Ecommerce

Why the explosive growth of e-commerce could mean more jobs – wreg.com

Monday, October 30, 2017

WASHINGTON (AP) — When the robots came to online retailer Boxed, dread came, too: The familiar fear that the machines would take over, leaving a trail of unemployed humans in their wake. “I had a lot of people asking me, ‘What is going to happen to us?’” says Veronica Mena, a trainer for the e-commerce startup, recalling the anxiety that rippled through her co-workers after company executives announced plans to…

Why the explosive growth of e-commerce could mean more jobs – Yahoo Finance

Sunday, October 29, 2017

WASHINGTON (AP) — When the robots came to online retailer Boxed, dread came too: The familiar fear that the machines would take over, leaving a trail of unemployed humans in their wake. “I had a lot of people asking me, ‘What is going to happen to us?’” says Veronica Mena, a trainer for the e-commerce startup. Anxiety had rippled through her co-workers after company executives announced plans to open an…

Why the explosive growth of e-commerce could mean more jobs – Allentown Morning Call

Sunday, October 29, 2017

WASHINGTON — When the robots came to online retailer Boxed, dread came too: The familiar fear that the machines would take over, leaving a trail of unemployed humans in their wake. “I had a lot of people asking me, `What is going to happen to us?“’ says Veronica Mena, a trainer for the e-commerce startup. Anxiety had rippled through her co-workers after company executives announced plans to open an automated…

Dubai to create Dh2.7bn e-commerce free zone – The National

Saturday, October 28, 2017

Dubai plans to create a Dh2.7 billion e-commerce free-zone close to Dubai International Airport to tap the Arabian Gulf region’s e-commerce market, which is forecast to quadruple to US$20bn by 2020. Dubai CommerCity, a joint venture between Dubai Airport Freezone Authority (Dafza) and wasl Asset Management Group, will stretch over a 2.1 million square feet area in Umm Ramool, Dafza said in a statement. Wasl manages the Dubai government’s property…

Southeast Asian e-commerce startup Carousell closes $70-$80M Series C round – TechCrunch

Friday, October 27, 2017

Singapore-based startup Carousell is in the money this week after it closed a Series C round of between $70-$80 million, two sources with knowledge of the deal told TechCrunch. Started by three graduates from the National University of Singapore in 2012, Carousell operates a mobile-first listings service for second-hand goods and services in Southeast Asia, Taiwan and Hong Kong. Prior to this new funding it had raised $41 million, including…

China’s HNA in talks to buy e-commerce firm Dangdang likely valued over $1 billion: sources – Reuters

Friday, October 27, 2017

HONG KONG (Reuters) – China’s HNA Group Co Ltd [HNAIRC.UL] is in talks to buy a controlling stake in E-commerce China Dangdang Inc in a deal that could value the online marketplace at over $1 billion, two people with direct knowledge of the matter told Reuters. Dangdang, an Amazon Inc (AMZN.O) rival in China, is also in talks with other potential investors, said the people, who declined to be identified…

Three Ways To Be Cutting Edge In E-Commerce – Forbes

Thursday, October 26, 2017

Shutterstock Technology has led to an evolution in the retail industry over the last two decades. It all started with the move to e-commerce in the early 2000’s. Now, most retail companies find they are having to learn and adapt to a wide variety of technological tools and marketplaces. The retail environment has been further disrupted by daily deal sites, targeted advertising and, most recently, automated customer service bots. Not only…

Will Indian e-commerce ever match up to the Chinese dragon? – YourStory.com

Thursday, October 26, 2017

The Indian e-tail market is less than 2 percent that of China, and there are hopes it will catch up. Research, however, highlights the vast difference. India’s online retail industry has taken up significant space in the investor wallet and mind over the past decade. It has also seen some of the largest funding deals, with Flipkart’s almost-$4 billion funding this year leading the pack. A look at the infographic…

Centre to aid offshore e-commerce play – The Hindu

Thursday, October 26, 2017

The Union government is working on a new policy to expand the footprint of the Indian e-commerce sector to tap potential markets outside the country, including Africa and Southeast Asia. This is part of efforts to achieve the target of making India a trillion-dollar digital economy in the next seven years, a senior official of the Electronics and Information Technology Ministry told The Hindu. Two aspects “We are working on…

Why India’s e-commerce pioneer does not see Flipkart turning profitable. Ever – Economic Times

