When Jet.com launched in July, it announced a $350 million cash infusion, which pushes the company to a valuation of more than $1 billion. Furthermore the company has verbal commitments for another $150 million.
The Chinese e-commerce giant is in talks to buy The South China Morning Post newspaper and is seemingly in active negotiations to sell off a minority stake in one of China’s new Internet leaders, Meituan-Dianping.
Macy's is using Facebook and Instgram to synch up ads and data and offer new targeting options. This enables the retailer to re-target the potential consumer much more preciously due to available data.
Ecommerce Europe has stated in its recently published paper that the European e-commerce sector needs better solutions to foster consumer trust. Hereby the association addresses the Digital Single Market Strategy of the European Comission.
Zalando is altering its business model and strives to become a fashion technology. Co-founder Robert Gentz had been inspired to make this chance by the Chinese market, where both online and offline shopping are deeply connected.
The online design furniture retailer from the UK has launched a new a new online mattress shop. It has especially created one hi-tech mattress that is meant to suit the majority of consumers and will go on sale today.
Lightspeed POS is the most powerful point-of-sale (POS) platform for retailers and restaurateurs and has now acquired the e-commerce software company SEOshop. The deal includes launching a new e-commerce platform.
Wal-Mart has decided to push Cyber Monday to Sunday evening. Since customers now have a 24 hour access to the internet with their smartphones, the company is adapting to the growing swath of shoppers.