The coronavirus has spurred a seismic shift in commerce, moving shopping into the digital realm.
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Consumers are buying anything (and seemingly everything) and conducting all manner of everyday business online because that is their only option.
In an interview with Karen Webster, Scott Galit, CEO of Payoneer , said the impact will continue to be global in scope and deeply felt across all avenues of commerce — giving new rise to cross-border commerce.
Not to change the topic here:
E-commerce firms gearing up for businesses, to make products available | Business Standard News
Peerzada Abrar & Neha Alawadhi | Bengaluru | New Delhi Last Updated at May 3, 2020 00:06 IST
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E-commerce companies say they are witnessing a steady growth in traffic after the home ministry on Friday extended a national lockdown but allowed the online sales of essential and non-essential products in zones that have almost controlled the coronavirus outbreak.
While there was doubt about the new guidelines announced for e-commerce, government sources clarified Saturday that e-commerce players will be allowed to deliver essentials and non-essential items in designated Orange and Green zones for the next two weeks, the time for which lockdown has been extended.
Listed eCommerce firm Attraqt appoints CEO from BigCommerce
The firm’s current CEO Luke McKeever will transition to a non-executive director role simultaneously.
Adams joins the firm from eCommerce platform provider BigCommerce, where he founded and led the Group's European operations from the first employee to a multi-function team covering Sales, Marketing, Partner Channel, Solution Engineering and Customer Success.
Attraqt was named a BigCommerce Technology Partner in February 2020, and the two companies have a number of joint customers with a significant pipeline of new prospects.
Newly launched GiftCardAid eCommerce platform gives nonprofits access to discounted gift cards
Over one hundred national brands are coming together to expedite community relief in the wake of COVID-19
"This effort came together thanks to the trusted partnership of many brands that believe in making an investment in community giving and support," said Margaret Murphy , CEO, Bold Orange/ShopWithScrip. "Nonprofits need an easy, secure, one-stop-shop, and GiftCardAid is a smarter, more convenient way to rapidly distribute retailer-specific goods and services to those who need it most."
Not to change the topic here:
Alexa, report to the e-commerce regulator - The Economic Times
e-commerce: E-commerce may take time to steady cart, Technology News, ETtech
Bringing eCommerce Business Model To Accounting | PYMNTS.com
Two years ago, Singapore launched its SMEs Go Digital campaign, a government effort to enable small businesses to modernize and embrace the cloud that continues today.
Indeed, amid the coronavirus pandemic, this digitization push has become even more paramount than before, and Singapore is calling on not only small businesses, but their service providers and partners, to support the effort.
Accounting firms have become an important collaborator in aiding cloud migrations by small to medium-sized businesses (SMBs), according to Alan Chang, managing director of Singapore Corporate Services (SCS). Not only has Singapore rolled out an Accountancy Industrial Digital Plan to encourage the accounting sector’s own digitization, but according to Chang, the ecosystem as a whole is facing market pressure to elevate its SMB clients’ ability to operate in a digital economy.
Tencent expands overseas ecommerce presence with 5% stake in Australian pay-later firm Afterpay -
Tencent Holdings has become a “substantial shareholder” in shop-now-pay-later firm Afterpay, the Australian company said in a statement, as the Chinese internet giant continues to expand its overseas investments in smart retail and fintech services.
Shenzhen-based Tencent purchased a 5% stake in Australia-listed Afterpay, the company disclosed in a filing to the Australian Securities Exchange on Friday. Afterpay, which allows consumers to shop online or in store and pay later by splitting the purchase into four installments, has more than 4.3 million active users and works with 30,600 merchants.
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