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Groupon promises changes after breaking several consumer protection laws

The Office of Fair Trading has completed an investigation into Groupon’s daily dealings and found that the company had broken several consumer protection laws. The site was found to have breached a number of regulations, specifically those relating to pricing, advertising, refunds and unfair terms.

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The Office of Fair Trading has completed an investigation into Groupon’s daily dealings and found that the company had broken several consumer protection laws.

The site was found to have breached a number of regulations, specifically those relating to pricing, advertising, refunds and unfair terms.

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Groupon promises changes after breaking laws

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Ecommerce

Thailand’s internet economy to hit US$53 billion in 2025

New users in Southeast Asia are coming online at a blistering pace, adding 40M new Internet users this year alone compared to 100M between 2015 and 2019 and 70% of the region’s population is now online.

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Internet usage in Southeast Asia continues to multiply, with 40M new users this year alone

Southeast Asia’s Internet sectors continue to see strong growth, hitting $100 billion in 2020, and are on track to cross $300 billion by 2025 stated a report by Google, Singapore state investor Temasek Holdings and business consultants Bain & Co.

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Ecommerce

Southeast Asia’s internet economy hits $100 billion

The two pacesetters in the region are Indonesia and Vietnam, which lead the pack with growth rates in excess of 40% a year.

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The internet economies in Malaysia, Thailand, Singapore and the Philippines are growing by between 20% and 30% annually, with no signs of slowing down, according to Google and Temasek multi-year research program. 

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Internet

Thailand enters 5G technology era

Thailand is leading the ASEAN community in 5G technology beginning with Chulalongkorn University and the Eastern Economic Corridor project from next year.

Olivier Languepin

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The Thai Government’s National Broadcasting and Telecommunications Commission (NBTC) says it wants Thailand to be one of the first Asian countries to make the jump to 5G.

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