Ecommerce

Indian E-commerce on a slimming diet; more lay-offs could be on cards – The New Indian Express

Sunday, February 26, 2017

BENGALURU: Snapdeal’s recent announcement of lay-off of its employees, in a bid to churn profits could just be the beginning of more job cuts, which is to follow in the e-commerce sector. Industry professionals and experts say more companies will get leaner in the coming months, as the sector is running entirely on an unsustainable model of cash burn.  While the intent was to create a convenient digital alternative for…

Viber transitions to platform and adds e-commerce feature – Business Insider

Saturday, February 25, 2017

BI Intelligence See Also This story was delivered to BI Intelligence Apps and Platforms Briefing subscribers. To learn more and subscribe, please click here. Viber will begin presenting users with items for sale based on their conversations within the chat app, the company announced Thursday. Users will be able to access the new feature from March 6. And while in-app payment features are planned, for the moment, users will be redirected…

E-commerce plus retail outlets – The Star Online

Saturday, February 25, 2017

E-COMMERCE was the popular route for new businesses as an easier way to set up their enterprise and keep overhead costs low. But more and more online businesses are now choosing to open brick-and-mortar shops. Two such enterprises are FashionValet and ChristyNg Shoes. For Christy Ng who founded the ChristyNg Shoes, progressing towards establishing a presence in the physical world is not an unusual path. In order to give customers…

Viber transitions to platform and adds e-commerce feature … – Business Insider

Saturday, February 25, 2017

BI Intelligence See Also This story was delivered to BI Intelligence Apps and Platforms Briefing subscribers. To learn more and subscribe, please click here. Viber will begin presenting users with items for sale based on their conversations within the chat app, the company announced Thursday. Users will be able to access the new feature from March 6. And while in-app payment features are planned, for the moment, users will be redirected…

Mondelez e-commerce efforts pay off with 35% jump in sales – Food Dive

Saturday, February 25, 2017

Dive Brief: Mondelez International said it sees new channels like e-commerce and its “power brands” as opportunities for growth in the years ahead, according to Food Business News. Power brands include Oreo, Milka and belVita. Mondelez chairman and CEO Irene Rosenfeld said that the company is looking to improve its presence in e-commerce, discounters, convenience stores and traditional trade. The company is also building an e-commerce snacks business after seeing net…

Revlon Puts Its Stamp On Amazon – PYMNTS.com

Friday, February 24, 2017

Cosmetics and beauty company Revlon Inc. is looking to make a marketing statement in the eyes of eCommerce shoppers as part of a larger reinvention push. To do so, it’s getting a little help from a company that knows a thing or two about eCommerce: Amazon. Revlon will be stamping its name on 10 million Amazon shipping boxes, said Internet Retailer, to make an impression on eCommerce shoppers (especially the…

Churn in e-commerce not unique to India: Nirmala – Hindustan Times

Friday, February 24, 2017

Commerce and Industry Minister Nirmala Sitharaman today said the developments in the e-commerce sector in India is a part of churning in the global economic system and not peculiar to the country. “I believe that this is part of the churning which is happening in the economic system globally and this is not peculiar to India,” she told reporters here. She was replying to a question about the growth of…

AD hosts first eCommerce Summit – Supply House Times

Friday, February 24, 2017

Wayne, Pa.-based buying group AD hosted its first annual multi-divisional eCommerce Summit in Dallas Jan.23–25. More than 230 eCommerce leaders within 140 AD member organizations were in attendance.  The goal of the AD eCommerce Summit is to help the AD independent distributors build comprehensive eCommerce strategies from financial models, to staff implications, to marketing plans, the group noted. The two day event included keynote speakers, AD member panel discussions and…

Caseology Launches Redesigned Ecommerce Experience for Modern Shopper – Yahoo Finance

Friday, February 24, 2017

CERRITOS, Calif., Feb. 24, 2016 /PRNewswire-iReach/ — Caseology, a mobile accessory brand known for its beautifully-designed and functional portfolio of smartphone and watch cases for various manufacturers, recently launched its redesigned ecommerce website. The new website is a complete overhaul of the previous site design, featuring new media and an improved shopping experience. “Caseology prides itself on not only finding innovative ways to improve our products, but also reducing friction…

ViSenze Sees Visual Search Growth In eCommerce – PYMNTS.com

Friday, February 24, 2017

Artificial intelligence (AI) is becoming increasingly important for eCommerce companies, according to new data from ViSenze. AI technology startup ViSenze creates digital image search solutions built on deep learning and computer vision capabilities. Founded in Singapore in 2012, the company’s solutions are used today by major digital retailers such as Rakuten and ASOS to simplify product searching for some 250 million daily active users. “Our data confirms the growing importance…

3 Ways Payment Providers Can Optimize Your Ecommerce Revenue – Finextra (blog)

Thursday, February 23, 2017

Global E-commerce growth continues to outpace the entire retail sector. In 2016, eMarketer research estimates that total sales were worth around $1.9 trillion, up 6 percent from the previous year. Despite economic uncertainty in the US and Europe, lower oil prices and negative currency movements, E-commerce sales for the Holiday Season – November and December – exceeded $110 billion in America. Cyber Monday was bigger than ever…

