Amazon shuts down Chinese retailer’s 340 stores, freezes US$20 million of its funds

in DLIKE3 years ago

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Our synopsis: 

 

Just yesterday we shared an article titled, "IoT in Finance Sector Is Shaping Digital Future of Banks & Fintech Companies" by Data Science Central that discussed the use and benefits of IoT, data and AI in FinTech industries. One of the advantages discussed in the article was how these technologies are being used to collect data faster and analyze customer behavior to make business decisions. 

Although the article being shared in this post does not discuss these technologies, it is very clear Amazon is using these technologies to detect fake reviews, paid reviews and other violations effectively and expeditiously. 

 

Read original article at:  

https://www.scmp.com/tech/big-tech/article/3140379/one-largest-made-china-sold-amazon-companies-had-340-stores-closed



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