PayPal launches "Checkout with Crypto.” PayPal has announced the launch of Checkout with Crypto, a feature that expands the utility of cryptocurrency. PayPal customers with cryptocurrency holdings in the U.S. will be able to choose Checkout with Crypto at checkout, at millions of global online businesses.
AWS releases Amazon Lookout for Metrics . Amazon Web Services has announced the general availability of “Amazon Lookout for Metrics,” a managed service that detects anomalies in metrics and helps determine their root cause. Amazon Lookout for Metrics helps customers monitor their business’s most important metrics such as revenue, page views, active users, transaction volume, and mobile app installations.
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15 Fastest Growing E-Commerce Companies in 2020
On the other hand, Walmart came up with an innovative solution to minimize the in-person contact in grocery shopping. In early 2020, Walmart unveiled Alphabot, a 20,000-square-foot automated facility attached to a New Hampshire store. The automated made grocery pickup faster and efficient with robotic carts.
We ranked the 15 fastest growing e-commerce companies based on revenue growth in 2020. We also included the market cap of each company. The Asia Pacific leads as the fastest-growing region for the e-commerce market. As you go through the list, you will notice several Chinese e-commerce companies as China is the world's largest e-commerce market.
Ecommerce firms are losing billions due to slow-loading sites | TechRadar
Businesses in the UK are losing roughly $80 billion in unrealized sales every year due to slow-loading websites. This is according to a new report from Fasthosts , based on a poll of 1,500 UK residents.
With lockdown measures still being enforced across the country, people are conducting most of their shopping online, Fasthosts claims. Almost two-thirds (60%) of UK consumers have shopped online more frequently since the coronavirus outbreak.
The growth of ecommerce represents a huge opportunity for digital businesses, but many are missing out due to slow-loading websites.
Chargebee Fuels Subscription Ecommerce Market Through Integration with BigCommerce
Consumers also benefit from lower upfront costs and convenience, but they have high expectations. They want the latest products and services, customized to their individual needs, and a frictionless online shopping experience with multiple payment options.
Avalara helps businesses of all sizes get tax compliance right. In partnership with leading ERP, accounting, ecommerce, and other financial management system providers, Avalara delivers cloud-based compliance solutions for various transaction taxes, including sales and use, VAT, GST, excise, communications, lodging, and other indirect tax types. Headquartered in Seattle , Avalara has offices across the U.S. and around the world in Brazil , Europe , and India . More information at
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D2C Wave Biggest Contributor To India's Ecommerce Funding Revival
Ecommerce was the top-funded sector at $520 Mn and ranked third in terms of deal count with 33 deals
In the fourth quarter of 2020, ecommerce startups raised funding worth $313 Mn, which was 9% of the total funding amount for Indian startups at $3.5 Bn that quarter
But in the current quarter, the funding amount for ecommerce startups has grown to $520 Mn, which is 18.9% of the total startup funding amount of $2.7 Bn
Mexico's eCommerce grows 81%, and could eventually surpass Brazil | The Rio Times
RIO DE JANEIRO, BRAZIL - Mexico could become the most prominent country in Latin America, outperforming Brazil, due to the fact that e-commerce reached 316 billion pesos (US$15.5 billion), over 2020, which represented growth of 81% compared to 2019, announced by the Mexican Association of Online Sales (AMVO).
In this context, AMVO's general director Pierre Claude Blaise pointed out that Mexico has been the country posting the highest growth in Latin America since 2017 and worldwide in 2019.
Shopify CEO muses integrating e-commerce giant into DeFi ecosystem
Crypto's march towards mainstream adoption takes another significant step forward as the CEO of an e-commerce giant is publicly pondering how to integrate his company with the decentralized finance (DeFi) ecosystem.
On Friday night, Shopify CEO Tobi Lutke posted a Twitter message asking the DeFi community what "role" Shopify could play in the growing financial vertical:
Hey #DeFi Twitter. What are the commerce related opportunities that you are most excited about? What role do you want Shopify to play?
Ecommerce in DACH region surpasses 100 billion euros
For the first time, ecommerce in Germany, Austria and Switzerland (also known as the DACH region) reached a consolidated volume of more than 100 billion euros. The German-speaking ecommerce markets are now generating more sales than any other language area in Europe.
In Germany , Austria and Switzerland , the average order per capita was around 1,000 euros a year. That’s significantly more than, for example, in France, but still considerable less than in the UK.
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