Ecommerce

Billion-dollar buyouts new ‘gold standard’ for e-commerce start-ups, Bonobos CEO says – CNBC

Wednesday, November 30, 2016

But while acquisitions seem rampant, IPOs have been scarce. U.S. IPO filings have fallen more than 47 percent from a year ago, according to Renaissance Capital. Blue Nile, an online jeweler that caters to millennials, recently decided to go private, in part because it wanted to continue to evolve in the non-public environment, chairman, CEO and president Harvey Kanter told CNBC’s “Power Lunch” on Monday. Beauty subscription service Birchbox, for…

Europe B2C E-Commerce Market 2016 – PR Newswire (press release)

Wednesday, November 30, 2016

Some common characteristics emerge in the various online retail markets across Europe, including the increasing importance of mobile and cross-border shopping, yStats.com’s report reveals. For example, in Italy, M-Commerce’s share of total online retail sales is projected to more than double through 2017, and in Russia, China-based cross-border shopping websites are gaining popularity each year. Another market trait shared by many countries in Europe is the leadership of clothing…

Cyber Monday set a U.S. e-commerce record with $3.45 billion in sales – Recode

Wednesday, November 30, 2016

Online shoppers spent about $3.45 billion online on Cyber Monday, setting a record for the largest day in U.S. e-commerce history, according to Adobe. The record marks a 12 percent increase over the same day last year, with smartphones accounting for more than one out of every five sales. At the same time, the total was just 3 percent higher than that of Black Friday, as the two big days…

Billion-dollar buyouts new ‘gold standard’ for e-commerce start-ups, Bonobos CEO says – CNBC

Wednesday, November 30, 2016

But while acquisitions seem rampant, IPOs have been scarce. U.S. IPO filings have fallen more than 47 percent from a year ago, according to Renaissance Capital. Blue Nile, an online jeweler that caters to millennials, recently decided to go private, in part because it wanted to continue to evolve in the non-public environment, chairman, CEO and president Harvey Kanter told CNBC’s “Power Lunch” on Monday. Beauty subscription service Birchbox, for…

Berks company acquires Texas-based e-commerce firm – WFMZ Allentown

Wednesday, November 30, 2016

WYOMISSING, Pa. – A Berks County-based information technology company is expanding its reach, acquiring an “influential and innovative” e-commerce firm, headquartered in Austin, Texas. Weidenhammer announced Tuesday that it has reached an agreement to acquire Praxis Information Science, positioning Weidenhammer as a “major provider of e-commerce solutions and the provision of services around the Magento e-commerce platform,” according to the company’s president, John P. Weidenhammer. “We believe that substantial synergy…

Cyber Monday set a US e-commerce record with $3.45 billion in sales – Recode

Tuesday, November 29, 2016

Online shoppers spent about $3.45 billion online on Cyber Monday, setting a record for the largest day in U.S. e-commerce history, according to Adobe. The record marks a 12 percent increase over the same day last year, with smartphones accounting for more than one out of every five sales. At the same time, the total was just 3 percent higher than that of Black Friday, as the two big days…

Cyber Monday set a US e-commerce record with $3.45 billion in sales – Recode

Tuesday, November 29, 2016

Online shoppers spent about $3.45 billion online on Cyber Monday, setting a record for the largest day in U.S. e-commerce history, according to Adobe. The record marks a 12 percent increase over the same day last year, with smartphones accounting for more than one out of every five sales. At the same time, the total was just 3 percent higher than that of Black Friday, as the two big days…

Billion-dollar buyouts new ‘gold standard’ for e-commerce start-ups … – CNBC

Tuesday, November 29, 2016

But while acquisitions seem rampant, IPOs have been scarce. U.S. IPO filings have fallen more than 47 percent from a year ago, according to Renaissance Capital. Blue Nile, an online jeweler that caters to millennials, recently decided to go private, in part because it wanted to continue to evolve in the non-public environment, chairman, CEO and president Harvey Kanter told CNBC’s “Power Lunch” on Monday. Beauty subscription service Birchbox, for…

Billion-dollar buyouts new ‘gold standard’ for e-commerce start-ups … – CNBC

Tuesday, November 29, 2016

But while acquisitions seem rampant, IPOs have been scarce. U.S. IPO filings have fallen more than 47 percent from a year ago, according to Renaissance Capital. Blue Nile, an online jeweler that caters to millennials, recently decided to go private, in part because it wanted to continue to evolve in the non-public environment, chairman, CEO and president Harvey Kanter told CNBC’s “Power Lunch” on Monday. Beauty subscription service Birchbox, for…

Billion-dollar buyouts new ‘gold standard’ for e-commerce start-ups, Bonobos CEO says – CNBC

Tuesday, November 29, 2016

But while acquisitions seem rampant, IPOs have been scarce. U.S. IPO filings have fallen more than 47 percent from a year ago, according to Renaissance Capital. Blue Nile, an online jeweler that caters to millennials, recently decided to go private, in part because it wanted to continue to evolve in the non-public environment, chairman, CEO and president Harvey Kanter told CNBC’s “Power Lunch” on Monday. Beauty subscription service Birchbox, for…

Billion-dollar buyouts new ‘gold standard’ for e-commerce start-ups, Bonobos CEO says – CNBC

