Ecommerce

Danube Launches Grocery Ecommerce Platform in Saudi Arabia – Forbes Middle East

Thursday, June 22, 2017

The ecommerce industry in the Middle East is poised for take-off. It offers a vast untapped market and has been quoted as a rising trend for the region. Online shopping has grown by 1500% in the past decade. Consisting mainly of a dynamic younger population with one of the highest global per capita internet penetration rates, the online spending potential of the region is touted to be one of the…

Amazon’s grocery push playing catch up with Chinese e-commerce giants – Reuters

Thursday, June 22, 2017

BEIJING As Amazon.com Inc (AMZN.O) looks to swallow U.S. grocery chain Whole Foods, China’s tech giants are already digesting hefty bricks-and-mortar deals, taking the lead in the battle to transform supermarket shopping with big data and better supply chains. China’s Alibaba Group Holding (BABA.N) and JD.com Inc (JD.O) have invested heavily in offline retail – bricks-and-mortar stores – in recent years to complement their online offerings. With their ready-made payment…

Amazon’s grocery push playing catch up with Chinese e-commerce giants – Reuters

Thursday, June 22, 2017

BEIJING As Amazon.com Inc (AMZN.O) looks to swallow U.S. grocery chain Whole Foods, China’s tech giants are already digesting hefty bricks-and-mortar deals, taking the lead in the battle to transform supermarket shopping with big data and better supply chains. China’s Alibaba Group Holding (BABA.N) and JD.com Inc (JD.O) have invested heavily in offline retail – bricks-and-mortar stores – in recent years to complement their online offerings. With their ready-made payment…

Business owners urged to look at e-commerce, China market – Toledo Blade

Thursday, June 22, 2017

DETROIT — Although he’s already a billionaire, Jack Ma believes he can’t really be declared a success until the year 2101. “We will not be successful until we’ve been around 102 years,” said the chairman and co-founder of Alibaba Group Holdings, an ecommerce company in China that has been compared to Amazon.com. “We’re only at 18,” he added. …

Here’s how China’s ecommerce giants are strong-arming retailers into offering discounts – Mashable

Wednesday, June 21, 2017

As the Amazons of China try to elbow each other out of the way, a couple of retailers are coming forward to reveal some of the lengths that China’s ecommerce players will go to, to get you to add items to your cart. Liebo, a mid-sized women’s apparel brand, accused the country’s second-largest online retailer, JD.com, of forcibly slashing Liebo’s product prices, reported Sixth Tone. SEE ALSO: How even rural…

The Impact of E-Commerce – waste360

Wednesday, June 21, 2017

A year ago, I was at my daughter’s house when a delivery truck dropped off a very large box. We opened it and discovered a long roll of paper inside. At the bottom was an envelope containing a product that had been ordered online. Our immediate response was “what a waste!” Why such a big box for an envelope? E-commerce now accounts for 8.3 percent of all retail sales—an…

13 Awesome Tips From Ecommerce Experts – Entrepreneur

Wednesday, June 21, 2017

Apply now to be an Entrepreneur 360™ company. Let us tell the world your success story. Get Started » In today’s world of ecommerce, there are dozens of ways to scale. While some businesses focus on high ticket items, others focus on dominating hyper-specific product categories, and neither way is necessarily right or wrong. I spoke to 14 ecommerce entrepreneurs to find their best answers. Here are their tips, which can…

As eCommerce Soars, New Solution Leverages iPhone and Android One-Tap Ordering for Immediate Sales Uplift – PR Newswire (press release)

Wednesday, June 21, 2017

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C2C E-Commerce Platform ForeverShop raises seed funding – Bizztor – Bizztor (press release) (blog)

Wednesday, June 21, 2017

Bangalore-based Teamleaf Software Pvt. Ltd which runs a C2C base E-Commerce app, ForeverShop has raised around $ 300,000 (2Crore INR) seed funding from a clutch of angel investors. ForeverShop was founded by an international team in 2016: the Indian team mainly focuses on marketing, operation and customer service; the team in Beijing focuses on product development. It is a free and powerful e-commerce platform for millions of small and individual…

FedEx Mulls Peak-Pricing Charges as E-Commerce Spurs Deliveries – Bloomberg

Wednesday, June 21, 2017

FedEx Corp. is studying whether to charge customers more during the busiest shipping periods, aiming to profit even more from the surge in online shopping. The courier is evaluating several options for peak pricing and may also charge more for oversize items, Executive Vice President Rajesh Subramaniam told investors and analysts Tuesday. FedEx’s biggest rival, United Parcel Service Inc., said this week it will impose surcharges on deliveries during the…

C2C E-Commerce Platform ForeverShop raises seed funding – Bizztor (press release) (blog)

