Ecommerce News
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By AFP
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Chinese e-commerce giant JD.com leapt 5.75 percent higher on its Hong Kong debut Thursday, after raising almost $4 billion in an initial public offering that was the world's second biggest this year.
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A third-party app used by EU merchants on Amazon UK, Ebay and Shopify has been found to have exposed 8 million sales records containing customers' personal data.
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Amazon ranked #1 for the first time in MBLM’s Brand Intimacy 2020 Study, a major study of brands based on emotions, now in its 10th year and previous profiled on Digital Journal. Disney and Apple are placed second and third.
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Consumers will spend $20.7 billion for Valentine’s Day this year, but while consumers are out buying chocolates and roses, hackers will be on the prowl for valuable payments data and personal identifiable information.
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Bose Corporation the large audio equipment manufacturer plans to close all its retail stores in North America, Europe, Japan, and Australia. Bose claims its audio products are increasingly bought through e-commerce and other retailers.
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As e-commerce becomes increasingly popular and home delivery services rise, the risks of packages being stolen outside of people’s homes increases. This has opened up a new avenue for technological solutions.
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What will a mass adoption of virtual reality mean for commerce, and how can VR can be used to improve customer experience? Expert Harry Chemko, of Elastic Path, weighs in on the discussion.
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By AFP
Shanghai -
Chinese shoppers set new records for spending during the annual "Singles' Day" buying spree despite an economic slowdown and worries over the US trade war, with state media calling it a sign of China's rising economic strength.
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October 2019 saw the U.S. launch of Fayvo, a new type of social sharing experience intended to bring an engaging focus among friends and family, which the company say is often missing from other platforms.
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A Magecart attack has impacted the Google Cloud infrastructure and with it thousands of stores. The attack is indicative of some weak cybersecurity protocols, according to Eve Maler of ForgeRock.
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U.S. grocery chain Northgate Market, sensing the importance of needing to develop its online presence and digital strategy, has worked with open-source software platform Pimcore to improve the customer experience and protect ts brand reputation
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At one time Toys ‘R’ Us were everywhere, as the physical store dominated shopping malls. Then things went wrong, as specialist stores were hit by e-commerce. Now the retailer itself is finding a second lease of life online.
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Salesforce, a leading developer of business software, is barring customers from using its system to sell semi-automatic guns and other firearms.
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Amazon is selling a tiny home kit that can be assembled in just 8 hours. The vendor, Allwood, said the structure isn't supposed to serve as a permanent residence, since there's no bathroom or kitchen.
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Instagram has moved closely towards being a fully-fledged e-commerce site with the addition of a new checkout app, available for mobile devices. The service is starting with 20 fashion brands.
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Tesla is backtracking on its plans to close its showrooms. Additionally, Tesla will raise the price of its vehicles, with the exception of the Basic Model 3 sedan.
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A test study has shown how so-termed 'ambidextrous robots' can significantly speed e-commerce. By applying artificial intelligence, the robot is capable of grasping a diverse range of object shapes without training.
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A new project called Beam has been launched with the aim of improving cryptocurrency security and transparency. The project is centered around the word ‘confidentiality’.
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Customer services have been subject to several digital disruptions and there are more to come. Adopting these are necessary to deliver customer value and in order to remain competitive.
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There are a range of new and emergent technologies that is are helping to shape e-commerce like blockchain, app development and more. To discover more about these, Jonathan Fries from Exadel provides some insights.
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Retailers are facing increased challenges and competition both to the concept of the physical store and with online shopping. This calls for new tactics and vision, according to a new study from Accenture.
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Amazon has been steadily developing its own private brands, sold exclusively on the ecommerce site. Due to large growth in sales, Amazon is encouraging new manufacturers to take part.
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Walmart, Amazon's biggest rival in online shopping, increased its minimum wage back in 2016. That same year, the retailer saw a boost in sales, which the CEO attributed to the pay raise.
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Toronto -
Canadian e-commerce company Shopify Inc. says it is investing up to $500 million for a downtown Toronto development, more than doubling the company’s footprint in the city.
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Goop, the controversial and much-lambasted e-commerce lifestyle brand founded and led by actor Gwyneth Paltrow, has chosen Vancouver as the site for its first wellness summit in Canada, but not everyone is happy with the idea.
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The age of Amazon (boom of e-commerce) has created massive delivery challenges and logistical issues with a 48 percent increase in package deliveries in the last two years. Among the solutions is a digital locker system. Package Concierge explains more.
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JC Penney's stock price fell by as much as 8% Tuesday morning following the news that CEO Marvin Ellison would be leaving the company to lead home-improvement retailer Lowe's.
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Cincinnati -
Britain’s online supermarket Ocado clinched a game-changing deal with Kroger as its exclusive partner in the U.S., securing its entry into the world’s biggest market and sending its shares soaring more than 50 percent on Thursday.
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Amazon Business, which is the bulk products arm of Amazon, appears to be dropping its plan to become a major distributor of pharmaceutical and medical devices products. This follows on from indications last year that Amazon was to enter the fray.
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Amazon has begun to globalize its e-commerce service by adding a new international shipping feature to reach more than 100 countries. Dan Neiweem of Avionos provides an insight.
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Ecommerce Image
Depicting the idea of online shopping Via Flickr user StormKatt (CC BY 2.0)
TECH GIANT: Photo shows Alibaba Group headquarters in Hangzhou, China. Thomas Lombard / Wikimedia Commons (CC BY-SA 3.0)
Buyers can also purchase camps and accomadations, like this sleeper. Fuelled Inc
Fuelled sells new and used pump jacks and other E&P equipment. Fuelled Inc
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