Saturday, December 18, 2021

RESEARCH COMMENTARY: What is the state of ecommerce in Poland and the United States?

2020 was a year marked by a series of unprecedented changes, one of them being the acceleration of ecommerce growth. The Covid-19 crisis has resulted in a significant shift towards online retailing, with effects especially pronounced nearer peak seasons.

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Publisher: InternetRetailing
Twitter: @etail
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Localizing Payments in Cross-Border eCommerce | PYMNTS.com

The retail industry has undergone many changes over the last 21 months, particularly in the eCommerce space.

Consumers quickly adapted to the massive digital shift out of necessity, and as a result of the unremitting digitization of the modern world, eCommerce transactions are now anticipated to account for 22% of global retail sales by 2023, up from more than 14% in 2019.

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Date: 2021-12-17T08:15:07-05:00
Twitter: @PYMNTS.com
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Hepsiburada's Parent Company Buys Doruk Finasman | PYMNTS.com

The parent company of Turkish eCommerce platform Hepsiburada said on Friday (Dec. 17) that it has entered into a definitive agreement to buy Turkish consumer finance company Doruk Finasman for the equivalent of $1.3 million.

Parent company D-MARKET Electronic Services & Trading stated in a news release that the acquisition is "in line with its strategy to add incremental fintech capabilities to Hepsipay Wallet and its embedded value offerings.

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Date: 2021-12-17T14:43:36-05:00
Twitter: @PYMNTS.com
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Minnesota Ecommerce Startup Raises $4.4 Million

“We are thrilled to earn the backing of Peterson Ventures and Sidekick Partners. Their support will help us continue to empower merchants of all sizes to accelerate growth with onsite personalization,” John Erck, Co-founder and CEO of Rebuy, said in a release.

Once a Shopify user integrates Rebuy to their platform, the service uses AI to provide product recommendations, post-purchase follow-ups, and more to shoppers, the company says.

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Publisher: tech.mn
Date: 2021-12-17T17:18:00 00:00
Twitter: @techdotmn
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Pivotree Clients Experience Record-Breaking and Frictionless Cyber 5 Ecommerce Sales in 2021

Leaders across several retail categories saw a true frictionless experience with site speed, stability, and availability powered by Pivotree

"We're thrilled to see our clients having such a profitable kick-off to the holiday retail season.

Pivotree clients saw significant returns, ranging from record activity on Thanksgiving with more than 800 orders per minute for one retailer, to a leading sports apparel retailer beating their daily record and reaching $3.1M in sales in one day.

Date: 9D28F7743C790DD88F2D9C7375EF7ED5
Author: Pivotree Inc
Twitter: @PRNewswire
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China's Alibaba Sets $100B GMV Target | PYMNTS.com

Chinese eCommerce giant Alibaba has set a $100 billion gross merchandise volume target for Lazada, its southeast Asian online marketplace.

As Reuters reported Friday (Dec. 17), the company shared this goal with investors this week and sets the bar fairly high for Alibaba, as Lazada generated $21 billion in gross merchandise volume (GMV) between September 2020 and September 2021.

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Date: 2021-12-17T11:42:42-05:00
Twitter: @PYMNTS.com
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Vietnam's Buy2Sell Allows Domestic Sellers | PYMNTS.com

As Retail News Asia reports, Buy2Sell will next year begin allowing domestic sellers onto its platform, rather than the current system, which only allows international vendors. The platform will still let any buyer matching a seller's minimum order to buy goods at wholesale prices.

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Date: 2021-12-17T12:45:44-05:00
Twitter: @PYMNTS.com
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Bestseller Book Announcement: The eCommerce Compass- Proven Strategies For Generating B2B

ISELIN, N.J. , Dec. 16, 2021 /PRNewswire-PRWeb/ -- i95Dev is happy to announce that "The eCommerce Compass" - book authored by Founder & CEO- Vanit Kumar , is now a BESTSELLER.

Relying on 20+ years of experience in eCommerce and with over 1000 projects to date, Vanit shares his thoughts on the company's internal strategies, best practices, and tactics for ensuring the success of B2B eCommerce implementations.

Publisher: WFMZ.com
Author: ISELIN N J Dec 16 2021 PRNewswire PRWeb i95Dev is happy to announce that The eCommerce Compass book authored by Founder amp CEO Vanit Kumar is now a BESTSELLER
Twitter: @69News
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Indian ecommerce giant Flipkart is said to target IPO (NYSE:WMT) | Seeking Alpha
Publisher: SeekingAlpha
Date: 0FEA0055AC330065CFA87CA3045E9860
Twitter: @SeekingAlpha
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Why there will be no more ecommerce without web scraping and big data | TechRadar

The use of web scraping has been steadily trending upwards. There’s barely any business that can’t benefit from automated external data acquisition. Ecommerce , however, is one of the few industries where I predict that web scraping will soon become unavoidable.

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Publisher: TechRadar
Date: 2021-12-15T15:23:15Z
Author: Gediminas Rickevi
Twitter: @TechRadar
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