Google and Temasek Holdings Private Ltd . , an investment company owned by the Singapore government, are in talks to invest as much as $1 billion for Tokopedia , sources told Bloomberg News .
The Indonesian eCommerce retailer backed by SoftBank Group Corp. 's Vision Fund has also met with Facebook Inc. , Microsoft Corp. and Amazon.com Inc. , the sources said.
But Google and Temasek appear to be the most interested, and negotiations could conclude in a few weeks, Bloomberg's anonymous sources said.
This may worth something:
How COVID-19 has changed ecommerce - Ecommerce - BizReport
Kristina: Over the past two months there has been a dramatic uptick in ecommerce as people have not been able to get to stores. With states loosening restrictions, are you seeing fewer online purchases?
Danie Cusion, CMO, Cardlytics : Throughout the COVID-19 pandemic, we've observed some sharp, upward spikes in ecommerce spend. Between March 12 and April 29, e-commerce gains have helped offset some of the loss of in-store spend across the board, particularly for select categories. We've also seen that online spend across several categories peaked in mid-April, coinciding with when many retailers began to open their physical locations.
Lubricants brand zMax looks to ecommerce to smooth marketing and sales
Selling multichannel in B2B requires a strong mix of both new and old commerce technology. For high-performance automotive lubricants brand zMax , that mix is opening up and expanding markets.
A little more than half of zMax's customer orders—mostly from larger retailers—run through electronic data interchange, but it recently began building out its digital channel to deploy more effective marketing and selling operations to better attract and engage a wider range of both B2B and business-to-consumer customers, including retailers, auto dealers, engine builders and consumers involved with motorsports.
Why retailers need to accelerate ecommerce and real time data capabilities to remain relevant in
The ‘need for speed’ in data analytic capabilities and the Internet of Things (IoT) has never been more mission-critical for retailers as they accelerate strategies to drive top-line revenue, gain deeper consumer insights and improve operational efficiencies.
New research from McKinsey showed a major increase in online spending by Australian consumers during the recent COVID-19 lockdown. Perhaps not surprising, given physical distancing measures, the increase in online shopping carts being filled was not limited to Millennials, Gen Xers also turned to online stores, with 75% making online purchases for non-food products. Of those Gen Xers shopping online, 40% said they shopped more during the COVID-19 pandemic.
Not to change the topic here:
The Ecommerce Game Is a Tale of Two Countries, and China's Companies Are Pulling Ahead -
China is the largest digital market in the world, leading all countries in terms of ecommerce, mcommerce and social commerce. It's also home to many of the largest ecommerce conglomerates, including Alibaba and JD.com, who are generating sales at a scale that far exceeds that of companies in the US—including Amazon.
According to our latest ecommerce estimates, companies in China continue to lead the pack in terms of online transactions. (Note that the figures above are for total in-market sales for each company in its home country, not its global sales.)
CommerceHub's Record Volume Reveals Promising Trend as Ecommerce Proves Essential to
Significant Growth in Online Orders Demonstrates Diversified Supply Chains are Mission-Critical for Retailers to Thrive Post-COVID-19
Over the last 60 days since COVID-19 forever changed the retail ecosystem as we know it, online shopping and supply chain data released by CommerceHub showed:
“While COVID-19 caught many in the retail industry by surprise, our network delivers an agile and diverse supply chain that is helping our retail partners keep selling, maintain business continuity, and mitigate distribution and fulfillment risk,” said Poore.
Palestinian entrepreneurs: it's time for an e-commerce revolution | World Economic Forum
How to Boost Your eCommerce Sales With an Effective Lead Nurturing Campaign [Infographic] |
Are you looking for ways to boost sales on your eCommerce website? Want to learn how to implement a lead nurturing campaign for your online shop?
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