Congratulations on making it through another record-breaking Black Friday and Cyber Monday. These eye-opening numbers illustrate just how busy online retailers were from November 27-30:
Yet as retailers will know from experience, the BFCM period has blurred into one long, festive shopping extravaganza.
Mastercard has coined the phrase “The 75 days of Christmas” to cover this extended run of increased online spending. It begins in October (this year’s Prime Day on October 13-14 is a handy marker) and continues until after Christmas Day.
Not to change the topic here:
Improving Security At Checkout Is Key To Growing ECommerce Sales
Walmart's ecommerce sales jump 79% in fiscal Q3
Walmart Inc. had a busy third quarter as the world’s largest retailer continues navigating through the COVID-19 era. And while year-over-year ecommerce growth was slower than in the second quarter , online sales still grew rapidly.
Pivotree Clients Break Records with 2020 Black Friday Ecommerce Sales
Leaders across several retail categories saw significant increases in sales and orders, with ecommerce site speed, stability, and availability supported by Pivotree
"We join our clients in celebrating a positive kick-off to the winter retail season – pulling in results well above industry averages. Many of our clients have been strategically investing in their digital infrastructure and blew through their Black Friday and Cyber Monday records," said Elizabeth Scott , SVP, Strategic Account Management at Pivotree. "This year has been about coming together for our clients and helping them adapt relentlessly.
Quite a lot has been going on:
Gorgias Raises $25m Funding to Enhance Ecommerce Customer Support | MarTech Cube
Gorgias, the e-commerce customer support platform, today announced that it has raised a $25 million Series B round following the company’s 200% year over year growth in 2020. The round, which is being led by Sapphire Ventures with participation from SaaStr, Alven, Amplify Partners, CRV, and Greycroft, brings Gorgias’ fundraising total to more than $40 million , and its valuation to more than $300 million .
Gorgias is a leading customer service application that helps online merchants respond more effectively to customer inquiries by centralizing interactions and information, automating responses to the most recurring questions, and making support agents even more efficient.
Redefining e-commerce solutions for enterprise -StoreHippo - Techiexpert.com
Amazon and CII join hands to bring e-commerce gains to MSMEs in 10 states - Times of India
This Sleeping Giant of e-Commerce is the Next Amazon
Shares of Jumia JMIA have rallied sharply over the last several weeks. Jumia operates an e-commerce platform in Africa. The company’s platform consists of marketplace, which connects sellers with consumers. Some analysts are calling it the “ Amazon AMZN of Africa.”
The stock has rallied from a March low of $2.15. The 52-week high for Jumia is $40.90. As of December 8 th , the stock was trading around $35.50. The 200-day moving average is far below the current stock price, down at $9.44. The stock is up 540% over the last year. It currently trades with a market cap around $2.8 billion.
Happening on Twitter
Is it even possible to end @Facebook #monopoly now? They are bigger than just 1 country alone. Once #Facebook… https://t.co/UNl99meaQP HerbertRSim (from London, England) Thu Dec 10 03:47:11 +0000 2020
👀 Today's nominees! Get inspired by sites from: → https://t.co/7Na1MmNaYO (Japan) → @studio_rogue (US) →… https://t.co/D34DX2QWHI AWWWARDS (from WORLD) Fri Dec 11 13:02:04 +0000 2020
.@nunocor_ will be speaking with @uteraudkalns from @globitex_ at @PBWSummit about #eCommerce and #crypto. Don't m… https://t.co/9SE1kOYbvs UTRUST Wed Dec 09 18:25:29 +0000 2020
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