Patchworks, a company providing ecommerce software tools to retailers, has raised £4m as it brings in a new CEO.
The London and Nottingham-based company has been providing clients with ecommerce integration tools since 2014 and is now looking to scale product development with the new cash injection.
New Report Shows Strong Demand for eCommerce Technology Among US Small Businesses in 2023 - EIN ...
The report reveals that there is a robust desire for investment in eCommerce technology among small businesses in the US.
According to the report, 41% of small businesses with websites are increasing or significantly increasing their 2023 budget for eCommerce platforms, while only 26% are decreasing their budgets in the face of economic uncertainty.
Ecommerce try-before-you-buy startup Elyn raises €2.5m | Sifted
Paris-based Elyn, which lets online merchants offer consumers a try before you buy (TBYB) option at checkout, has raised a €2.5m pre-seed round from Sequoia Arc — the US VC's accelerator programme, from which it graduated — and Headline.
Elyn is trying to solve an ecommerce bottleneck it says contributes to average cart abandonment rates of 70% among online shoppers: a long-winded returns process that puts them off shopping in the first place.
30 Under 30 Europe Retail & Ecommerce 2023: Meet The Young Founders Reshaping The Way We Buy ...
C hinese immigrant Kelu "Eric" Liu , 27, says he never planned on being an entrepreneur. But at 22, the University of Nottingham graduate founded U.K.-based food and grocery deliverer HungryPanda after realizing there was a lack of accessible Asian cuisine outside of his home continent.
Hot Watsco ecommerce growth
Watsco Inc. is well-known for at least two things: distributing heating, ventilation and air-conditioning systems, and generating a lot of sales via B2B ecommerce.
For the fourth quarter ended Dec. 31, Miami-based Watsco Inc. reported a 5% increase in total sales to a record $1.58 billion. Net income was $157.1 million, up from $96.6 million a year earlier.
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