Walmart is upping the stakes in its war for retail dominance with reigning eCommerce champion Amazon by expanding the rage of their free two-day shipping. Going forward, Walmart will allow any U.S. customer with a $49 per year members ship to access its free two-day...
Times continue to be tough over at Birchbox, the online makeup peddler, which has just fired an additional 30 staff members. The cuts come at a particularly unfortunate time, as a few weeks ago Katia Beauchamp was touting plans for the firm that she was...
Today (June 29), MasterCard announced the integration of its Simplify Commerce solution with Microsoft Dynamics AX, their cloud-based ERP solution, in order to bring secure online payments to 13 markets around the globe. As a result of this collaboration, Simplify Commerce, MasterCard’s cloud-based payments platform, will give Microsoft...
It’s becoming increasingly common for analysts to release less-than-encouraging reports on this or that brand’s online sales potential. So much so that these doom-and-gloom reports can be used to wallpaper the average retail executive’s office. However, when Goldman Sachs decides to give a retailer’s eCommerce...
Cha-choke? Underperforming online merchants leave $168 billion annually on the table because they can’t close the deal with their shoppers. And big retailers, despite their seeming advantage, fare no better than their smaller counterparts. The latest Checkout Conversion Index reports the latest findings for the...
Cha-choke? Underperforming online merchants leave $168 billion annually on the table because they can’t close the deal with their shoppers. And big retailers, despite their seeming advantage, fare no better than their smaller counterparts. The latest Checkout Conversion Index reports the latest findings for the...
Alibaba has made another major Commerce investment — this time aimed at improving eCommerce search for products. The Chinese Internet giant has thrown its support behind Twiggle, an Israeli technology company, which recently raised $20 million. This funding round was led by Naspers, a South African conglomerate,...
Indian multinational conglomerate Tata Group is jumping on the eCommerce bandwagon with the launch of Tata CLiQ, an apparel and electronics shopping website. The website, which Tata says took over a year and half to build and costed several hundred million dollars, will sell in-house...
Apparently, Paytm feels pretty good about its five-year plan. Or, at least, the owner of the India-based online payments processor, One97 Communications (which itself is owned by Alibaba), does, having recently told Bloomberg that it currently controls enough funds to last five years, a timeframe...
