Alibaba Group Holding Ltd. is investing $2.9 billion in China’s largest “hyper-market” or superstore company, Sun Art Retail Group, in a move there against Walmart and its partnership with Alibaba rival JD.com. This is yet another chapter in the growing “clicks-to-bricks” trend, including Amazon’s Whole Foods acquisition.
Following on the heels of Singles Day’s global explosion earlier this month, cloud computing platform provider Akamai is predicting that Cyber Weekend will see a similar expansion beyond its traditional geographic boundaries.
1-800-FLOWERS.COM, Inc. announced the launch of Simply Chocolate, a new destination for individuals to discover a curated assortment of gifts. Here are some of the features that will be part of the new website.
Walmart started charging higher prices online than in store for some items, in an effort to offset shipping costs and drive more shoppers to its brick-and-mortar locations. See how Walmart will differentiate prices for both channels.
It’s no surprise that the holiday season – between November 1 and December 31 – is crunch time for online retailers. Here is how online journey hijacking is impacting the customer experience.
Build.com, an online-only home improvement retailer, launched a new augmented reality (AR) in-app experience,”In-Home Preview,” leveraging Apple’s new ARKit development platform. Here are some of the features of the new experience and how it will change the shopper’s experience.
Despite skeptics and setbacks, the value of bitcoin continues to rise, and every day more people are learning how cryptocurrencies work, recognizing they aren’t just some shady underworld scrip. Learn about the current state of bitcoin acceptance and what hurdles need to be cleared.
Serving customers in new global regions is an exciting venture for any ecommerce business, but it can be a large undertaking for the fraud team. Here are five major identity and fraud issues businesses face when going international, and how you can overcome them.
Continuing to dwarf U.S. sales holidays and Prime Day, Alibaba’s Singles Day pulled in a record 168.2 billion yuan ($25.3 billion) in gross merchandise value (GMV) settled through the Alipay platform, up 39% from 120.7 billion yuan ($17.8 billion) in 2016. See what other staggering stats and figures came out of Singles Day.
Each year it seems as though the ramp-up to holiday season starts earlier for merchants, as they truly understand the impact that strong (or poor) seasonal performance can have on their bottom line.