shoppers but in-store retailers continued to be eclipsed by cyber deals as online sales jumped. Gavino Garay reports. www.topix.com
9:48 PM (11/26) TOPIX INTERNET - Smart trade platforms to fire growth : Attendants at the Thailand e-Commerce Day 2016 at the Queen Sirikit National Convention Center in June. The private sector has been advised to adapt to meet the goals of Thailand 4.0 -- an economic development model dependent on digital technology and internet-based commerce. www.topix.com
5:44 PM (11/26) TOPIX INTERNET - LifeLock Inc. (LOCK) Upgraded to "Buy" at Zacks Investment Research : The brokerage presently has a $20.00 price objective on the stock. Zacks Investment Research's price target indicates a potential downside of 16.46% from the company's current price. www.topix.com
1:40 PM (11/26) TOPIX INTERNET - Is an Amazon Prime Membership Worth an Extra $100 a Year? : Prime membership can be one of the best deals anywhere online. It can also be a complete waste of money, depending on how you use it. www.topix.com
9:27 AM (11/26) TOPIX INTERNET - Mike's Blog Round Up : Speaking of which, your quote of the day: "I will always tell you the truth." for information on our posting policy. www.topix.com
5:07 AM (11/26) TOPIX INTERNET - Is Procter & Gamble Co. About to Post a Growth Rebound in Shaving? : It lost market share in the Gillette, Fusion, and Mach 3 brands over the last 12 months, but recent trends suggest a recovery ahead. lost market share in each of its five core product categories last year, with its grooming division faring the worst. www.topix.com
1:02 AM (11/26) TOPIX INTERNET - Stumbleupon : U.S. online sales surged on Black Friday, with Amazon.com Inc offering the steepest discounts among e-commerce sites as it set the agenda for what has traditionally been the biggest shopping day of the year for brick-and-mortar retailers. In-store shopping began to pick up in the afternoon, but the increase in customer traffic paled in comparison to the jump in online sales, analysts said. www.topix.com
9:06 PM (11/25) TOPIX INTERNET - Mobile shopping is quick and convenient. So why hasn't it killed Black Friday yet? : Two years ago on Black Friday , Justin Blankenship and his wife woke up at 4 a.m. to drive to Bed Bath & Beyond. Being first in the line, they assumed, was what it would take to get a great price on a Keurig coffee pot and Kitchen Aid mixer. www.topix.com
4:52 PM (11/25) TOPIX INTERNET - Amazon.com Is Looking To School Walt Disney Co : According to the Wall Street Journal , the e-commerce giant has been in talks with professional leagues large and small, from the NBA, NFL, and MLB all the way down to college conferences and even organizations like the World Surf League, about streaming live sports content. It's unclear if Amazon would package such content with its $99/year Prime service or sell it separately as a "skinny bundle." www.topix.com