Many Brazilian consumers are forgoing the country’s local businesses, choosing instead to buy American goods as a sign of wealth. But many U.S. retailers are struggling to sell to Brazilian consumers due to the country’s closed-loop network policy, which restricts Brazilian cardholders to only using their credit/debit card within the country.
Fine jeweler and watch retailer Betteridge announced that it has partnered with Borderfree to expand its online customer experience globally. By partnering with Borderfree, Betteridge now offers international shipping to over 100 countries and territories worldwide in more than 60 global currencies.
The presentation, which is entitled Get It Delivered For Less: World-Class Strategies for Sourcing Global Parcel Transportation Rates & Contracts, provides advanced procurement strategies for shippers looking to reduce global parcel costs through contract negotiations.
Since it began working with NetSuite, Jimmy Jazz has averaged 87% annual ecommerce growth over the past four years.
If you’re a U.S. retailer looking to expand your ecommerce business globally, South Korea may be the place to do it.
Pentland Brands, the parent company of Berghaus and Speedo, will be launching new direct ecommerce sites in an effort to offer a better customer experience.
Walmart is launching a business-to-business ecommerce platform in India next month. It is expected to launch in the Indian cities of Lucknow and Hyderbad.
The government of India could allow foreign direct investment in India’s ecommerce sector as early as next month, paving the way for global online retailers such as Amazon to expand their business, according to a report published June 4 by Reuters.
Chinese ecommerce giant Alibaba plans to pay $250 million for a 10% stake in the Singapore Post, Singapore’s national postal system.
11 Main is looking to take away share from market leaders Amazon.com and eBay by adopting a more disruptive tack vs. the “me too” approach of Japanese operator Rakuten.