Now, e-commerce had always been one of the great secular growing themes of the century. The pandemic made it a lot more than that. It made it imperative. And anyone who ignored e-commerce did so at his own peril.
I mean, look, it's doing everything right, including contemplating a sale of some of its Flipkart Indian venture at a valuation that is about double what they paid in 2018. Not bad. I expect still one more very strong quarter from both its internet and brick-and-mortar operations. Acts badly? Bring it in.
Many things are taking place:
Dash101, the Full Stack Ecommerce Platform Launched | Business Insider India
Year in review: How was 2020 for edtech, ecommerce, online gaming, and more?
As the coronavirus outbreak shut schools, colleges, and other academic institutions globally, education was faced with its biggest crisis ever — the crisis of continuity. In India, approximately 260 million students, a majority of them in the K-12 segment, were affected by the lockdown.
* * *
Here is how Bengaluru-based FreshToHome became EBITDA profitable in two cities and raised $121 million in Series C funding.
Electrical consumer durables brand Crompton Greaves holds a 75-year-legacy. After the demerger, it rakes in Rs 4,520 crore turnover.
Falling plane values, e-commerce rise fuels boom in converting passenger planes to freighters |
SYDNEY/JERUSALEM/MONTREAL (Reuters) - From Air Canada to China's CDB Aviation, airlines and leasing firms are rushing to permanently convert older passenger jets into freighters, betting on a boom in e-commerce as the value of used planes tumbles amid the pandemic.
That has created a huge opportunity for passenger-to-freighter (P2F) conversion companies, including Singapore Technologies (ST) Engineering Ltd, Israel Aerospace Industries (IAI) and U.S.-based Aeronautical Engineers Inc.
Many things are taking place:
How to become a dropshipper: tips for getting into e-commerce - Business Insider
E-commerce is bigger than ever and it's only getting bigger. Today, it's not uncommon to shop on Instagram or buy products from companies you've never heard of directly off your phone. These trends aren't just good news for retail companies, they've also created an exploding market for individuals looking to make money through e-commerce, either as a side gig or full-time job.
Many entrepreneurs use a product fulfillment method called "dropshipping" where they don't have to invest in inventory in order to sell items online. Dropshipping successfully can lead to six-figure sales — in fact, Business Insider has spoken with sellers who have sold more than $1 million of a single product.
Weathering Inevitable E-Commerce Growing Pains | Retail Leader
Rapid adoption of grocery e-commerce in 2020 caused many growing pains and heading into 2021 further pains are inevitable. The quest for those in the industry is how they will endure and cope with the challenges.
Without question, the rapid rise of online commerce has placed the grocery industry on the cusp of a digital tipping point, and the residual whiplash of this growth will have a lingering effect on both short and mid to long term strategy. Growing pains can either push a company to a breaking point or be a catalyst for growth to more rapidly embrace change and invest in new ways to build their business for a new era. The key is preparation.
Forter, Nuvei try to to tame e-commerce crime without losing legit payments | PaymentsSource
The e-commerce expansion borne out of the pandemic heightens the balancing act between security and user experience, a challenge Forter and Nuvei hope to address through a mix of data analysis and an expansive network of merchants.
With the holiday shopping in swing, an onslaught of online transactions also means legitimate buyers may be denied shopping because of inaccurate data. Forter, which sells fraud prevention technology, will integrate with the Nuvei Native Commerce Platform into its global network of merchants and banks sharing data to thwart fraud while minimizing false declines.
HomeGoods Discovers E-Commerce…What Took Them So Long?
The home furnishings off-pricer will start to sell online next year. Better late than never? (Photo ... [+] by John Greim/LightRocket via Getty Images)
Finally: After resisting doing so for years, TJX Companies this week said it will put its HomeGoods division into e-commerce sometime next year. Begrudgingly late, it seems.
The giant off-price conglomerate has achieved remarkable success with its almost pure-play physical store strategy, outperforming most of the rest of the retailing business handsomely over the years. A few years back it launched a modest online operation for its Marmaxx brands (TJ Maxx and Marshals) but outside estimates are that digital represents perhaps 2 percent of the company's overall approximately $40 billion in annual sales.
No comments:
Post a Comment