Latin American eCommerce platform Nuvemshop said on Friday (Oct. 1) that it plans to acquire the Brazil-based company Mandaê, a logistics platform for small and medium-sized businesses (SMBs), in order to support its more than 90,000 sellers.
eCommerce Startup Merama Closes $225M Series B | PYMNTS.com
The Latin American eCommerce startup Merama has raised $225 million in Series B funding, bringing the value of its direct-to-consumer (D2C) financing business to close to $850 million.
As Business of Fashion reported on Friday (Oct. 1), this funding follows the $100 million in debt financing and $60 million in seed funding that the firm — headquartered in Sao Paulo and Mexico City — secured earlier this year.
Amazon in the crosshairs: Google ecommerce updates explained | The Drum
Google is rolling out updates to its product search pages — a move that could both improve the shopping experience and help the search engine secure more ad dollars in the ecommerce space.
Google's parent company Alphabet today announced that it will be retooling the look and feel of the tech giant's product search pages.
Top mistakes to avoid in D2C ecommerce
Covid-19 has altered the way consumers purchase and interact with brands, a phenomenon witnessed across product and service categories. Ever since the pandemic hit, there has been an explosion in new users getting online to meet their shopping requirements.
This is evidenced in the fact that 97 percent of pin-codes in India ordered at least one item online during FY20, and close to 100 percent of pin codes have seen ecommerce adoption.
VTEX Launches Integration Facebook to Conversion Rates in Ecommerce
VTEX, the enterprise digital commerce platform for premier brands and retailers, the leader in accelerating the commerce transformation in Latin America and now expanding globally, announces a new global integration with Facebook that leverages online campaigns with data intelligence and
VTEX customers using the new API will also be able to evaluate the performance of marketing and ad campaigns in addition to making use of Facebook business tools to drive ecommerce traffic and results.
TWIP: BNPL, Alexa, Luxury eCommerce | PYMNTS.com
Just when you thought buy now, pay later (BNPL) couldn't make any more headlines, this week saw Mastercard enter the space with a "build your own" installments capability enabled on the back end by, of all things, open banking, through Finicity in the U.S.
As for Mastercard's masterstroke in BNPL, Deen said, "I think there's just a trend generally … for traditional financial companies, and banks specifically, losing to some more innovative methods.
Snapchat Announces New Partnership with WPP to Advance AR and eCommerce Adoption | Social Media
Snapchat has announced a new partnership with advertising giant WPP which will see the two work together on new projects that will facilitate the creation of AR ads for WPP clients, helping to advance digital ad options for many more businesses around the world, while also boosting
" With a particular focus on e-commerce, the partnership combines Snap's leading AR technology with WPP's integrated capabilities across creative, media, commerce and technology, allowing WPP clients to better connect with their customers on the Snapchat platform and drive meaningful
Bima: Celebrating 30 Years of Unique Handicraft Gift Products from Ecommerce Pioneers Bima
To stay in business for 30 years take some doing, but to do it while remaining true to your original business ethos and brand identity is simply remarkable.
That's what Bima, one of the leading producers and distributors of gift-centric products in Croatia and Slovenia have achieved.
HomeGoods Debuts eCommerce Capabilities | PYMNTS.com
HomeGoods' online store includes selections in bedding, bath, decorative pillows, kitchen goods, seasonal décor, pet and storage/organization, and there are plans to update the available selections regularly, the company said in the announcement.
"We are thrilled to bring a second way for our passionate shoppers to discover and shop an assortment they know and love," said John Ricciuti, president of HomeGoods, in the company announcement.
Neiman Marcus Hack Impacts 4.6M eCommerce Shoppers | PYMNTS.com
Neiman Marcus Group has said it notified around 4.6 million online users that their personal data could have been accessed in a data breach dating back to May 2020, Reuters reported .
For the millions of customers being notified about the incident, "approximately 3.1 million payment and virtual gift cards were affected, more than 85% of which are expired or invalid," said the company in a statement released Thursday .
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