Due to the underdeveloped e-commerce market in Israel and the dominance of global websites, the Azrieli Group announces the closure of Azrieli.com, resulting in the layoff of about 70 employees.
Geocartography survey for Admonis, an automation platform, studied Israeli online shopping habits, managing trading zones & stores.
Sagi currently owns 29.9% of the Company's capital.
Amazon's shares were trading down 1% after the lawsuit was announced.
The Israeli government has indicated it may soon propose a general reform of Israel’s international tax rules, having regard to OECD and other developments.
Company’s Series B financing round helps small e-commerce sellers increase revenue.
According to the survey, around 1 in 10 people will engage in "revenge" against customer service representatives.
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