Ecommerce

A Chinese e-commerce giant is planning to deliver a ton of stuff—literally—by drone – Quartz

Tuesday, May 23, 2017

Chinese online shopping giant Jingdong, or JD.com, the biggest e-commerce company after Alibaba, is planning to massively ramp up heavy-load drone delivery across a northern Chinese province. Through a newly formed venture called JD Logistics, the company said it is testing out the world’s largest-scale drone delivery network so far, and plans to see its drones deliver products weighing as much as a metric ton, or about 2,200 pounds, or…

The Small Business Owner’s Guide to Choosing the Right Ecommerce Platform – Entrepreneur

Tuesday, May 23, 2017

Wendy and Walter, a recently married couple from Wyoming, are enjoying home roasted coffee on a Saturday morning. Wendy gets a notification on her phone and is overcome with joy. A welder from Wisconsin saw one of her paintings on Instagram and sent her a direct message wanting to know if the painting she posted is for sale. The welder informed Wendy that he is willing to purchase the painting…

Mobile Fraud a Blind Spot for Ecommerce Merchants – Entrepreneur

Monday, May 22, 2017

Last year’s Black Friday online sales smashed sales records, generating $3 billion with more than $1 billion of sales coming from mobile. This year, over two billion users are likely to purchase at least once using mobile devices. The shift to mobile is driven by younger consumers. The growing trend validates companies’ efforts and investments in building mobile-ready online stores. However, dangers loom as merchants are scrambling to meet the demands…

Sauder Woodworking adapts to e-commerce – The Blade – Toledo Blade

Sunday, May 21, 2017

ARCHBOLD, Ohio — Red Rambler Coffees, a coffee shop in Wauseon that roasts its own blends, faced the ultimate test last week. A team of efficiency experts from the java-loving metropolis of Seattle was arriving Tuesday in nearby Archbold, Ohio, and Kevin Sauder, president and CEO of Sauder Woodworking Co., wasn’t about to play host without a special custom-blended brew to offer…

GST: Small e-commerce vendors even in the exempted category will have to pay tax upfront – Economic Times

Sunday, May 21, 2017

NEW DELHI: Budget hotels and small-scale vendors registered on ecommerce sites such as Airbnb, Flipkart and Amazon will have to pay tax upfront under the goods and services tax (GST) regime when they receive payments, even if they fall in the exempted category. That’s because all vendors registered on such sites will be liable to 1 per cent tax collected at source. GST is on its way to being rolled…

E-commerce grows by leaps and bounds – K24 TV

Sunday, May 21, 2017

Kenya is slowly becoming a frontier for e-commerce as growth of online shopping steadily revolutionises business. As mobile money and internet reach continues to grow, in coming years traditional brick and mortar retail shops stand danger of losing ground. Growth of online shopping follows trends in Europe, North America and Asia, especially in China, where it is not just a fashionable lifestyle, but a necessity…

Wal-Mart Stores E-Commerce Sales Surge 63% – Motley Fool

Sunday, May 21, 2017

Wal-Mart Stores (NYSE:WMT) reported fiscal 2018 first-quarter results on May 19. The retail giant’s e-commerce strategy is gaining momentum, boosted by recent acquisitions and a renewed focus on its online operations. Wal-Mart Stores results: The raw numbers Data source: Wal-Mart Stores Q1 2018 earnings press release. Image source: Wal-Mart Stores. What happened with Wal-Mart Stores this quarter? Total revenue rose 1.4% to $117.5 billion, and 2.5% on a constant currency…

Walmart’s E-Commerce Surge and Other Takeaways for Brands – AdAge.com

Sunday, May 21, 2017

Those boxes are moving fast: Walmart e-commerce sales surged 63%. Credit: Walmart Walmart reported fiscal first-quarter earnings today that showed a huge spike in e-commerce sales as it slightly beat analyst expectations on the bottom line and slightly missed on revenue. Should Amazon be worried? Maybe. Should brand marketers be worried? Definitely. Here are four key takeaways. Walmart’s momentum continued. The giant was well within its own target as U.S….

Wal-Mart’s Huge E-Commerce Bet On Marc Lore Starts Paying Off – Benzinga

Sunday, May 21, 2017

Wal-Mart Stores Inc (NYSE: WMT) shook up the business world after announcing its massive acquisition of Jet.com to boost its e-commerce operations last August. The Quest For Lore The move was more of acqui-hire to secure Jet.com founder Marc Lore and bring his e-commerce expertise to the world’s largest retailer that was seeing significant risks from competitor Amazon.com, Inc. (NASDAQ: AMZN). Lore initially focused on 700 zip codes where Amazon…

NEO’s warehouse boom is built by e-commerce – Crain’s Cleveland Business

Sunday, May 21, 2017

Entire contents copyright Copyright © 2017 Crain Communications Inc. Use of editorial content without permission is strictly prohibited. All rights reserved.

