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Tag: Ecommerce

Turkish startup ikas attracts $20M for its e-commerce platform designed for small businesses

April 10, 2024 No Comments Technology , , ,

It’s easy to assume the e-commerce ship has sailed when you consider we have giant platforms like Shopify, Woocommerce, and Wix dominating the sector. But e-commerce’s field remains vast and fertile, since so many smaller businesses continue foraying into the Internet in the wake of the pandemic. Further evidence of this has surfaced in the [...]read moreTurkish startup ikas attracts $20M for its e-commerce platform designed for small businesses

African B2B e-commerce giant Wasoko marked down to $260M after VC halves stake

March 27, 2024 No Comments Technology , ,

VNV Global, a Swedish investment firm that backs startups in mobility, health and marketplaces, slashed the value of its holding in Wasoko, an African B2B e-commerce startup, by 48%, according to its annual report for 2023.  In its annual report, VNV set Wasoko’s fair value at around $260 million as of December 2023, the month that [...]read moreAfrican B2B e-commerce giant Wasoko marked down to $260M after VC halves stake

Meet Uzbekistan’s first unicorn: e-commerce startup Uzum

March 26, 2024 No Comments Technology , ,

Uzum, an e-commerce startup offering online shopping, fintech and food deliveries to millions of customers in Uzbekistan, has raised $114 million in funding, becoming the country’s first unicorn with a valuation of $1.16 billion. Uzbekistan is fertile ground for startups, given the fact that people aged below 30 constitute about 60% of its population of [...]read moreMeet Uzbekistan’s first unicorn: e-commerce startup Uzum

50 Ecommerce Statistics To Know in 2024 [New Data]

March 20, 2024 No Comments Digital Marketing , ,

Ecommerce is businesses selling products online, and people buying those products online. Consumers and businesses alike are making more and more purchases online, and that’s only expected to increase, especially so on social media. Below I’ve compiled a list of ecommerce statistics that will help you understand the potential impact of using the practice, as [...]read more50 Ecommerce Statistics To Know in 2024 [New Data]

Moratorium on e-commerce tariffs extended for 2 years, draft WTO document says

March 2, 2024 No Comments Beauty ,

By Reuters API Published Mar 1, 2024 Members of the World Trade Organization have agreed to extend a moratorium on tariffs on electronic commerce for another two years at a high-level meeting, according to a document released on Friday, although it still needs formal approval. Reuters “We agree to maintain the current practice of not [...]read moreMoratorium on e-commerce tariffs extended for 2 years, draft WTO document says

Diving Deep Into Technical SEO for Ecommerce (My Takeaways)

February 29, 2024 No Comments Digital Marketing , ,

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As of 2023, there are over 26.5 million ecommerce websites around the world. Talk about a competitive industry.
woman uses technical seo for ecommerce

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Thrasio, once king of e-commerce aggregation files for Ch.11

February 28, 2024 No Comments Technology , ,

Thrasio, the U.S. start-up that raised billions of dollars and popularized the concept of e-commerce aggregation — buying up and restructuring dozens of smaller brands and third parties selling on marketplaces like Amazon in a bid for better economies of scale — has commenced a restructuring of its own. The company has filed for Chapter [...]read moreThrasio, once king of e-commerce aggregation files for Ch.11

TechTaka raises $9.5M for its e-commerce fulfillment service

February 20, 2024 No Comments Technology , ,

TechTaka, a South Korean online shopping fulfillment startup that provides third-party logistics services for e-commerce sellers, has raised $9.5 million (12.6 billion KRW) in a Series B round of funding from a sole investor, Altos Ventures.  The outfit helps e-commerce sellers manage the supply chain, from warehousing, order packing and shipping, so that TechTaka users [...]read moreTechTaka raises $9.5M for its e-commerce fulfillment service

How to Write an Ecommerce Business Plan [Examples & Template]

February 11, 2024 No Comments Digital Marketing , , , ,

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If you have a promising idea for an online e-commerce business, it’s important to create an e-commerce business plan to ensure your vision has enough stock to be profitable.

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Neiman Marcus Group scraps Farfetch partnership for e-commerce revamp

February 8, 2024 No Comments Business , ,

Neiman Marcus Group announced on Wednesday its decision to sever ties with Farfetch. Neiman Marcus Group scraps Farfetch partnership for e-commerce revamp. – Neiman Marcus Neiman Marcus Group said it will no longer proceed with plans to transition the Bergdorf Goodman website and app onto Farfetch Platform Solutions (FPS). The luxury department store chain has [...]read moreNeiman Marcus Group scraps Farfetch partnership for e-commerce revamp