All E-commerce articles – Page 2
-
News briefsShopify’s AI-powered updates boost merchant productivity
E-commerce giant Shopify unveiled over 100 updates in its Winter ’24 Edition, a biannual showcase of the latest products and innovations to significantly boost merchant productivity and creativity. Among the highlights is the introduction of Semantic Search, an AI-powered storefront search feature developed in response to evolving customer search behaviors. ...
-
ArticlePayPal introduces six new checkout innovations
PayPal and Venmo have unveiled a revamped checkout and guest checkout experience. Additionally, they’ve launched a new advanced offers platform for merchants and a new consumer app aimed at earning cash back and providing customers with more incentives to shop with PayPal. The new updates on Venmo are designed to ...
-
News briefsCoupang completes acquisition of Farfetch
Coupang, Inc. announced on Jan. 31 that it has completed the acquisition of the assets of global online luxury company Farfetch Holdings plc. With access to $500 million in capital, this acquisition enables Farfetch to continue providing its renowned services to its brand and boutique partners and more than four ...
-
News briefsTradeinn hits a half-billion in annual revenues
The Spanish e-tailer Tradeinn, as Diffusion Sport reports, rounded out its full year 2023 with revenues of about €500 million, a milestone in its history and a meeting of its projection from June. The total represents an increase of 15.2 percent from the €434 million for the full-year 2022 and ...
-
News briefsTemu opens doors to US and European sellers
Temu, a Chinese shopping marketplace known for its low-price offers, is set to welcome both American and European sellers onto its platform starting March 15. Unlike Chinese sellers, who must send products in bulk to Temu’s warehouses in China, European and American partners can ship their goods directly to customers. ...
-
ArticleGerman e-commerce sales bottom out
Consumers’ lower propensity to shop was once again reflected in significantly lower overall sales in German e-commerce in 2023, according to the German e-commerce association bevh. Gross sales of consumer goods fell by 11.8 percent to €79.7 billion for the first time in 2023, compared to €90.4 billion in the ...
-
News briefsEbay slashes 1,000 jobs amid economic struggles
In a recent internal memo made public, eBay’s CEO, Jamie Iannone, announced plans to reduce the company’s workforce by 9 percent, amounting to approximately 1,000 jobs. The memo cited external challenges, including a “challenging macroeconomic environment,” as reasons for the downsizing, noting that the company’s expenses have outpaced its business ...
-
ArticleIntersport Germany continues to grow in 22/23
Source: Intersport Deutschland eG Alexander von Preen With sales of €3.5 billion in the 2022/2023 financial year, Intersport Germany, with over 1,400 associated doors, is building on the record sales figure of the previous year, when it exceeded the €3 billion sales mark for the first time. ...
-
News briefsJD Worldwide opens fashion warehouse in Paris
JD Worldwide has announced plans to open its first warehouse for fashion goods in Paris, France. This initiative is key in fulfilling the company’s cross-border e-commerce strategy, aiming to bring more European brands into the Chinese market by offering efficient solutions. The warehouse will be located in Val-d’Oise and exclusively ...
-
News briefsJD.com and Evri collaborate
Chinese e-commerce company JD.com has entered into an agreement with delivery firm Evri, aiming to provide increased access for brands from the UK to the Chinese customer base. According to Evri, this collaboration will “open doors for European brands and merchants, particularly in the UK, providing them access to JD.com’s ...
-
News briefsManchester United plans to launch new e-commerce platform
Manchester United said it will launch a new e-commerce offering later this year and has chosen Scayle Commerce Engine as the official e-commerce platform partner. This is to ensure that the soccer club has one of the most modern commerce platforms in the industry. The new webshop will be developed ...
-
News briefsPuma and Tencent collaborate to create new e-commerce business
Puma has entered into a strategic partnership with Chinese Internet company Tencent for the 2024 GGP (GMV Growth Plan), aiming to leverage each other’s strengths and enhance their respective operations. Tencent brings to the table a cutting-edge technology-driven social ecosystem. The collaboration aims to establish a new model for enhancing ...
-
ArticleANWR Group accelerates positioning of affiliated retail networks
Volatile conditions with wars and conflicts around the world, economic uncertainties and high inflation rates weighed on consumers’ buying mood last year. This posed a particular challenge for medium-sized specialist retailers. The focus of the Germany-based ANWR Group in 2023 was on raising the profile and increasing the profitability of ...
- Previous Page
- Page1
- Page2
- Next Page
