Swiss Post has started in Bern an online market for small companies. This platform, called Kaloka, will care for the whole ecommerce value chain, from online store to logistics. The postal service of Switzerland will likewise incorporate local start-ups into the task and offers a SMS-butler.
It's a winner that FBI director James Comey and Brian Hoffman would not get along.
Earlier today, as Comey was affirming to an US House Committee about the dangers of file encryption letting criminals "go dark," Hoffman and his group were dealing with a "testnet" release of OpenBazaar - a decentralized and un-censorable online market that can be utilized by anyone to sell anything without worry of authorities’ intervention
The federal government will quickly provide a clear meaning of exactly what constitutes a 'market' in the context of ecommerce in the country's foreign direct investment (FDI) policy, wishing to end conflicts over popular online retail websites and motivate entrepreneurship in the digital space by leaving it unconfined.
Central to this is the future of the design that's used by companies such Flipkart, Amazon India and Snapdeal, all which call themselves marketplaces that, allow buyers and sellers to transact without themselves selling anything. Brick-and-mortar sellers have long grumbled that this is a ploy to get around the bar on overseas investment in business offering directly to customers.
"Discussions have actually been completed on the matter," stated the authorities, including that an alert would be adequate and a cabinet choice will not be required. Ecommerce business calling themselves markets will require to obtain profits mostly from fees for services offered and should not be trading on their own account.More
The ecommerce companies state they only run marketplaces on which others sell items to customers and remain in compliance with the law.
The government has held detailed examinations with stakeholders on the term, which is presently not specified in the foreign investment policy.
A DIPP discussion paper issued on January 7, 2014, said: "Marketplace provides a platform for business deals between purchasers and sellers to happen and in return for the services provided, makes commission from sellers of goods/services."