Around the Ecommerce world in 5 mins!

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Ecommerce is changing everyday, and sometimes by the minute. So many new ideas and developments everyday, becomes hard to keep track.

We bring to you a curated digest of ecommerce developments/happenings around the world, compiled from various publications across the Internet.

Alibaba signs e-commerce strategic partnership with Mexico

Alibaba has marked another milestone in its globalization drive: the e-commerce giant signed this Wednesday a strategic partnership with Mexico to bring Mexican products and services, especially from small-and mid-sized enterprises, to its marketplaces.

Amazon to Open 2nd North American Headquarters, Pits Cities in Bidding War

Amazon today announced plans to open Amazon HQ2, a second company headquarters in North America. Amazon expects to invest over $5 billion in construction and grow this second headquarters to include as many as 50,000 high-paying jobs. In addition to Amazon’s direct hiring and investment, construction and ongoing operation of Amazon HQ2 is expected to create tens of thousands of additional jobs and tens of billions of dollars in additional investment in the surrounding community.

Etsy Introduces Returns Policies Template

Holiday shoppers come to Etsy looking for thoughtful gifts, but they also want to know what’ll happen if something doesn’t work out. The good news: We just unveiled a return policies template that makes it easier for you to give shoppers all the information they need to feel confident as they tick items off their gift lists—or sneak in a present or two for themselves. You’ll start to see the template in your shop over the next few days.

Alibaba’s Tmall Maintains Ecommerce Lead in China

Alibaba has long held rival platform JD.com to a distant second place in China’s retail ecommerce sector. But there are signs that JD.com is making steady gains into what once seemed like Alibaba’s insurmountable lead. According to recent data from Analysys International Enfodesk, Alibaba’s business-to-consumer (B2C) ecommerce platform Tmall still controlled the largest share of retail ecommerce sales in China in Q2 2017, at 51.3%.

DHL expands Parcel Europe network

DHL, a part of German logistics company Deutsche Post DHL Group, has expanded its Parcel Europe network by partnering with firms in Ireland and Romania. DHL has partnered with Ireland’s state-owned postal services provider An Post and Romanian private parcel service provider Urgent Cargus.

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