Ecommerce

FDI in e-commerce will help SMEs scale operations and aid expansion – Economic Times

Monday, June 16, 2014

NEW DELHI: Pushing for introducing FDI in B2C e-commerce, industry bodies and e-commerce firms have said such moves will help SMEs scale up their operations and aid expansion into smaller parts of the country. Players like Fashionandyou, Yebhi.com and ShopClues along with industry bodies like Nasscom and IAMAI said allowing foreign direct investment (FDI) in business to consumer (B2C) e-commerce will allow smaller firms raise the much-needed finance from international…

Global Ecommerce Provider Digital River Now Accepting Bitcoin – Wall Street Journal

Monday, June 16, 2014

Makes bitcoin available as part of its global commerce solution for small to midsized businesses selling online in the U.S. MINNEAPOLIS–(BUSINESS WIRE)–June 16, 2014– Digital River, Inc. (NASDAQ:DRIV), a leading global provider of Commerce-as-a-Service solutions, today announced it has added bitcoin as a payment option for merchants that are selling online in the United States and using its small to mid-sized commerce solution. Bitcoin will now be available along with…

Use arrows below or keyboard arrows to navigate through images – Vogue.com

Monday, June 16, 2014

TODAY is a busy day for JW Anderson. Not only did his spring/summer 2015 menswear show take place at 10am this morning, but his website – and first e-commerce platform - launches, too.  “Opening an e-commerce website is a natural step for us,” the designer told us….

World’s biggest ecommerce player Alibaba reveals sales figures in new IPO filing – VentureBeat

Monday, June 16, 2014

Investors were concerned with the scant details ecommerce giant Alibaba Group provided when filing for its initial public offering, so the company has returned with an amended filing chockfull of info. The document includes sales figures for its two main shopping sites, Taobao and Tmall, as well as a list of the 27 people who control more than half of the company’s board nominations. This is the first time the Hangzhou, China-based company has released sales figures for…

The Solution to the Local E-Commerce Scene? – The Daily Star

Monday, June 16, 2014

Payza is one of the leading global online payment platforms which specialize in e-commerce processing, corporate disbursements and remittances. Payza has been operating in Bangladesh for over two years, in the duration of which they have introduced two services- the first, introduced in March 2012 allowed Payza users to send money from abroad to other Payza users inside the country. The second service improved on the first by letting users…

PHLPost considers more active role in e-commerce – GMA News

Monday, June 16, 2014

With snail mail steadily losing ground to email and the Internet, the Philippine Postal Corp. (PHLPost) is looking into more opportunities in e-commerce. Postmaster General Josefina dela Cruz said the online retail business boom allows consumers to shop in their own homes, and cut on costs like transportation and food when going to malls. In a news release, PHLPost said dela Cruz made this observation at the recent International Post…

Wal-Mart to launch e-commerce marketplace in India in July – Reuters India

Saturday, June 14, 2014

NEW DELHI (Reuters) – Wal-Mart Stores Inc (WMT.N) will launch its business-to-business e-commerce platform in the Indian cities of Lucknow and Hyderabad in the first week of July, its India boss said on Friday. The world’s largest retailer has 20 wholesale outlets in India, including in Lucknow and Hyderabad, which will support its e-commerce services, its India Chief Executive Officer Krish Iyer said. It would look at rolling out the…

China’s e-commerce giant takes on eBay and Amazon – Fox News

Saturday, June 14, 2014

AP/File There’s a new kid on the block looking to take on eBay and Amazon. At first glance you may think 11Main.com is just another Internet startup that will quickly fade and disappear, as have so many others that tried to compete with the big boys. But 11 Main has a big brother in the form of Alibaba, the largest company in China’s vast e-commerce marketplace. ADVERTISEMENT ADVERTISEMENT Alibaba will…

Five Below hires Walmart.com CEO to expand its ecommerce presence – Technical.ly

Saturday, June 14, 2014

Five Below, the Philadelphia-based retailer with more than 325 stores in 20 states, wants to expand its ecommerce presence, and it just hired Walmart.com CEO Joel Anderson to do so, the Philadelphia Inquirer reported. Five Below caters to middle-school children. The company also hired Eric Specter, former Chief Integration Officer at the Mahwah, N.J.-based women’s retailer Ascena Retail Group. He’ll be in charge of “supply chain, info tech and real estate,”…

43% e-commerce growth in Saudi Arabia – ArabianBusiness.com

Saturday, June 14, 2014

Saudi Arabia has registered the MENA’s highest e-commerce growth rate in Q1 2014, according to the latest analysis by Visa. The kingdom saw an estimated 43 percent overall e-commerce growth, comparing 2013 and 2014 data, the retail electronic payments network’s study revealed. The Q1 2014 growth was driven by increases in both domestic and cross-border e-commerce, which saw a 67 percent and 36 percent growth over the same period last…

Facebook plans to launch a new e-commerce-focused ad unit – InternetRetailer.com

Saturday, June 14, 2014

The social network will soon let advertisers feature multiple products in a single ad, helping them improve click rates, Facebook executive Nicolas Franchet said yesterday at IRCE. In a test of the new ad format, web merchant Zulily said the new ad format improved its cost per acquisition by 18%. Facebook Inc….

