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Union says an investigation of Shopee is necessary

FSC to ensure ShopeePay customers data is secure

ShopeePay Taiwan Co (蝦皮支付) and Cathay United Bank (國泰世華銀行) have been targeted by the Financial Supervisory Commission (FSC) over information security and consumer protection, after lawmakers yesterday raised concerns about the e-commerce platform possibly being funded by Chinese investors. ShopeePay and Cathay United recently partnered to issue cobranded credit cards, which reward consumers up to 4 percentage points for anything they spend on the platform. The company’s collaboration with a local bank raised concerns over whether consumers’ data could be leaked to behind-the-scene Chinese investors, Democratic Progressive Party Legislator Kuo Kuo-wen (郭國文) told a meeting of the legislature’s Finance Committee in

Bureau urges vigilance on e-commerce fraud

The Criminal Investigation Bureau on Saturday called on people to be careful when shopping online, citing a high number of fraud cases targeting online shoppers last year. The largest number of cases, or 940, targeted customers of retailer Eslite Bookstore, it said. Other retailers with a high number of fraud cases included ET Mall with 868 cases, Shopee Taiwan Co with 500 cases, Jealousness Classics with 358 cases and Kingstone Book Co with 324 cases. “The suspects hack into the e-commerce platforms and steal customer data. They then call the customer to say there was a system error involving their

Taipei office demand remains strong: JLL

Taipei office demand remains strong: JLL NO VACANCY: Demand for grade A office space, especially from tech firms, is so robust that even upcoming projects have secured tenants, Jones Lang LaSalle said By Crystal Hsu / Staff reporter Vacancy rates for grade A offices in Taipei held relatively steady at 2.1 percent last quarter, while monthly rent edged up 0.7 percent to an average of NT$2,828 (US$99.48) per ping (3.3m2) as demand remained strong, while space is limited, Jones Lang LaSalle Inc (JLL) said yesterday. The vacancy rates suggested a small net takeout of 25 ping as a lack of new supply is hampering activity, JLL Taiwan managing director Tony Chao (趙正義) told a news briefing in Taipei.

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