TikTok is the newest craze. Posting engaging videos to that platform can drive traffic to a website. But can it generate customers, too?
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For example, Garage Clothing, an apparel retailer for females, uses a service from Dash Hudson, a visual-marketing software provider.
Connect Tik Tok to a Shopify store. Shopify’s partnership with TikTok is likely the first of many integrations with ecommerce platforms. Merchants can connect their TikTok for Business account to Shopify to generate in-feed shoppable posts from videos.
And here's another article:
US proposes tit-for-tat tariffs over e-commerce tax - Times of India
Amazon, Flipkart Claim Ecommerce FDI Policy Changes Will Disrupt Jobs
The DPIIT meeting also saw representatives from Paytm Mall, Swiggy, Zomato, Urban Ladder ( acquired by Reliance ), Pepperfry, Urban Company, Grofers, BigBasket ( acquired by Tata ) and Shopclues ( acquired by Singapore-based Qoo10 ).
A recent World Bank report has highlighted that India's new ecommerce regulations intend to protect domestic or traditional players, which will create an unlevel playing field for data-driven businesses globally . The report also names India among a group of countries where foreign companies are facing regulatory hurdles.
E-Commerce Play CPNG Stock Looks Appealing on the Dip | InvestorPlace
On March 11, Coupang (NYSE: CPNG ) launched its IPO, which was the largest foreign company offering since Alibaba (NYSE: BABA ) came public in 2014 (the amount raised was a hefty $25 billion). On the first day of trading CPNG stock surged 41%. The company raised roughly $4.6 billion.
Yet CPNG stock has since come under some pressure. The shares have gone from a high of $69 to $43. The market capitalization is currently at about $74.6 billion.
While you're here, how about this:
How PepsiCo's ecommerce investments paid off in the wake of COVID-19
Here are the top 10 US ecommerce companies for 2021—plus 6 key takeaways from our latest forecast
Note that our list of the top 10 US retail ecommerce companies is updated biannually and was most recently updated in February 2020, September 2020, and February 2021.
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Both retailers generated greater sales numbers in 2020 than expected prior to the pandemic, but Best Buy was the clear winner.
Best Buy and The Home Depot will see sales cool off in 2021, as demand for consumer electronics and home improvement won't be as great when the pandemic subsides. However, Best Buy's pandemic momentum will help it maintain its place in the top five, growing by 13.0% to reach $20.34 billion in US ecommerce sales. We expect The Home Depot will grow by 13.2% to $20.02 billion, but it won't reach the same levels as Target, resulting in its No. 7 placement.
📱 Snap makes a big ecommerce play
Snaps may start and finish in a matter of seconds, but the company's growth is likely to remain steady for quite some time.
Snap now boasts 265m daily users (+22% year-over-year) — and on average those users open the app 30 times per day to collectively snap 5B+ photos .
Now, Snap's looking to monetize its users through an acquisition of Berlin-based retail tech startup Fit Analytics.
Fit Analytics builds tech for ~18k retailers — including The North Face, Foot Locker, and Patagonia — that helps shoppers choose the right sizes for the clothing they buy online.
Ecommerce Sees an Influx of New Players - Future Startup
The coronavirus pandemic has fast-forwarded the future of ecommerce in Bangladesh by multiple years. A deluge of new customers has swept the ecommerce industry since the coronavirus hit March last year. The growth has also attracted a batch of new players in the vertical further intensifying the competition.
The market has seen meaningful growth: A 2020 report from the Financial Express report said "the size of e-Commerce in Bangladesh climbed to Tk 166.16 billion until August of this year, roughly 29.67 times the amount in 2016."
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