Walmart is in talks to buy ecommerce marketplace startup Jet.com, according to an article published August 3 by The Wall Street Journal. And the price tag is not a Rollback deal: According to the article, sourced say Walmart is willing to pay $3. Lets take a look at why Jet.com is a vital piece to Walmart’s ecommerce puzzle.
What’s on your to-do list? If you’re thinking about expanding into cross-border, it’s probably filled with the basics like keeping on top of currency conversions, duties and taxes, international advertising, and a mountain of other concerns. But what about discovering which items in your inventory can legally be shipped where? These are three important considerations when expanding into the cross-border world.
U.S.-based merchants should not need to worry about selling to U.K. customers in a post-Brexit world.
Although U.K. voters chose to leave the European Union on June 24, and the decision had a major negative impact on the world’s financial markets, at least one U.K. businessman says it’s steady-as-she-goes for cross-border ecommerce.
DHgate.com and Tencent signed a strategic agreement to create a social cross-border ecommerce application. Here’s how this social commerce system will make on demand B2B communication and deal making a reality for global buyers and sellers, and help DHagte.com to realize their goal of creating an online silk road.
Amazon had a massive Prime Day, reporting its biggest sales day ever, surpassing even its results on Black Friday or Cyber Monday as it overcame checkout glitches and social media grumbling. But some sellers said their results weren’t as off the charts as those of Amazon itself. See what else took place on Amazon’s much-promoted 21st anniversary.