Thursday, October 26, 2017

Flipkart‘s triumph over Amazon India during seasonal sales may still be in the realm of conjecture, but India’s e-commerce pioneer is worried for the homegrown online retailer for other reasons too. The founder of India’s first e-commerce platform Indiaplaza does not see Flipkart turning profitable – ever. “Both are burning cash to acquire customers during their respective sale festivals, but I would worry more about Flipkart,” says K Vaitheeswaran. “Amazon…

Why India’s e-commerce pioneer does not see Flipkart turning profitable. Ever – Economic Times

Wednesday, October 25, 2017

Flipkart‘s triumph over Amazon India during seasonal sales may still be in the realm of conjecture, but India’s e-commerce pioneer is worried for the homegrown online retailer for other reasons too. The founder of India’s first e-commerce platform Indiaplaza does not see Flipkart turning profitable – ever. “Both are burning cash to acquire customers during their respective sale festivals, but I would worry more about Flipkart,” says K Vaitheeswaran. “Amazon…

E Commerce: Why India’s e-commerce pioneer does not see Flipkart … – Economic Times

Wednesday, October 25, 2017

Flipkart‘s triumph over Amazon India during seasonal sales may still be in the realm of conjecture, but India’s e-commerce pioneer is worried for the homegrown online retailer for other reasons too. The founder of India’s first e-commerce platform Indiaplaza does not see Flipkart turning profitable – ever. “Both are burning cash to acquire customers during their respective sale festivals, but I would worry more about Flipkart,” says K Vaitheeswaran. “Amazon…

Why India’s e-commerce pioneer does not see Flipkart turning profitable. Ever – Economic Times

Wednesday, October 25, 2017

Flipkart‘s triumph over Amazon India during seasonal sales may still be in the realm of conjecture, but India’s e-commerce pioneer is worried for the homegrown online retailer for other reasons too. The founder of India’s first e-commerce platform Indiaplaza does not see Flipkart turning profitable – ever. “Both are burning cash to acquire customers during their respective sale festivals, but I would worry more about Flipkart,” says K Vaitheeswaran. “Amazon…

Amazon could be responsible for nearly half of US e-commerce sales in 2017 – Recode

Tuesday, October 24, 2017

For online retailers, Amazon is becoming even more daunting. Amazon will own a bigger piece of e-commerce sales this year owning about 44 cents out of every e-commerce dollar spent in the U.S., up from 38 cents the previous year, according to new estimates on public companies from research firm eMarketer. Amazon’s e-commerce sales are expected to grow 32 percent to $196.8 billion dollars in 2017 in the U.S., or…

Godiva expands its e-commerce push beyond Amazon and Macys.com – Digiday

Tuesday, October 24, 2017

For the past five years, Godiva has sold its chocolates outside its own site only on Amazon and Macys.com. Now, the company is looking beyond those two businesses to sell online through supermarkets Walmart, Kroger, Target, Publix, Walgreens, Costco, BJ’s and Albertsons. These retailers are in the process of going live with their Godiva product pages. For this move, Godiva has developed a new line of chocolates that it’s selling specifically…

How India’s E-Commerce Players Prepare For The Diwali Shopping … – Forbes

Tuesday, October 24, 2017

A manager shows a Diwali Ekart Logistics service gift for customers during a briefing at the Flipkart Online Services Pvt office in the Jayaprakash Narayan Nagar area of Bengaluru, India, on Wednesday, Oct. 26, 2016. Photographer: Dhiraj Singh/Bloomberg The advent of e-commerce in India has redefined the way Indians celebrate their average festival. In the last few months of the year, e-commerce majors such as Amazon, Flipkart, and Shopclues compete…

How This Niche E-Commerce Site Uses A Personal Touch To Slash Shopping Cart Abandonment – Forbes

Tuesday, October 24, 2017

Shutterstock When entrepreneur Amy Venzke started Strolleria with her husband Drew to sell high-end strollers and car seats, she had no illusions about the competition she was up against. “We sell the same products at the same prices as many other retailers,” she says. The Venzkes opened a brick-and-mortar store in Scottsdale, AZ, in June of 2016. They launched a Shopify e-commerce store at the same time. On the web, Strolleria…

E-commerce company Threadless acquires shoe brand Bucketfeet … – Chicago Tribune

Tuesday, October 24, 2017

Threadless, a Chicago-based online artist community and e-commerce website, has acquired shoe brand Bucketfeet and will begin producing on-demand footwear, officials announced Monday. Founded in 2000, Threadless is an online retailer that sells T-shirts and other merchandise showcasing artist-submitted designs. The designs that get the most votes from the 3.2 million Threadless community members are printed onto T-shirts, bags, wall art and more. Chicago-based Bucketfeet also offers custom designs, but…