Ecommerce

Equity podcast: Uber’s losses, Cloudera’s IPO and the biggest e-commerce acquisition ever – TechCrunch

Friday, April 21, 2017

Welcome back to Equity, TechCrunch’s venture capital-focused podcast. This episode Katie Roof, Matthew Lynley and myself were joined by Ethan Kurzweil of Bessemer Venture Partners for a lively-as-heck conversation covering the biggest financial news of the week. First up was Uber’s newly disclosed financials. The company has a history of leaks and losses, but this time around we read corporate-approved numbers detailing quickly growing revenue (expected), stiff losses (expected), and…

Optimism for Ecommerce in Spain – eMarketer

Friday, April 21, 2017

New Report in eMarketer PRO This Week Worldwide Ad Spending: The eMarketer Forecast for 2017 Paid media advertising outlays worldwide will increase 7.3% in 2017 to $583.91 billion. Growth will be roughly on par with previous estimates, and spending will rise at a steady pace throughout the forecast period, driven by increased investments in digital and mobile ads. Preview Report Not a PRO subscriber? Find out how to become one.

Increasing E-Commerce Sales Continue to Drive Industrial Construction – National Real Estate Investor

Friday, April 21, 2017

Industrial real estate will never be a glamorous product type, nor will it see sharp increases in rents like the office sector, which saw rents spike 5 percent last year, according to New York-based research firm Reis Inc. But it remains a sector with improving fundamentals poised for continued growth. In fact, in all 45 markets tracked by Reis industrial real estate is experiencing positive rent growth. According to Reis…

DHL eCommerce Launches e-commerce Services in Chile with Nationwide Coverage – Yahoo Finance

Thursday, April 20, 2017

SANTIAGO, Chile–(BUSINESS WIRE)– DHL eCommerce, a division of the world’s leading logistics company Deutsche Post DHL Group (DPDHL), has launched a B2C domestic delivery operation with tailored and customer-centric solutions in Chile. The Chilean e-commerce sector is set to double its size to $2.3 billion by 20201. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170420006610/en/ “The future is incredibly bright for the e-commerce sector across Latin…

Alibaba’s Ambitious Plan For Indonesia’s eCommerce Industry And What It Signals – Frontera News

Thursday, April 20, 2017

This is post 3 of 5 in the series “Here’s Why Tech Companies Think Indonesia Is A Hot Investment Destination” Indonesia Remains Far Behind Regional Competitors in Technology Startups Market Share of Smart Phone Companies In Indonesia And How Apple Intends to Grow Its 1% Alibaba’s Ambitious Plan For Indonesia’s eCommerce Industry And What It Signals Seven Stocks to Watch As Internet Penetration in Emerging Markets Soars Alibaba, Facebook and…

South Island getting into China, the e-commerce way – New Zealand Herald

Thursday, April 20, 2017

A virtual airport terminal, big data, autonomous vehicles, augmented reality and artificial intelligence – not the usual starting points for an interview with a tourism sector chief executive on a cold, damp, smoggy night in China. But Christchurch International Airport CEO Malcolm Johns is on a roll as he outlines his plans to put innovation and disruption at the centre of the company’s…

Five Common E-Commerce Mistakes That Scupper New Online Stores – Web Host Industry Review (blog)

Thursday, April 20, 2017

I can’t count the number of e-commerce stores I’ve seen come and go. They start with abundant enthusiasm, commitment, and excitement, but many don’t last to reap the rewards of a successful e-commerce business. What’s different about the store’s that make it? A dedication to detail and to crafting the best possible experience for their shoppers. In practical terms, that means taking the time to avoid these five common e-commerce…

Walmart’s Bargain-Bin E-Commerce Plan – Bloomberg

Thursday, April 20, 2017

If you’d asked the founders of Bonobos a decade ago what their company would look like 10 years hence, it’s unlikely getting gobbled up by Wal-Mart Stores Inc. would have been part of the picture. The hip menswear brand — which began selling pants from a Manhattan apartment and whose physical stores don’t actually offer any items for sale — doesn’t exactly fit with Walmart, which predominantly sells groceries and gets 97 percent of its sales…

Alibaba’s Ambitious Plan For Indonesia’s eCommerce Industry And What It Signals – Frontera News

Thursday, April 20, 2017

This is post 3 of 5 in the series “Here’s Why Tech Companies Think Indonesia Is A Hot Investment Destination” Indonesia Remains Far Behind Regional Competitors in Technology Startups Market Share of Smart Phone Companies In Indonesia And How Apple Intends to Grow Its 1% Alibaba’s Ambitious Plan For Indonesia’s eCommerce Industry And What It Signals Seven Stocks to Watch As Internet Penetration in Emerging Markets Soars Alibaba, Facebook and…

Walmart’s Bargain-Bin E-Commerce Plan – Bloomberg

Thursday, April 20, 2017

If you’d asked the founders of Bonobos a decade ago what their company would look like 10 years hence, it’s unlikely getting gobbled up by Wal-Mart Stores Inc. would have been part of the picture. The hip menswear brand — which began selling pants from a Manhattan apartment and whose physical stores don’t actually offer any items for sale — doesn’t exactly fit with Walmart, which predominantly sells groceries and gets 97 percent of its sales…

Alibaba’s Ambitious Plan For Indonesia’s eCommerce Industry And What It Signals – Frontera News