Why Alibaba’s 11Main.com Threatens The Status Quo Of U.S. E-commerce – Forbes

Saturday, June 14, 2014

With immodest pride Alibaba, the Chinese e-commerce powerhouse announced that shortly they would launch 11Main.com. This will be the first time American customers will be able to buy merchandise from an Alibaba affiliate. The site is now in a beta stage and will soon open its doors to customers. The offerings will be strong competition to Amazon and eBay. According to reports the site will offer “hundreds of thousands of…

Why Alibaba’s 11Main.com Threatens The Status Quo Of U.S. E-commerce – Forbes

Friday, June 13, 2014

With immodest pride Alibaba, the Chinese e-commerce powerhouse announced that shortly they would launch 11Main.com. This will be the first time American customers will be able to buy merchandise from an Alibaba affiliate. The site is now in a beta stage and will soon open its doors to customers. The offerings will be strong competition to Amazon and eBay. According to reports the site will offer “hundreds of thousands of…

Why Alibaba’s 11Main.com Threatens The Status Quo Of U.S. E-commerce – Forbes

Friday, June 13, 2014

With immodest pride Alibaba, the Chinese e-commerce powerhouse announced that shortly they would launch 11Main.com. This will be the first time American customers will be able to buy merchandise from an Alibaba affiliate. The site is now in a beta stage and will soon open its doors to customers. The offerings will be strong competition to Amazon and eBay. According to reports the site will offer “hundreds of thousands of…

Wal-Mart to launch e-commerce marketplace in India in July – Fox Business

Friday, June 13, 2014

NEW DELHI –  Wal-Mart Stores Inc will launch its business-to-business e-commerce platform in the Indian cities of Lucknow and Hyderabad in the first week of July, the world’s largest retailer’s India boss said on Friday. Sales through the firm’s e-commerce service will be available only to its trader members, said Krish Iyer, India president and chief executive officer. Iyer said Wal-Mart would look at rolling out this service to other…

Alibaba takes on Amazon and eBay with US e-commerce website – Reuters

Friday, June 13, 2014

(Reuters) – Chinese e-commerce company Alibaba Group Holding Ltd unveiled its first direct-to-consumer online shop in the United States on Wednesday, looking to take on Amazon.com Inc and eBay Inc on their home turf. The website, 11main.com, which is currently in beta, will feature a wide range of products, including “one-of-a-kind items, not available at mass merchants and other large e-commerce sites,” Alibaba said. The website displayed an “opening soon”…

Why Alibaba’s 11Main.com Threatens The Status Quo Of U.S. E-commerce – Forbes

Thursday, June 12, 2014

With immodest pride Alibaba, the Chinese e-commerce powerhouse announced that shortly they would launch 11Main.com. This will be the first time American customers will be able to buy merchandise from an Alibaba affiliate. The site is now in a beta stage and will soon open its doors to customers. The offerings will be strong competition to Amazon and eBay. According to reports the site will offer “hundreds of thousands of…

Why Alibaba’s 11Main.com Threatens The Status Quo Of U.S. E-commerce – Forbes

Thursday, June 12, 2014

With immodest pride Alibaba, the Chinese e-commerce powerhouse announced that shortly they would launch 11Main.com. This will be the first time American customers will be able to buy merchandise from an Alibaba affiliate. The site is now in a beta stage and will soon open its doors to customers. The offerings will be strong competition to Amazon and eBay. According to reports the site will offer “hundreds of thousands of…

Alibaba-owned e-commerce company 11 Main launches – San Jose Mercury News

Thursday, June 12, 2014

SAN MATEO — A new shopping website site backed by Alibaba launched here Wednesday, a sign that the Chinese e-commerce giant is aiming to dominate more of the American retail market as it gears up to begin trading publicly as early as this summer on a U.S. stock exchange. E-commerce site 11 Main offers consumers access to merchandise from small businesses in an online marketplace that aims to replicate a…