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Alibaba Sues Its Own Vendors Over Counterfeits
Alibaba filed suit against two vendors selling allegedly counterfeit Swarovski watches on its Taobao marketplace. Alibaba's move came weeks after the US Trade Representative put Taobao on its list of "notorious markets" for selling fake goods. The ecommerce giant has long been saddled with a reputation for turning a blind eye to counterfeit goods on its site, a claim it disputes.
Amazon, Forever 21 Bidding on American Apparel
Amazon and Forever 21 are among several retailers bidding to acquire American Apparel, which filed for bankruptcy protection in 2015, and then again in 2016. Reuters reported that the offer would have to be more than the $66 million "stalking horse bid by Canadian apparel maker Gildan Activewear Inc., which American Apparel agreed to when it filed for bankruptcy." Meanwhile, Amazon is gearing up to introduce its own line of workout clothing, Recode reports. Amazon already has clothing lines such as Society New York and Scout + Ro.
Comcast Launches Digital Home Solution
Comcast announced a new whole-home networking solution to its subscribers. The cloud-based platform will be available in H1 2017 to 10 million Xfinity internet customers with a Wireless Gateway. Features include voice and TV integration and Wi-Fi bedtime limits for the whole home or individual members like children.
Hulu's Livestreaming Service to Include CBS
Hulu reached a deal to carry content from CBS, as well as content from sports and entertainment channels CBS Sports Network and POP. Viewers will be able to stream the networks through Hulu's new live streaming service, which is expected to roll out in the coming months, as well as watch content on-demand. The CBS agreement follows Hulu partnerships with The Walt Disney Company, 21st Century Fox and Turner Broadcasting.
Singapore-based consumer-to consumer mcommerce platform Carousell acquired Duriana, a mobile classifieds service based in Malaysia. Carousell is one of the top mcommerce apps in Southeast Asia, but now faces a challenge from Shopee, a similar service backed by Malaysia-based digital gaming company Garena.
InMobi Partners With Xiaomi to Serve Video Ads
InMobi partnered with Chinese smartphone manufacturer Xiaomi to deliver video ads on the latter company's devices. According to MediaNama, InMobi ads could be slotted into apps created by Xiaomi that ship natively on its devices, which the company says now number 200 million worldwide.
—Rimma Kats, Rebecca Chadwick, Rahul Chadha, Alison McCarthy
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