Walmart’s E-Commerce Surge and Other Takeaways for Brands – AdAge.com

Sunday, May 21, 2017

Those boxes are moving fast: Walmart e-commerce sales surged 63%. Credit: Walmart Walmart reported fiscal first-quarter earnings today that showed a huge spike in e-commerce sales as it slightly beat analyst expectations on the bottom line and slightly missed on revenue. Should Amazon be worried? Maybe. Should brand marketers be worried? Definitely. Here are four key takeaways. Walmart’s momentum continued. The giant was well within its own target as U.S….

Southeast Asia’s set for explosive e-commerce growth – Business Insider

Sunday, May 21, 2017

BI Intelligence See Also This story was delivered to BI Intelligence “E-Commerce Briefing” subscribers. To learn more and subscribe, please click here. Southeast Asia will be the next major boom market for e-commerce in Asia-Pacific (APAC), Marc Woo, Google’s head of e-commerce, travel, and financial services, told the Bangkok Post recently. APAC accounted for 40% of global e-commerce sales in Q1 2017, but the vast majority of those sales went…

E-Commerce Initiatives Could Boost Wal-Mart’s Top Line – Forbes

Sunday, May 21, 2017

Wal-Mart is scheduled to announce its fiscal first quarter results on Thursday, May 18. The company had a fairly solid 2016, as its earning per share estimates came in ahead of market expectations throughout, despite the continuous slowdown in the company’s earnings due to increased e-commerce and marketing initiatives. The most striking development of 2016 was Wal-Mart’s comeback in the e-commerce space. The retailer added millions of items to its…

Sauder Woodworking adapts to e-commerce – Toledo Blade

Sunday, May 21, 2017

ARCHBOLD, Ohio — Red Rambler Coffees, a coffee shop in Wauseon that roasts its own blends, faced the ultimate test last week. A team of efficiency experts from the java-loving metropolis of Seattle was arriving Tuesday in nearby Archbold, Ohio, and Kevin Sauder, president and CEO of Sauder Woodworking Co., wasn’t about to play host without a special custom-blended brew to offer…

Wal-Mart’s Huge E-Commerce Bet On Marc Lore Starts Paying Off – Benzinga

Sunday, May 21, 2017

Wal-Mart Stores Inc (NYSE: WMT) shook up the business world after announcing its massive acquisition of Jet.com to boost its e-commerce operations last August. The Quest For Lore The move was more of acqui-hire to secure Jet.com founder Marc Lore and bring his e-commerce expertise to the world’s largest retailer that was seeing significant risks from competitor Amazon.com, Inc. (NASDAQ: AMZN). Lore initially focused on 700 zip codes where Amazon…

NEO’s warehouse boom is built by e-commerce – Crain’s Cleveland Business

Sunday, May 21, 2017

Entire contents copyright Copyright © 2017 Crain Communications Inc. Use of editorial content without permission is strictly prohibited. All rights reserved.

Walmart’s E-Commerce Surge and Other Takeaways for Brands – AdAge.com

Sunday, May 21, 2017

Those boxes are moving fast: Walmart e-commerce sales surged 63%. Credit: Walmart Walmart reported fiscal first-quarter earnings today that showed a huge spike in e-commerce sales as it slightly beat analyst expectations on the bottom line and slightly missed on revenue. Should Amazon be worried? Maybe. Should brand marketers be worried? Definitely. Here are four key takeaways. Walmart’s momentum continued. The giant was well within its own target as U.S….

Wal-Mart’s Huge E-Commerce Bet On Marc Lore Starts Paying Off – Benzinga

Sunday, May 21, 2017

Wal-Mart Stores Inc (NYSE: WMT) shook up the business world after announcing its massive acquisition of Jet.com to boost its e-commerce operations last August. The Quest For Lore The move was more of acqui-hire to secure Jet.com founder Marc Lore and bring his e-commerce expertise to the world’s largest retailer that was seeing significant risks from competitor Amazon.com, Inc. (NASDAQ: AMZN). Lore initially focused on 700 zip codes where Amazon…

Walmart’s E-Commerce Surge and Other Takeaways for Brands – AdAge.com

Sunday, May 21, 2017

Those boxes are moving fast: Walmart e-commerce sales surged 63%. Credit: Walmart Walmart reported fiscal first-quarter earnings today that showed a huge spike in e-commerce sales as it slightly beat analyst expectations on the bottom line and slightly missed on revenue. Should Amazon be worried? Maybe. Should brand marketers be worried? Definitely. Here are four key takeaways. Walmart’s momentum continued. The giant was well within its own target as U.S….

Meet The Japanese E-Commerce Billionaire Who Just Spent $110.5 Million On A Basquiat Painting – Forbes

Saturday, May 20, 2017

DON EMMERT/AFP/Getty Images A Sotheby’s official speaks about an untitled painting by Jean-Michel Basquiat during a media preview May 5 at Sotheby’s in New York City. Yusaku Maezawa, a 41-year-old billionaire and former rock musician from Japan, paid $110.5 million for Jean-Michel Basquiat’s 1982 painting “Untitled,” at the Sotheby’s Contemporary Art Evening Auction on May 18 in New York City. The purchase shattered his own record for most paid for a Basquiat painting,…