Tuesday, June 20, 2017

Bangalore-based Teamleaf Software Pvt. Ltd which runs a C2C base E-Commerce app, ForeverShop has raised around $ 300,000 (2Crore INR) seed funding from a clutch of angel investors. ForeverShop was founded by an international team in 2016: the Indian team mainly focuses on marketing, operation and customer service; the team in Beijing focuses on product development. It is a free and powerful e-commerce platform for millions of small and individual…

How An Allston-Based E-Commerce Startup Is Bringing Auction Houses Into The 21st Century – WBUR

Tuesday, June 20, 2017

Next week, collectors with a burning “Star Wars” obsession — and very deep pockets — will have their chance to bid on an original R2-D2 (yes, one that was used in the franchise) at a California auction house. But droid lovers won’t need to be physically on the West Coast. Instead, they can opt to raise a virtual paddle through Invaluable, an e-commerce art and collectibles website that’s been quietly growing in Boston. The company is…

Amazon’s facing a messy e-commerce war in India. – Slate Magazine – Slate Magazine (blog)

Tuesday, June 20, 2017

Last Thursday, Indian antitrust regulators announced they would allow Bangalore-based Flipkart to purchase eBay’s Indian business—a move that could seriously shake up India’s online retail market, which Morgan Stanley estimates will be worth $119 billion by 2020. As part of its acquisition of eBay’s Indian arm, Flipkart will strike a deal to make more of the American auction company’s global inventory accessible to Indian consumers, while eBay’s buyers globally will…

What it takes to lead in e-commerce – Disrupt Africa

Tuesday, June 20, 2017

For organisations operating in the digital era – in which consumers are always connected, on the go, and looking for quicker and easier ways to get things done – standing out as a leader and innovator is harder than ever, according to Kevin Tucker, founder of South Africa’s PriceCheck. To be a leader in the growing e-commerce sector is even more difficult Tucker says – calling…

Amazon’s facing a messy e-commerce war in India. – Slate Magazine – Slate Magazine (blog)

Tuesday, June 20, 2017

Last Thursday, Indian antitrust regulators announced they would allow Bangalore-based Flipkart to purchase eBay’s Indian business—a move that could seriously shake up India’s online retail market, which Morgan Stanley estimates will be worth $119 billion by 2020. As part of its acquisition of eBay’s Indian arm, Flipkart will strike a deal to make more of the American auction company’s global inventory accessible to Indian consumers, while eBay’s buyers globally will…

E-Commerce Giants Accused of Bullying Shops Into Cutting Prices – Sixth Tone

Tuesday, June 20, 2017

Two stores have challenged China’s e-commerce giants during a major online shopping festival, shedding light on deep-seated tensions between the industry’s vendors and the platforms that host them. Liebo, a women’s apparel brand, has accused JD.com of forcing it to offer discounts to customers during Sunday’s 618 shopping festival — a nationwide online shopping bonanza launched by JD.com in 2010 — said Tang Dafeng, Liebo’s founder, on her personal Weibo…

3 ways AI is already impacting ecommerce – VentureBeat

Tuesday, June 20, 2017

Advances in artificial intelligence and deep learning have changed our lives. We are already using it even without realizing it: AI helps to power Google’s search engine, Tesla’s self-driving cars, Apple’s voice assistant, and Amazon’s shopping recommendations. The impact of artificial intelligence in retail and ecommerce is also growing. While ecommerce giants like Amazon, Walmart, and eBay have used these capabilities behind the scenes for years, ecommerce entrepreneurs can now…

Amazon’s Dominance Isn’t Assured. It’s Facing a Messy e-Commerce War in India. – Slate Magazine (blog)

Tuesday, June 20, 2017

Last Thursday, Indian antitrust regulators announced they would allow Bangalore-based Flipkart to purchase eBay’s Indian business—a move that could seriously shake up India’s online retail market, which Morgan Stanley estimates will be worth $119 billion by 2020. As part of its acquisition of eBay’s Indian arm, Flipkart will strike a deal to make more of the American auction company’s global inventory accessible to Indian consumers, while eBay’s buyers globally will…

Tapping the e-commerce growth – The Star Online

Monday, June 19, 2017

WITH consumer sentiment expected to improve over the coming quarters, e-commerce marketplace 11street is eyeing a 70% growth in gross merchandise value (GMV) in Malaysia for 2017. “Previously, the market was affected by the overall slower economy in Malaysia and consumers were limited by budget. But the market is improving and moving forward, we will grow better than the previous quarters,” says 11street chief executive officer Hoseok Kim. Kim notes…

How Amazon is eclipsing Walmart’s best efforts to dominate e-commerce – Yahoo Finance

Sunday, June 18, 2017

Walmart (WMT) shares got crushed Friday following news that Amazon (AMZN) is aggressively moving into the grocery store business by scooping up Whole Foods. But while the online giant Amazon has been expanding its physical footprint, brick-and-mortar giant Walmart has been ramping up its own e-commerce business to compete. According to UBS analysts, Walmart.com’s stock keeping units (SKUs) have increased to around 50 million today from around 10 million a…