Ecommerce

E-commerce in India: state of play – YourStory.com

Sunday, March 26, 2017

The world seems to be watching on excitedly as India fast becomes a major e-commerce player. There is everything  to play for in this industry, but many brands are in need of a little guidance. This article will explore what Indian e-commerce brands can do to seize this opportunity and establish themselves, or expand their online market share. Full steam ahead for Indian e-commerce Now is the time for India…

ICC for freeze on e-commerce duties – The Hindu

Saturday, March 25, 2017

In a bid to boost global e-commerce, the International Chamber of Commerce (ICC) wants the World Trade Organisation (WTO) member countries to make permanent in December 2017, the current moratorium on imposing customs duties on electronic transmissions. The ICC, the world’s largest business organisation working to promote international trade, is led by Bharti Enterprises Chairman Sunil Mittal. The moratorium was included in the 1998 ‘Declaration on Global E-commerce,’ adopted by…

Why you now need a strategy for ecommerce packaging – Packaging Digest

Friday, March 24, 2017

As we see most ecommerce fulfillment being done by third parties such as Amazon rather than by product manufacturers or brand owners, there is a ripple of new challenges being faced by packaging and supply chains. With Amazon proving to have the most authority on what needs to be shipped, when, how and in what quantity, brands are having a difficult time fitting into its ecommerce model. Standard packaging lines…

Amazon faces ‘mother of all battles’ with Gulf ecommerce push – Financial Times

Friday, March 24, 2017

Amazon faces ‘mother of all battles’ with Gulf ecommerce push

Amazon Takes a Gamble on Middle Eastern E-Commerce – New York Times

Friday, March 24, 2017

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Alibaba, JD.com Get Bullish Coverage On E-Commerce Strength In China – Investor’s Business Daily

Friday, March 24, 2017

Coverage was initiated Thursday on China internet giants Alibaba (BABA) and JD.com (JD) by Pacific Crest Securities, giving both a rating of outperform. Pacific Crest analyst Hans Cheng gave Alibaba a price target of 134. He based that on improving monetization in Alibaba’s core e-commerce business, driven by technology enhancements leading to higher click-through rates and improving user engagement. Other revenue drivers include opportunities in rural e-commerce and the “tremendous…

Amazon Paid More Than $650 Million for Middle Eastern E-Commerce Site Souq – TheStreet.com

Friday, March 24, 2017

Amazon (AMZN)  agreed to buy 100% of the United Arab Emirates e-commerce site Souq for a sum between $650 million and $750 million in a deal that Goldman Sachs (GS) helped put together, two people familiar with the matter told the Financial Times. The deal was first reported by Reuters on Wednesday, although no pricing details were divulged.  This is a relatively small deal for Amazon, which did $136 billion in…

Facebook’s New Video Ad Format Aims to Make Ecommerce Easier – Adweek

Friday, March 24, 2017

Facebook wants to use video to drive retail sales. Today the site is launching a new ad format called Collection. A video sits on the top half of the ad unit with four recommended products below. Retailers either select the products they want to feature manually or Facebook pulls popular products from a retailer’s site. Once someone clicks though on a promo from the newsfeed, they are taken to a…

abcdefghijklmnopqrstuvwxyz – Investor’s Business Daily

Thursday, March 23, 2017

Coverage was initiated Thursday on China internet giants Alibaba (BABA) and JD.com (JD) by Pacific Crest Securities, giving both a rating of outperform. Pacific Crest analyst Hans Cheng gave Alibaba a price target of 134. He based that on improving monetization in Alibaba’s core e-commerce business, driven by technology enhancements leading to higher click-through rates and improving user engagement. Other revenue drivers include opportunities in rural e-commerce and the “tremendous…

Facebook’s New Video Ad Format Aims to Make Ecommerce Easier – Adweek

Thursday, March 23, 2017

Facebook wants to use video to drive retail sales. Today the site is launching a new ad format called Collection. A video sits on the top half of the ad unit with four recommended products below. Retailers either select the products they want to feature manually or Facebook pulls popular products from a retailer’s site. Once someone clicks though on a promo from the newsfeed, they are taken to a…

San Diego’s TVPage raises $3M to power video on e-commerce websites – The San Diego Union-Tribune

Thursday, March 23, 2017

San Diego start-up TVPage, a software platform that powers video on e-commerce websites, said Wednesday that it recently raised $3 million in funding from angel investors. The 40-employee firm, which raised the money earlier this year, said former Warner Bros. Pictures President Greg Silverman participated in the funding. Silverman oversaw movies ranging from “The Dark Knight” trilogy to “The Lego Movie” while at Warner Bros. He stepped down in December….

