DUBAI (Reuters) - State-developer Dubai South said on Monday it aimed to spend two billion dirhams ($545 million) to build an e-commerce free trade zone offering foreign firms 100 percent ownership. Foreigners operating outside of free trade zones in Dubai and the wider United Arab Emirates can usually only hold a maximum 49 percent stake, with UAE nationals holding the rest. The new 920,000 square meter trade zone, known as EZDubai, aimed to attract e-commerce, logistics and other related industries, the developer said, adding that construction was expected to start in 2019. Dubai is already the headquarters of the region’s largest e-commerce company, Souq.com, which was bought by Amazon in 2017. It is also home to noon.com, an online shopping site set up by Dubai billionaire Mohammed Alabbar Dubai South aimed to invest two billion dirhams over four years in the zone, although the timeline for spending the cash would depend on demand, the logistics district head for Dubai … [Read more...] about Dubai plans e-commerce zone with investment of $545 million
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Dubai plans e-commerce zone with investment of $545 mln
DUBAI, Feb 4 (Reuters) - State-developer Dubai South said on Monday it aimed to spend two billion dirhams ($545 million) to build an e-commerce free trade zone offering foreign firms 100 percent ownership. Foreigners operating outside of free trade zones in Dubai and the wider United Arab Emirates can usually only hold a maximum 49 percent stake, with UAE nationals holding the rest. The new 920,000 square metre trade zone, known as EZDubai, aimed to attract e-commerce, logistics and other related industries, the developer said, adding that construction was expected to start in 2019. Dubai is already the headquarters of the region’s largest e-commerce company, Souq.com, which was bought by Amazon in 2017. It is also home to noon.com, an online shopping site set up by Dubai billionaire Mohammed Alabbar Dubai South aimed to invest two billion dirhams over four years in the zone, although the timeline for spending the cash would depend on demand, the logistics district head for … [Read more...] about Dubai plans e-commerce zone with investment of $545 mln
DHL to close Chile e-commerce business by April: newspaper
FILE PHOTO - A distribution centre of German postal and logistics group Deutsche Post DHL is pictured in Obertshausen, Germany June 15, 2016. REUTERS/Ralph Orlowski SANTIAGO (Reuters) - Package delivery company DHL [DHL.UL] will shutter its Chilean e-commerce division in April, plagued by weak results in one of Latin America’s most stable and prosperous economies, Chile’s Diario Financiero newspaper reported. DHL said that it would close its eCommerce division on April 12, but that the company’s other package delivery divisions would continue to operate in Chile, the daily reported. DHL did not immediately respond to Reuters’ requests for comment on the report. DHL began its e-commerce business in Chile in 2017, introducing consumer-focused conveniences for e-commerce purchases, such as options for evening and weekend deliveries, an app that allows customers to see where their delivery is in real time and an option for returns to be picked up from homes. … [Read more...] about DHL to close Chile e-commerce business by April: newspaper
E-Commerce Giants Select NVIDIA Jetson AGX Xavier for Next-Gen Delivery Robots
Leading China e-commerce companies JD.com and Meituan have selected the NVIDIA Jetson AGX Xavier platform to power their next-generation autonomous delivery robots. Over the past decade, China’s e-commerce has grown to represent more than 40 percent of the world’s online transactions —accounting for hundreds of billions of dollars in trade annually. That’s larger than the combined total in the U.S., Japan, Germany, UK, and France, according to the McKinsey Global Institute. To support this tremendous growth, China’s leading e-commerce companies are developing AI delivery robots to move goods to and from warehouses, speed up last-mile deliveries and deliver products to consumers and businesses. Requirements for Next-Gen Delivery Robots Next-generation delivery robots require massive computing performance in a small package. Various sensors, including multiple high-resolution cameras and lidar, must perceive the world around them to localize, path plan and … [Read more...] about E-Commerce Giants Select NVIDIA Jetson AGX Xavier for Next-Gen Delivery Robots
Motorsport Network diversifie son activité e-commerce avec MotorsportPRO.com
MotorsportPRO.com s’adressera aussi bien aux gentleman drivers qu’aux pilotes professionnels. MIAMI, Fla. - 14 juin 2018 -Motorsport Network diversifie son activité e-commerce à l’international avec le lancement de MotorsportPRO.comMotorsportPRO.com se présente comme la future plateforme de référence mondiale pour l’achat d’équipement nécessaire à la pratique des sports mécaniques, et s’adressera aussi bien aux gentleman drivers qu’aux pilotes professionnels.Motorsport Network diversifie son activité e-commerce internationale avec le lancement de MotorsportPRO.com, un site marchand qui répondra aux besoins d’équipements pour les pratiquants et les passionnés de sports mécaniques. Le site est une plateforme commerciale et informative qui référence tous les produits et les standards d’équipements pour les sports mécaniques, … [Read more...] about Motorsport Network diversifie son activité e-commerce avec MotorsportPRO.com