According to Flipkart’s Facebook page, the Indian ecommerce marketplace is “in a relationship” with Jabong. And it’s not complicated: Flipkart-owned Myntra Designs has agreed to buy Rocket Internet-backed online fashion retailer Jabong for $70 million in cash.
Cross-border solutions are expected to take center stage over the next four years, and a report shows the global ecommerce payment market will grow at a compound annual growth rate of 16.42% by 2020, according to the latest edition of the PYMNTS.com X-Border Payments Optimization Tracker.
SMB online retailers are using multiple carriers to get better pricing and eliminate the risk of keeping all their eggs in one basket, according to a new study from Accenture. See what carrier capabilities are most critical to them, and what they’re looking for in terms of cross-border services.
Ecommerce in Denmark was a record-setting 100 billion kroner, or 13.44 billion euros, in 2015, representing 10% of the country’s retail market. But the flow of cross-border goods is mostly into the country, due to the high price of Danish goods and stiff overseas competition. See what else a national trade association discovered in a new report.
A new data center in Moscow strengthens Datapipe’s European presence and ability to meet global, enterprise growth and the growing demand for ecommerce throughout Russia.
eBay will soon be expanding in Africa through a new partnership with MallofAfrica.com, an online shopping startup, beginning next month. See what this will mean for both companies and how it will help eBay expand into Africa.
In 2016, more than 15% of Chinese residents will make online purchases from offshore sellers worth $85.76 billion, according to a new report from eMarketer. By 2020, more than a quarter of the population, representing half of all digital buyers, will be doing so, the company reported.
JD.com will host a week-long roadshow of “British Week” activities in the United Kingdom to enable more British brands to sell direct to consumers across China. Here’s a look at some of the ways JD.com is invading Britain offline to grow its online business, and which U.K. brands are already on board.
The global e-commerce company AlternativePayments.com has launched a new international payments solution. See how this new solution will help etailers
Alpha Industries has seen gains in cross-border ecommerce sales and customer satisfaction after partnering with UPS i-parcel on international fulfillment. See what issues Alpha was facing, and how they were solved through outsourcing the handling of its international transactions.