Commitment to frictionless commerce combined with SAP and manufacturing expertise
key factors in latest client agreement
TORONTO , May 7, 2021 /PRNewswire/ - Pivotree Inc. (TSXV: PVT) ("Pivotree'' or the "Company"), a leading provider of Frictionless Commerce solutions, today announced that it has been selected to help implement a direct to consumer (D2C) eCommerce platform for one of the world's leading consumer technology manufacturers, a critical step toward developing a seamless omnichannel experience where customers can easily access products online or in store.
BRG Expands Central Market Ecommerce Platform with FedEx Integration and Product Expansion |
ISLIP, N.Y., May 6, 2021 /PRNewswire/ -- BRG announces an expansion to its ecommerce platform, Central Market by BRG, with amoving to nationwide distribution and an expanded product line.
More than just a restaurant group, Bohlsen Restaurant Group is centered around innovation, elevated cuisine and quality experiences founded in the spirit of family. Their doors have been open for over 20 years celebrating with top-notch steak, seafood and sushi in celebrated locations like Prime – An American Kitchen and Bar , Tellers – An American Chophouse and H2O Seafood and Sushi .
Retail's Conundrum Is Here As eCommerce Surges | PYMNTS.com
There are higher revenues for the firms being deluged with online orders, but at the same time, there are higher operating costs to meet consumer expectations that have been set largely by firms such as Amazon .
Those higher operating costs are tied to shipping. It costs more to get goods to foreign shores, and it even costs more to box them up.
Ports have also been clogged, and the backlog has only started to ease a bit, as The Wall Street Journal reported. In California, the ports of Los Angeles and Long Beach saw their busiest March on record. Imports, as estimated by research firm Panjiva, are up by 37 percent more than March 2019, which would, we contend, be a more normalized comp for activity (and demand).
Amazon Sales Are Growing Faster Than the Overall Ecommerce Market
Amazon's US ecommerce sales will grow by 15.3% this year to $367.19 billion after a meteoric 44.1% rise in sales during 2020.
Ecommerce sales at many of Amazon's competitors—including Walmart and Target—are growing faster, but Amazon's sales are still growing faster than the overall market. Its share of US ecommerce sales will increase from 39.8% in 2020 to 40.4% in 2021, and at a gain of 0.6 percentage points, this growth will be larger than that of any other company this year.
Singapore eCommerce Aggregator Raises $36M | PYMNTS.com
The funding was led by Nordstar, with participation from Insignia Venture Partners. The round also included a $30 million debt facility from a U.S. debt fund. The startup plans to use the fresh capital to acquire and expand digital-native brands, according to the article.
Rainforest was launched in January by executives from Carousell, Airbnb and Fave. JJ Chai, previously the senior vice-president of growth and strategy at Carousell, will serve as Rainforest's chief executive officer. Chai was also a managing director for Airbnb Southeast Asia and India.
7 Powerful Lead Generation Tactics To Increase Your Ecommerce Store's Reach - Small Business
Fraud Prevention Firm Riskified Mulls IPO | PYMNTS.com
Riskified, a startup focused on preventing eCommerce fraud, is considering an initial public offering (IPO) that could come this year, Bloomberg reported Thursday (May 6), citing sources.
The company is working with Goldman Sachs on the potential listing, but still hasn't decided on an IPO and plans could still change, per the news outlet.
Riskified is considering this move at a time when fraudsters are changing their tactics to make the most of the COVID-fueled boom in eCommerce.
Ecommerce services provider ChannelAdvisor beats Street, forecasts more growth | WRAL TechWire
MORRISVILLE – Ecommerce services provider ChannelAdvisor Corp. (ECOM) continues to cash in on the growing trend toward online shopping driven by the COVIDA-19 pandemic over the past yeart.
The company reported Thursday morning a first-quarter net income of $5.5 million. It also reported net income of 18 cents per share. Earnings, adjusted for one-time gains and costs, were 24 cents per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 17 cents per share.
Ecommerce startup Orderchamp pockets $20M Series A | PitchBook
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