India’s Open Network for Digital Commerce aims to counter the market power of large ecommerce companies such as Amazon, Flipkart and Reliance Retail by connecting buyers and sellers through open protocols, irrespective of which platform (s) they may be listed on. Why, then, are these very ecommerce giants lining up to join it? Also in … Read more
Hong Kongers are no strangers to eCommerce channels as online shopping becomes the norm. According to a recent GroupM study, online shopping platforms or apps, retailers’ websites or apps, and fast grocery shopping platforms or apps, were the top three eCommerce channels used by Hongkongers, while they were willing to use these platforms to shop … Read more
Bengaluru: As online shopping grows, a bunch of early-stage startups, which provide software tools to fledgling direct-to-consumer (D2C) brands as well as online marketplaces, is gaining the interest of risk investors. On Wednesday, two such platforms— Shopflo and GoKwik — said they had raised fresh funds. While GoKwik said it had raised $ 35 million … Read more
Bengaluru: Ecommerce enablement company GoKwik, on Wednesday, said it has raised $ 35 million as part of its new funding round led by Think Investments and RTP Global. The round also saw participation from existing investors Sequoia Capital India and Matrix Partners India. The new funding comes on the back of the company raising $ … Read more
Bengaluru: Ecommerce enablement startup, Shopflo on Wednesday said it has raised $ 2.6 million as part of its seed funding round led by Tiger Global and TQ Ventures. Better Capital as well as a pool of angel investors from the Indian startup ecosystem also participated in the financing round. With this Shopflo becomes one of … Read more
When Yaron Shapira launched 8fig with his co-founders, he wanted to solve one problem: democratizing the ecommerce ecosystem. He sat down with Jessica Abo to discuss how his platform is providing the planning tools to help online sellers plan and execute their growth. Related: A Beginner’s Guide to Building a Profitable Ecommerce Business Yaron, what … Read more
Opinions expressed by Entrepreneur contributors are their own. The ecommerce world is not short on change. While 2021 was a gear shift for the industry, pushing more shoppers to buy online, 2022 will see further developments and continual change. The current state of the market allows us to single out several significant tendencies: Direct-to-consumer competition … Read more
Opinions expressed by Entrepreneur contributors are their own. Businesses are turning to ecommerce platforms to help them sell their products. These offer a clean, user-friendly interface, customer support and other features that make it easy for you to get your products in front of new customers. It is not surprising that users who had a … Read more
Opinions expressed by Entrepreneur contributors are their own. Social commerce, the combination of ecommerce and social media platforms, is one of 2022’s leading marketing and sales trends. Despite being a relatively new sales channel, social commerce is rapidly growing in importance and popularity throughout the United States. To stand out from the ever-growing crowd of … Read more
During the height of the pandemic, consumer behavior changed at an unprecedented rate, resulting in the consolidation of ten years’ worth of e-commerce growth into just ninety days. Shoppers of all ages including millennials, generation Z and older shoppers turned to their devices to purchase groceries, clothing, and home furnishings. The result is that there … Read more