One would assume that bargain shoppers would be driving the resale market, but that’s what you get when you assume. According to thredUP’s Q1 2023 earnings report, the marketplace is resonating with premium buyers, not bargain shoppers. According to James Reinhart, the CEO and co-founder...
Introduction: Cross-border eCommerce involves millions of transactions spanning multiple markets, acquirers and issuers, which combined together can significantly increase the occurrence of failed transactions. That, in addition to local payment preferences and varying regulatory landscapes from one market to another can create numerous points of...
After encountering financial difficulties last month, Tupperware, a trailblazing direct-to-consumer (D2C) brand, has implemented some inventive marketing and sales strategies, one of them being the launch of its Heritage Collection bowls. In celebration of the fifth and final season of “The Marvelous Mrs. Maisel” on...
Despite advancements in eCommerce technology, businesses that operate in digital commerce, particularly those with multiple storefronts, still lack a complete and unified multi-platform overview of their finances, says Samir El-Sabini, CEO and co-founder at Juni. It’s a gap that the Swedish FinTech firm is aiming...
For Shopify, the shift is back to basics — a focus on eCommerce — and relying more fully on partners to get the goods to customers’ doorsteps. Shopify announced Thursday (May 4) alongside its first-quarter earnings results that it would sell its logistics and fulfillment...
Etsy, originally a niche platform for handmade and vintage items, is seeking to broaden its appeal beyond its specialized offerings. The company is now focused on expanding its customer base and positioning itself as an all-around shopping platform for everyday consumers. The platform’s growth has...
Alibaba is reportedly mulling a U.S. initial public offering (IPO) for its eCommerce unit. The Chinese tech giant is in the early stages of weighing the listing, Bloomberg reported Thursday (May 4), citing unnamed sources. The size of the IPO, which could potentially come next...
When the CV joint on your used car finally breaks, your first thought isn’t how data science and optimized supply chain figure into that repair. But they do, by ensuring that part is readily available and affordable, as the calculus of pouring money into used...
MercadoLibre says it’s taking advantage of growth opportunities in Latin America. The Latin American eCommerce giant saw its net revenues rise 58% year over year during the quarter ended March 31, MercadoLibre said in a Wednesday (May 3) letter to shareholders. “MercadoLibre has had a...