Meet The Woman Behind Two Of Asia’s Ultra-Luxury E-Commerce Platforms – Forbes

Thursday, February 23, 2017

A million-dollar 1961 Ferrari 250 GTE 2+2 Coupe Pininfarina, one of the costlier items to be listed on Luxglove. (All images supplied by The Artling / Luxglove.) Talenia Phua Gajardo is the Singapore-based founder of The Artling, an online platform for Asian art, and Luxglove, a digital marketplace for luxury goods and collectibles. In January, the companies secured an impressive $2.5 million SGD ($1.7 million USD) in Series A funding,…

The Trials of Packaging for E-Commerce – Environmental Leader

Thursday, February 23, 2017

Packaging for e-commerce may well look different from that of the traditional retailer. And lucky that it is, given commerce sales grew in the U.S. at 14.6% in 2015, according to Internet Retailer.  The Packaging Digest references a paper by Ameripen called “Optimizing Packaging for an E-commerce World,” which says that even though consumers don’t really differentiate between the various distribution channels that their packaging should reflect those differences. “Opportunities to invest in…

Messaging app Viber adds e-commerce button to sell you items inspired by your chats – TechCrunch

Thursday, February 23, 2017

Messaging app Viber is today announcing a new feature that taps into the bigger trend of messaging apps becoming multi-functional platforms, and also its ownership by e-commerce company Rakuten. Viber will start to present users with items for sale, inspired by your current chat, when you press a small shopping bag icon at the bottom of the screen and search for items.  The feature is due to go live in the U.S. first,…

Walmart’s e-commerce sales soared in its latest quarter – Business Insider

Thursday, February 23, 2017

BI Intelligence See Also This story was delivered to BI Intelligence “E-Commerce Briefing” subscribers. To learn more and subscribe, please click here. Walmart showed healthy growth in its e-commerce business in Q4 2016, with global e-commerce sales increasing more than 15% year-over-year (YoY), and US e-commerce sales gaining 36% on the prior year’s quarter. However, even with a 1.4% YoY uptick in foot traffic at brick-and-mortar locations, and comparable store sales…

Walmart’s e-commerce sales soared in its latest quarter – Business Insider

Thursday, February 23, 2017

BI Intelligence See Also This story was delivered to BI Intelligence “E-Commerce Briefing” subscribers. To learn more and subscribe, please click here. Walmart showed healthy growth in its e-commerce business in Q4 2016, with global e-commerce sales increasing more than 15% year-over-year (YoY), and US e-commerce sales gaining 36% on the prior year’s quarter. However, even with a 1.4% YoY uptick in foot traffic at brick-and-mortar locations, and comparable store sales…

Meet The Woman Behind Two Of Asia’s Ultra-Luxury E-Commerce Platforms – Forbes

Thursday, February 23, 2017

A million-dollar 1961 Ferrari 250 GTE 2+2 Coupe Pininfarina, one of the costlier items to be listed on Luxglove. (All images supplied by The Artling / Luxglove.) Talenia Phua Gajardo is the Singapore-based founder of The Artling, an online platform for Asian art, and Luxglove, a digital marketplace for luxury goods and collectibles. In January, the companies secured an impressive $2.5 million SGD ($1.7 million USD) in Series A funding,…

Visa Frets Over New E-Commerce Rules – Barron’s

Thursday, February 23, 2017

A European commission is considering new rules that could make online transactions safer, but slow down the process of buying something. Credit card companies are on edge. The European Banking Authority plans to release guidelines later this month on how online payments should work. Regulators have discussed adding more authentication procedures to keep fraudsters from making unauthorized purchases. But the credit card companies have been wary of this development, which…

A complete showcase of the e-commerce ecosystem: 2017 … – Yahoo Finance

Thursday, February 23, 2017

TAIPEI, TAIWAN–(Marketwired – Feb 22, 2017) – The third eCommerce Expo Asia is set to take place this year from Sep. 28 to Sep. 30 at the Taipei World Trade Center Exhibition Hall 1, hosted by Taiwan External Trade Development Council (TAITRA) and co-organized by the Taiwan Internet and E-Commerce Association (TiEA). The show reflects TAITRA and TiEA’s continual collaboration to produce the nation’s most professional B2B, B2C eCommerce business…

Meet The Woman Behind Two Of Asia’s Ultra-Luxury E-Commerce Platforms – Forbes

Thursday, February 23, 2017

A million-dollar 1961 Ferrari 250 GTE 2+2 Coupe Pininfarina, one of the costlier items to be listed on Luxglove. (All images supplied by The Artling / Luxglove.) Talenia Phua Gajardo is the Singapore-based founder of The Artling, an online platform for Asian art, and Luxglove, a digital marketplace for luxury goods and collectibles. In January, the companies secured an impressive $2.5 million SGD ($1.7 million USD) in Series A funding,…