Walmarts Flipkart Shuts Down ANS Commerce in Ecommerce Shift

Walmarts Flipkart Shuts Down ANS Commerce in Ecommerce Shift

Walmart's Flipkart announced the closure of its SaaS platform, ANS Commerce, and subsequent layoffs. This move is likely aimed at cost reduction in preparation for a potential IPO. The shutdown of ANS Commerce highlights the intense competition in the e-commerce sector and the challenges faced by startups, serving as a warning for the SaaS industry. The future direction of Walmart's e-commerce strategy warrants close attention.

Commerce Control List Key to US Export Compliance

Commerce Control List Key to US Export Compliance

This article outlines the significance of the Commercial Control List (CCL) in U.S. export compliance, emphasizing its functions, classification system, and impact on international business transactions. It suggests that companies should prioritize the CCL to mitigate risks and promote global trade.

Bank of Commerce and Development SWIFTBIC Code Explained

Bank of Commerce and Development SWIFTBIC Code Explained

This article presents the SWIFT/BIC code CDBLLYLT011 for BANK OF COMMERCE AND DEVELOPMENT (L.J.S.C.), highlighting the importance of using the correct code in international remittances. It also includes the bank's specific address and methods for verifying the accuracy of the code, aiming to enhance the security and efficiency of fund transfers.