Apple (NASDAQ:AAPL) will open one of its seven Shanghai stores on February 15 with limited hours.
Yesterday, the tech giant announced that a few retail stores in Beijing would reopen on February 14.
Last week, Apple extended its store closures in China from February 10 until February 13-15 due to the coronavirus.
Amazon, Flipkart push back against Indian e-commerce tax
Amazon (AMZN -0.7%) and Flipkart (WMT +0.4%) are among the retailers lobbying against India’s proposed tax on third-party sellers, according to a document viewed by Reuters.
The proposed 1% tax on each sale made by third-party sellers goes up for parliament vote next month. If approved, the tax would start in April.
The government says the tax is needed to counter an economic slowdown caused by weaker consumer demand.
A presentation by the e-commerce lobbying group Federation of Indian Chambers of Commerce and Industry says the tax will hurt the nascent e-commerce sector.
Facebook cancels marketing summit over virus
Coronavirus concerns have derailed another event, with Facebook (FB +0.1%) canceling its Global Marketing Summit, the San Francisco Chronicle reports.
The event was set for San Francisco March 9-12, with about 5,000 attendees planned.
“Out of an abundance of caution, we canceled our Global Marketing Summit due to evolving public health risks related to coronavirus,” a spokesman said.
Facebook is committed to holding the event in San Francisco in the future, according to a spokeswoman for San Francisco Travel.