Thursday, April 20, 2017

This is post 3 of 5 in the series “Here’s Why Tech Companies Think Indonesia Is A Hot Investment Destination” Indonesia Remains Far Behind Regional Competitors in Technology Startups Market Share of Smart Phone Companies In Indonesia And How Apple Intends to Grow Its 1% Alibaba’s Ambitious Plan For Indonesia’s eCommerce Industry And What It Signals Seven Stocks to Watch As Internet Penetration in Emerging Markets Soars 90% Analysts Advise…

PetSmart is buying Chewy.com in possibly the biggest e-commerce acquisition ever – Los Angeles Times

Wednesday, April 19, 2017

PetSmart, the nation’s largest pet-supplies retailer, has agreed to acquire Chewy.com, the market’s No. 1 online retailer. The combination of Phoenix-based PetSmart, with 1,500 stores nationwide, and Chewy, based outside Miami, will enhance both companies’ reach, the companies said Tuesday. The acquisition, which is subject to customary regulatory approvals, is expected to close this summer. Terms of the transaction were not disclosed. However, tech media site Recode, citing unnamed sources,…

Walmart’s Bargain-Bin E-Commerce Plan – Bloomberg

Wednesday, April 19, 2017

If you’d asked the founders of Bonobos a decade ago what their company would look like 10 years hence, it’s unlikely getting gobbled up by Wal-Mart Stores Inc. would have been part of the picture. The hip menswear brand — which began selling pants from a Manhattan apartment and whose physical stores don’t actually offer any items for sale — doesn’t exactly fit with Walmart, which predominantly sells groceries and gets 97 percent of its sales…

Walmart’s E-commerce Strategy: Pure Genius Or Venture Capitalist Bailout Fund? – Forbes

Wednesday, April 19, 2017

An employee double checks the contents of a customer order before sealing the package for shipment at the Jet.com Inc. fulfillment center. Photographer: Daniel Acker/Bloomberg Some believe Walmart should be pilloried for its laggard status in e-commerce. Many of these same folks are now cheering the company’s decision to put all e-commerce under internet wunderkind Mark Lore, as well as its new aggressive strategy to acquire online brands (Jet, ModCloth, ShoeBuy,…

Retail Workers Fight to Get a Cut in the Era of Ecommerce – Racked

Wednesday, April 19, 2017

“They tried to disregard the union and I said nooo, nooo, nooo!” At a rally for a new Bloomingdale’s employee contract, a band plays a parody of Amy Winehouse’s “Rehab” while scattered voices in the crowd register the tune and sing along. The workers, who are part of the Local 3 United Store Workers under the Retail, Wholesale and Department Store Union (RWDSU), are contained on a single block next…

How Softbank is adding spice to the Amazon-Alibaba battle in Indian e-commerce – Mashable

Wednesday, April 19, 2017

Venture Beat recently published a piece headlined ‘India’s e-commerce battle is not Indian anymore’ that highlighted the battle between Amazon and China’s Alibaba Group in the world’s fastest-growing e-commerce market. But there’s probably a third player in the game too. And that is Japanese telecom and investment giant Softbank which is suddenly the buzzword in India’s e-commerce world.  SEE ALSO: Softbank reportedly wants to merge India’s top online retailers to…

Walmart’s E-commerce Strategy: Pure Genius Or Venture Capitalist Bailout Fund? – Forbes

Wednesday, April 19, 2017

An employee double checks the contents of a customer order before sealing the package for shipment at the Jet.com Inc. fulfillment center. Photographer: Daniel Acker/Bloomberg Some believe Walmart should be pilloried for its laggard status in e-commerce. Many of these same folks are now cheering the company’s decision to put all e-commerce under internet wunderkind Mark Lore, as well as its new aggressive strategy to acquire online brands (Jet, ModCloth, ShoeBuy,…

Walmart’s E-commerce Strategy: Pure Genius Or Venture Capitalist Bailout Fund? – Forbes

Tuesday, April 18, 2017

An employee double checks the contents of a customer order before sealing the package for shipment at the Jet.com Inc. fulfillment center. Photographer: Daniel Acker/Bloomberg Some believe Walmart should be pilloried for its laggard status in e-commerce. Many of these same folks are now cheering the company’s decision to put all e-commerce under internet wunderkind Mark Lore, as well as its new aggressive strategy to acquire online brands (Jet, ModCloth, ShoeBuy,…

PetSmart is acquiring Chewy.com for $3.35 billion in the largest e-commerce acquisition ever – Recode

Tuesday, April 18, 2017

PetSmart has made the biggest e-commerce acquisition in history, agreeing to snatch up fast-growing pet food and product site Chewy.com for $3.35 billion, according to multiple sources familiar with the deal. The deal is a huge one by any standard — bigger than Walmart’s $3.3 billion deal for Jet.com last year — and especially for a retail company like PetSmart that was itself valued at only $8.7 billion when private-equity…

Norfolk police create zones for safe e-commerce exchanges – Virginian-Pilot

Tuesday, April 18, 2017

The Norfolk Police Department has created an e-commerce exchange zone at each patrol division. The locations are intended to serve as safe meeting spots for people who are engaging in online purchases and transactions. The e-commerce zones operate 24 hours a day and are under police department video surveillance. Anyone using the e-commerce exchange zone may be recorded. Using the service requires no prior authorization or…