Tuesday, October 20, 2020

Shopify and Operation Hope To Create 1 Million Black Businesses

Shopify and Operation Hope To Create 1 Million Black Businesses

Operation Hope, one of the leading financial education and economic empowerment groups serving African Americans, teamed up with global e-commerce powerhouse Shopify to create 1 million Black-owned businesses over the next five years.

John Hope Bryant , the organization's president and CEO, announced today the HOPE One Million New Black Business & New Black Entrepreneurship Initiative (1MBB) and its goal to develop multitudes of new Black-owned firms throughout the nation in the U.S. by 2030. To achieve this bold mission, Operation HOPE will work closely with Canada's largest publicly-traded company which estimates the value of its commitment at $130 million over the course of this initiative.

Publisher: Black Enterprise
Date: 2020-10-20T14:30:54 00:00
Author: www facebook com BLACKENTERPRISE
Twitter: @blackenterprise
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Kickstart Your Business With This $30 Shopify Training Bundle | PCMag

If there were ever a time to start a side hustle (or full-time gig) in e-commerce, this is it. For many, the job market remains uncertain, but online shopping is a relative constant.

There are plenty of ways to enter the digital retail business, and Shopify has emerged as one of the best—especially for first-time e-tailers. It has a solid customer base, is easy to search, and proves just as friendly to private label sellers as drop shippers. So how do you get started?

Publisher: PCMAG
Twitter: @pcmag
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Learn How to Make a Professional Shopify Store with These Online Courses

As you may already know, Shopify is a commerce platform that allows anyone to set up an online store and sell their physical or digital products. Businesses of all sizes use Shopify, no matter if they sell online, through social media, in stores, or out of the trunk of their cars. In other words, Shopify is a popular platform for anyone who wants to build their own eCommerce business.

Publisher: IGN Nordic
Date: 2020-10-20T08:45:01 00:00
Twitter: @IGNNordic
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Startup Fabric Emerges Out Of Stealth With $9.5 Million In Funding To 'Take The Burden Of

E-commerce platform Fabric aims to give mid-market retailers websites that can be updated and ... [+] expanded without an army of code-writing engineers.

Retailers, Faisal Masud feels your e-commerce pain. He says he has a solution, a new e-commerce platform called Fabric.

Fabric, which is based in Bellevue, Washington, emerged from stealth mode today, and announced that it is backed by $9.5 million in seed funding. Fabric has been quietly onboarding retail brands since the beginning of this year, and is now ready to talk about what it is doing.

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Publisher: Forbes
Date: 2020-10-20
Author: Joan Verdon
Twitter: @forbes
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Quite a lot has been going on:

Shopify clicks with merchants who seek Amazon alternative, Business News & Top Stories - The

TORONTO • The pandemic has forced businesses worldwide to pivot online to survive, and many have turned to Shopify, a Canadian company that has emerged as a thriving alternative to Amazon.

"The retail world that would have existed in 2030 has really been pulled back into 2020," Shopify president Harley Finkelstein said.

* * *

Consumers have grown accustomed to buying over the Internet, and industry giants, led by Amazon, have seen sales rocket.

Publisher: The Straits Times
Date: 2020-10-19T05:00:00 08:00
Twitter: @STCOM
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Dow Jones Jumps 250 Points On Renewed Stimulus Hopes; IBM Plunges On Earnings | Investor's

The Dow Jones Industrial Average briefly jumped more than 250 points on renewed coronavirus stimulus hopes early Tuesday before trimming gains, following Monday's stock market sell-off. Apple and Tesla offer new buy points, while IBM plunged on earnings. Hot IPO stock JFrog surged 6%.

Dow Jones leaders Apple ( AAPL ) and Microsoft ( MSFT ) rose 0.5% and 0.1%, respectively, in today's stock market . Salesforce.com ( CRM ) moved up 0.3% in morning trade, as it approaches a new buy point.

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Publisher: Investor's Business Daily
Date: 2020-10-20T16:06:13-07:00
Author: Investor
Twitter: @IBDinvestors
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Fabric Stresses Simplicity In eCommerce Platform | PYMNTS.com

Shopify and BigCommerce have a new competitor. Fabric, a new headless commerce platform startup for retailers, came out of the gate with a head of steam on Tuesday (Aug. 20) as it announced its new product, executive team and initial funding round. The initial round will include $9.5 million in seed funding led by Redpoint Ventures, with participation from Sierra Ventures and Expa.

The product is a cloud-native platform that enables retailers to deliver digital commerce experiences without having to rely on expensive engineering resources. Instead, it leverages the headless concept, which allows retailers to build and scale their operations with minimal coding or other technology. According to the company, Fabric only takes weeks to onboard, compared to the traditional months that other platforms require, and it doesn't require replatforming.

Publisher: PYMNTS.com
Date: 2020-10-20T15:00:56Z
Twitter: @pymnts
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3 E-commerce Stocks Not Named Amazon to Buy Before the Holiday Season | The Motley

Predictions for total retail spending for the upcoming holiday season are mixed, but one thing is certain: More shopping will be done online than ever before. Amazon is certainly well-positioned to benefit from that, but for some investors, its massive $1.6 trillion valuation is a turnoff. Here are three much smaller e-commerce alternatives that are likely to come out of 2020 as winners for investors.

Shopify's platform enables businesses of all sizes to start and run e-commerce stores. Etsy's marketplace provides a popular website for artisans to sell handcrafted goods. Mercado Libre serves over 600 million people in Latin American with e-commerce and payment services.

Publisher: _____
Date: 2020-10-19T12:45:00-04:00
Author: Brian Withers
Twitter: @themotleyfool
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