Tuesday, November 29, 2016

But while acquisitions seem rampant, IPOs have been scarce. U.S. IPO filings have fallen more than 47 percent from a year ago, according to Renaissance Capital. Blue Nile, an online jeweler that caters to millennials, recently decided to go private, in part because it wanted to continue to evolve in the non-public environment, chairman, CEO and president Harvey Kanter told CNBC’s “Power Lunch” on Monday. Beauty subscription service Birchbox, for…

Billion-dollar buyouts new ‘gold standard’ for e-commerce start-ups, Bonobos CEO says – CNBC

Tuesday, November 29, 2016

But while acquisitions seem rampant, IPOs have been scarce. U.S. IPO filings have fallen more than 47 percent from a year ago, according to Renaissance Capital. Blue Nile, an online jeweler that caters to millennials, recently decided to go private, in part because it wanted to continue to evolve in the non-public environment, chairman, CEO and president Harvey Kanter told CNBC’s “Power Lunch” on Monday. Beauty subscription service Birchbox, for…

Billion-dollar buyouts new ‘gold standard’ for e-commerce start-ups, Bonobos CEO says – CNBC

Monday, November 28, 2016

But while acquisitions seem rampant, IPOs have been scarce. U.S. IPO filings have fallen more than 47 percent from a year ago, according to Renaissance Capital. Blue Nile, an online jeweler that caters to millennials, recently decided to go private, in part because it wanted to continue to evolve in the non-public environment, chairman, CEO and president Harvey Kanter told CNBC’s “Power Lunch” on Monday. Beauty subscription service Birchbox, for…

Mobile saw the greatest boost in activity, according to a report from Philly-based Monetate. – Philadelphia magazine

Monday, November 28, 2016

Screenshot of Five Below’s Cyber Monday page. It’s finally Cyber Monday, but shoppers didn’t wait until today to take advantage of online deals. According to the National Retail Federation, which released numbers on Sunday, 44 percent of consumers did their shopping online, compared with 40 percent at brick-and-mortar shops. And according to Philly-based brand customization startup Monetate, which analyzed e-commerce activity across more than 100 million U.S. consumer channels on desktops,…

Handbag Designer Lee Savage On Launching Her Luxury E-Commerce Site – Forbes

Monday, November 28, 2016

Handbag designer Lee Savage has launched an e-commerce site just in time for the holiday season. Since founding her namesake brand in 2013, Savage’s assortment of clutches have been seen at most red carpet events, gracing the arms of celebrities like Kate Hudson, Jessica Alba and Naomi Watts. Her pieces are also carried by some of the most renowned luxury retailers, including Barneys New York and Net-A-Porter.  Indeed, Savage has…

MTN eyeing Iran’s e-commerce opportunities – Press TV

Monday, November 28, 2016

South Africa’s telecom giant MTN Group says it has devised serious plans to boost its presence in the Iranian market, emphasizing that e-commerce will comprise a key theme of the company’s agenda for its future business in Iran.    A top MTN official told Reuters that Iran expansion plans were part of a wider 10-year strategy to cement the company’s position in what he described as risky but lucrative…

Alibaba And Amazon Are In An E-Commerce Cold War For Asia … – Forbes

Monday, November 28, 2016

(Photo credit: STR/AFP/Getty Images) Arguably, the most important e-commerce battle in the world right now is not between Amazon and Walmart or Amazon and the new wave of omnichannel players like Warby Parker and Dollar Shave Club. Rather, it’s the Cold War between Alibaba and Amazon. It’s a battle that will likely span decades, and in the next few years, be most pronounced in Southeast Asia. The players In India,…

Mondelez Hires Two Outsiders in Media and E-commerce Overhaul – AdAge.com

Monday, November 28, 2016

Mondelez International hired two outsiders with plenty of consumer packaged goods experience to run its media and digital team and its e-commerce business as the snack maker looks for ways to operate both operations more effectively. Bob Rupczynski joined Nov. 8 as V-head of global media and digital, moving over to the snack company from food marketer Kraft Heinz Co. Kimberly-Clark’s Jeff Jarrett joined Oct. 6 as VP-global head of…

Hard Liquor Helps E-Commerce Titans Take China’s Consumer Pulse – Bloomberg

Monday, November 28, 2016

Predicting the changing tastes of China’s consumers is becoming easier thanks to the country’s e-commerce giants, who monitor sales that can exceed $17 billion in a single day. The country’s second-biggest web-based retail platform, JD.com Inc., already has dozens of new indexes tracking sales of products from liquor to appliances. Larger rival Alibaba Group Holding Ltd. plans to publish its own spending gauges in coming months. Their data is vital…

Verizon Retail Index Sees High eCommerce Holiday Traffic – Nasdaq

Monday, November 28, 2016

According to a recent report by U.S. telecom behemoth Verizon Communications Inc . VZ Enterprise Solutions’ third annual Verizon Retail Index, the average daily eCommerce traffic volumes to U.S.-based retailers on Black Friday were up 9% year over year while peak ecommerce volumes were 39% higher than 2015 levels, indicating increased consumer engagement through digital platforms. Moreover, Thanksgiving (Nov 24) drove eCommerce traffic by 10% year over year while…