Despite the runaway growth of ecommerce, selling products online isn't easy. Figuring out how to land customers in a crowded space and keep them coming back for more has spawned a slew of upstarts that promise online retailers an edge.
An e-commerce delivery operation is moving its headquarters to Tucson | Business News | tucson.com
PackDash, a third-party logistics partner for small to mid-sized e-commerce companies, is moving its headquarters from Chicago and establishing a West Coast delivery operation in Tucson.
PackDash leased 6,000 square feet for its new operation at 820 E. 16th Street, south of downtown Tucson. The company plans to add 50 jobs, including managers, directors, warehouse and additional executive-level positions, with an estimated 10-year economic impact of $84 million, Sun Corridor Inc.
Cart.com Raises $98M Series B to Deliver Integrated Solutions for Ecommerce Brands | State |
HOUSTON, Aug. 11, 2021 /PRNewswire/ -- Cart.com, the first end-to-end ecommerce services provider, today announced the close of a $98 million Series B round, bringing the company's total funding since its launch eight months ago to more than $140 million.
Vroom eCommerce Sales Jump 172 Pct | PYMNTS.com
Vroom posted results that showed continued traction in buying and selling vehicles online, particularly through the platform model.
In terms of the headline numbers, the company's consolidated revenues stood at $761.9 million, up 201 percent year over year, and better than the $652 million that had been expected by Wall Street.
Driven by Covid-19, India's Ecommerce Surges | Practical Ecommerce
Owing to its large population, India has always been an attractive ecommerce market, even if a relatively small percentage of its residents have access to the internet or adequate income. Only 3% of the population has a credit card, according to the World Bank.
Travel and Ticketing Sectors Drive Growth of Global eCommerce Transactions by 15 Percent in First
"As travel restrictions begin to ease, more merchants are offering greater booking flexibility, allowing consumers to change dates and times as needed and giving them confidence in spending on travel," said Debbie Guerra, executive vice president, ACI Worldwide.
ACI's eCommerce Fraud Index also highlights that fraudsters have been adapting quickly to new customer buying and payment journeys as a result of the pandemic and are actively targeting new channels.
Learning to utilize e-commerce more important now than ever
If the pandemic taught us all anything, it is that there is more than one way to serve customers. Social distancing forced many businesses to rethink how they deliver their goods and services. Many restaurants pivoted toward online ordering, no contact delivery, and curbside pickup.
Philippine eCommerce market set to double and reach $12billion by 2025 | The Fintech Times
In 2025 Philippine eCommerce is expected to increase 2.5 times amounting to $12billion in the 5-year period. The growth of eCommerce will have a positive effect on all digital payment methods, BNPL included. The BNPL services will develop organically, mirroring the growth of eCommerce.
Ecommerce.com Domain Name Listed Exclusively For Sale with Evergreen.com | News | wfmz.com
Ecommerce.com is a highly valuable, 24-year-old, category-defining domain name that is listed for US$35 million .
Despite the recent pandemic, retail Ecommerce sales continued to prosper. Revenues increased from US$3.3 trillion in 2019 to US$4.2 trillion in 2020 with more than two billion people purchasing goods or services online.
Amazon clobbers competition, accounting for over 40% of US retail ecommerce sales in 2021 -
The forecast: In 2021, Amazon will account for 41.4% of all US retail ecommerce sales. The tech giant will contribute more than 50% of US growth in online sales from 2019 to 2021.
Looking ahead: Though spending behaviors may look as if they're returning to the pre-pandemic normal, Amazon's ecommerce sales will keep on growing. We estimate that by the end of 2022, the company will rack up $463.10 billion in US ecommerce sales.
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