eCommerce

eCommerce
Wasoko Expands African B2B eCommerce Marketplace Into Zambia
May 11, 2023

B2B marketplace Wasoko has moved into Zambia as part of a broader expansion in Africa. “Launching its central hub in Lusaka, Wasoko’s operations will enable small retailers across the city to access an affordable range of products for same-day delivery and working capital financing solely...

eCommerce
Etsy Hopes Brides Will Say I Do to Personalized Wedding Registry Experience
May 11, 2023

Etsy continues to rework its positioning to encourage consumers to think of Etsy as a go-to destination for all things shopping, instead of a niche platform for handmade and vintage items. The company is launching its Wedding Registry experience, in a bid give customers more...

eCommerce
Online Car Platforms Strive to Right-Size Inventory as eCommerce Volumes Plummet
May 10, 2023

For the online car platforms, the path towards profitability is a bumpy one … … and the macro pressures are hardly in the rearview mirror. Earnings commentary from some of the major players in the space show that revenues have fallen as the retailers have...

eCommerce
thredUP Moves the Needle With Premium, Not Bargain, Buyers
May 10, 2023

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...

eCommerce
Decision Brief: Optimizing Consumer Authorization Rates in Cross-Border eCommerce
May 08, 2023

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...

eCommerce
Tupperware Turns to Amazon for a Comeback
May 06, 2023

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...

eCommerce
Online Sellers Demanding Real-Time, Unified View of Sales From Payments Services Providers
May 05, 2023

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...

eCommerce
Shopify’s Sale of Logistics Ops Signals Return to eCommerce as ‘Main Quest’
May 04, 2023

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...

eCommerce
Etsy Wants Shoppers to Shop With Them Every Day, Not Once in a While 
May 04, 2023

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...