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Proposed World e-Trade Platform (WeTP)

Jack Ma, the founder of Chinese e-commerce giant Alibaba, had proposed a new business-led initiative for framing global e-commerce rules. Mr. Ma’s proposed setting up what he calls the World e-Trade Platform (WeTP). Important Facts It was announced at the Boao Forum for Asia. Boao Forum for Asia (BFA) is a nongovernmental and nonprofit international […]

New E-commerce Norms 2016

Department of Industrial Promotion and Policy (DIPP) has come up with new rules aimed to regulate the e-commerce marketplaces. The key guidelines and its impact on stakeholders are analyzed in the following paragraphs. The new guidelines have also defined various terms related to the e-commerce sector: E-commerce: E-commerce means buying and selling of goods and […]