Amazon Shuts Down Quidsi
Amazon announced it is shutting down Quidsi, the parent company to ecommerce sites Soaps.com, Diapers.com and others. See what this will mean for the ecommerce sites under the Quidsi company.
marketplaces
Chinese Ecommerce Market Pegged at $1.7 Trillion by 2020
Despite some forecasts projecting a slowdown in ecommerce in China, a new report from Goldman Sachs sees the world’s largest online market continuing to boom over the next four years. The report pegged Chinese ecommerce sales at $750 billion in 2016 sales, coming from 460 million online shoppers, and projects a CAGR of 23% through 2020 – nearly triple the rate of offline sales. See what categories and companies are leading.
Jet.com Acquires ShoeBuy for $70 Million
Jet.com through its parent company, Walmart, has acquired ShoeBuy.com for $70 million. See what this will mean for Jet.com and ShoeBuy.com.
Third-Party Sellers on Amazon Saw 2016 Boom
Amazon shipped over 2 billion items worldwide in 2016 for third-party sellers on its marketplace using its fulfillment services – more than double the figure from 2015. See what other milestones the company achieved in 2016 and during the holiday season.
Jet.com Will Help Walmart Gain Back Share But Not Increase It
The recent acquisition of Jet.com by Walmart for $3.3 billion will give the retail giant advantages like a more robust ecommerce platform, a stronger digital brain trust and an expanded online catalog, but it won’t appreciably close the wide gap between Walmart and Amazon. See what else ChannelReply CEO Michael Dash had to say about the deal and what it does for Walmart.
PartCycle Builds an Amazon-like Experience for Quality Used Auto Parts
PartCycle Technologies has launched The PartCycle Marketplace, an ecommerce platform providing recycled and remanufactured original equipment auto parts for collision and mechanical repair professionals and consumers. Here’s how PartCycle plans to connect buyers who need quality parts with professional automotive recyclers.
How Walmart’s $3.3 Billion Push Into Ecommerce Affects You
Walmart has long been the brick and mortar giant in the United States known for being extremely difficult to compete with. The company’s recent online push just got a dose of serious “rocket fuel” through its $3.3 billion acquisition of Jet.com. Will it be able to duplicate this stature online?
Why Jet.com is Kind of a Big Deal for Walmart
At press time, Walmart has yet to acquire Jet.com, as The Wall Street Journal suggested was a $3 billion possibility on August 3. But industry experts say Walmart’s acquisition of Jet.com could be kind of a big deal. Here’s a look into all the possibilities a marriage of Walmart and Jet.com could bring.
Prime Day Huge For Amazon, But Rising Tide Didn’t Lift All Boats
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.
Amazon Delivers Another Prime Day Migraine
From poor deals to cancelled coupon codes to technical difficulties, Amazon made it’s second-annual Prime Day one to remember… or forget.