San Diego’s TVPage raises $3M to power video on e-commerce websites – The San Diego Union-Tribune

Thursday, March 23, 2017

San Diego start-up TVPage, a software platform that powers video on e-commerce websites, said Wednesday that it recently raised $3 million in funding from angel investors. The 40-employee firm, which raised the money earlier this year, said former Warner Bros. Pictures President Greg Silverman participated in the funding. Silverman oversaw movies ranging from “The Dark Knight” trilogy to “The Lego Movie” while at Warner Bros. He stepped down in December….

San Diego’s TVPage raises $3M to power video on e-commerce websites – The San Diego Union-Tribune

Thursday, March 23, 2017

San Diego start-up TVPage, a software platform that powers video on e-commerce websites, said Wednesday that it recently raised $3 million in funding from angel investors. The 40-employee firm, which raised the money earlier this year, said former Warner Bros. Pictures President Greg Silverman participated in the funding. Silverman oversaw movies ranging from “The Dark Knight” trilogy to “The Lego Movie” while at Warner Bros. He stepped down in December….

Alibaba plays politics with new cross-border e-commerce initiative in Malaysia – TechCrunch

Wednesday, March 22, 2017

Alibaba is planting another flagpost in Southeast Asia. Unlike its $1 billion acquisition of Lazada last year, the Chinese giant is making political moves after it announced a joint partnership with Malaysia’s government to facilitate international e-commerce in the country. Often overshadowed by India and China, Southeast Asia’s digital economy is tipped for major growth over the next decade. A report co-authored by Google estimates that first-hand online commerce in the region could…

Walmart Launches ‘Store No. 8’ E-Commerce Venture – E-Commerce Times

Wednesday, March 22, 2017

Marc Lore, CEO of Walmart eCommerce U.S., on Tuesday discussed the company’s plans to launch a new venture, called “Store No. 8,” which will operate as a Silicon Valley incubator for new online stores. The incubator will focus on startups engaged in machine learning, artificial intelligence, robotics and augmented reality. Lore unveiled the plans at the annual Shoptalk conference in Las Vegas. The move reflects Walmart’s ambition to catch up…

Blackmores boss Christine Holgate lauds China e-commerce ‘win’ – ABC Online

Wednesday, March 22, 2017

Posted March 22, 2017 18:05:11 Photo: Shares in Blackmores have jumped on the news. (ABC News: Emily Stewart) Blackmores chief executive Christine Holgate says China’s backflip on its cross border ecommerce laws is a “win” for Australia. On Friday, China announced it had indefinitely delayed regulations that threatened to disrupt the flow of Australian products, including Blackmores vitamins and milk powder, into the mainland market. As a…

Tristan Walker: ‘No one wants to fund e-commerce companies anymore’ – Recode

Wednesday, March 22, 2017

When Tristan Walker decided to raise venture capital money for his new startup, a health and beauty company that makes products for people of color, the fact that he was running a tech company — not a retail company — was key. “When I started, I said we’re a tech company. That’s bullshit,” Walker said Monday night at Recode’s Code Commerce conference in Las Vegas. “If you go to any…

Walmart Launches ‘Store No. 8’ E-Commerce Venture – E-Commerce Times

Wednesday, March 22, 2017

Marc Lore, CEO of Walmart eCommerce U.S., on Tuesday discussed the company’s plans to launch a new venture, called “Store No. 8,” which will operate as a Silicon Valley incubator for new online stores. The incubator will focus on startups engaged in machine learning, artificial intelligence, robotics and augmented reality. Lore unveiled the plans at the annual Shoptalk conference in Las Vegas. The move reflects Walmart’s ambition to catch up…

Blackmores boss Christine Holgate lauds China e-commerce ‘win’ – ABC Online

Wednesday, March 22, 2017

Posted March 22, 2017 18:05:11 Photo: Shares in Blackmores have jumped on the news. (ABC News: Emily Stewart) Blackmores chief executive Christine Holgate says China’s backflip on its cross border ecommerce laws is a “win” for Australia. On Friday, China announced it had indefinitely delayed regulations that threatened to disrupt the flow of Australian products, including Blackmores vitamins and milk powder, into the mainland market. As a…