Xiaomi, also known as the ‘Apple of India’, has announced plans to launch its own ecommerce site in the country. The company is already in talks with multiple partners and the launch is scheduled for early 2015, pending approval. Xiaomi registered its first local unit in Bengaluru in October 2015, under the name 'Indian Xiaomi Technology India Pvt. Ltd' and is putting a real drive into the operations side of things with the team growing rapidly at a headcount of 40+. Hugo Barra, vice … [Read more...]
Black Friday Weekend Kicks Off Early With Pre-Thanksgiving Sales Up over 19%
With still a few days to go, many online retailers have decided to go for a headstart on Black Friday Weekend, with massive discounts now available in stores such as Amazon, Walmart, and Target –with other outlets joining them by the minute. You know that once Amazon does it, everyone will do it! Sales are up an impressive 19% on last year, with mobile traffic doubling from 24.4 to 48.5%! We created this post for you guys last week about mobile optimization for this very reason...we knew the … [Read more...]
Walmarts Price Matching Scam Backfires….Bigtime.
Walmart and Amazon really are taking over the news lately in their ecommerce war to be Santas right hand man this Christmas. As I mentioned a few weeks ago, Walmart have really begun to focus on their ecommerce offerings in a new strategy launched last year. A massive part of this plan to trump Amazon was to further broaden their ‘price matching’ service into the ecommerce sphere, by also recognizing marketplace vendors. The price matching policy itself states that "We're committed to providing … [Read more...]
Amazon Enter The World Of Online Travel
The world of online travel booking woke up to some interesting news this morning as it was revealed that Amazon is entering the world of travel e-commerce. Amazon are expected to launch their own travel service for booking hotels and resorts in major cities worldwide in the next few months. The ecommerce Titan intends to roll out Amazon Travel in early January 2015 for a select number of hotels within a few hours’ commute from New York, Los Angeles, and Seattle. … [Read more...]
BlueSnap Announce First Data Partnership
BlueSnap, the Massachussets based eCommerce merchant giant, today announced a new business deal with First Data. The partnership aims to give secure cross-border payment capabilities to BlueSnap’s eCommerce merchants. ‘BlueSnap has reinvented and optimized the checkout experience by combining intelligent payment routing, frictionless one click checkout, cross-border payments, award-winning Smart Subscriptions, multiple integration options and dynamic ecommerce tools into a single … [Read more...]
Will Bitcoin Change The Way You Do Business in 2015?
In the last year or two, Bitcoin has been steadily growing its name in the mainstream business community, and stores like Overstock, Lord & Taylor, Virgin Galactic and NewEgg now all accept the digital currency. All of this is great for Bitcoin in shedding its reputation as an unsafe, risky ‘internet’ dollar, as only a few years ago one of the pioneers of Bitcoin was arrested for money laundering, and just recently a price crash in the Bitcoin market caused serious upheaval. Can Bitcoin … [Read more...]
Vente-Privee Announce Amex Split
Vente-Privee, the French high end e-commerce company, is closing its US operations by the end of 2014. Vente-Privee launched in the US in 2012 in partnership with American Express, with each side investing $20 million to the venture. At this time, Vente-Privee expected American Express to be a ‘passive investor’ while American Express wanted to help manage the business, so a split was always imminent. Dan Schulman, AMEX's president of Enterprise Growth, was the only one at the credit card … [Read more...]
Ve Spends $12m to Buy GDM Digital
Ve, a UK based eCommerce conversion company , has bought out the digital advertising company GDM Digital in a $12 million deal, it has been revealed this morning. This heftily priced acquisition of GDM is a further indication of Ve's growing interest in digital advertising. This deal moves their client base north of 6,000 online companies. GDM, who currently have firms like Microsoft, Coral, IBM and Audi on their books, will be absorbed completely by Ve, who will be retaining all 42 GDM … [Read more...]
DHL Global rebrands as DHL eCommerce
The rapid growth in ecommerce predicted for 2015 has prompted DHL Global to rebrand as DHL ecommerce in the Americas. This is part of a 5 year growth strategy launched by parent company Deutsche Post DHL earlier this year to take full advantage of the expansion in the marketplace. When launching Strategy 2020:Focus.Connect.Grow, Frank Appel - the Deutsche Post Chief Executive, said 'Our aspiration is to be the leading force in the logistics industry by 2020 and the company that defines … [Read more...]
$9 Billion Alibaba Singles Day Sales….Lets break it down.
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