Vertex, a provider of sales tax automation software, has acquired Irish payments and tax solution provider Taxamo for $200 million in an all-cash transaction, positioning it to address compliance with new European Union tax requirements impacting remote sellers going into effect July 1.
While many retailers have seen record ecommerce sales in the pandemic era, the execution hasn’t always been pretty. That’s because many were caught with an omnichannel order management process that was less than optimized. This report will detail how you can create a more unified process across all channels.
The arrival of COVID-19 in early 2020 clearly had an enormous and unexpected impact on retail sales channels but the fundamental goal for merchants remained the same: Provide a great product and exceptional customer experience. So here we are, in the new ecommerce landscape. Here’s what you need to focus on to succeed.
Looking to create more of an end-to-end ecommerce solution and move beyond the perception that it’s a payments platform only, PayPal has acquired Happy Returns, which consolidates returns for retailers via a national network of mall and store collection points. PayPal had led a 2019 funding round of $11M into Happy Returns.
Making a bigger push into selling fashion online, Walmart said it is acquiring Israeli virtual dressing room provider Zeekit for an undisclosed sum. The owner of acquired fashion brands Eloquii, Moosejaw and Bonobos is looking to make the online clothing shopping experience more fun, while also cutting down on returns.
Subscription ecommerce is complicated, and brands that jump in unaware may find themselves taken aback by a number of challenges, with payment at the top of the list. Yet building a successful subscription ecommerce business is worth the effort. Here are 7 thing to consider in order to help your program be a winner.
The cybersecurity team at SafetyDetectives uncovered a database leak that appears to have exposed more than 200,000 people involved in a scam where Amazon vendors exchanged free products for fake reviews. The server, based in China, contained more than 134 million messages between 3P sellers and reviewers.
Nogin, a company that helps brands improve their performance by providing a host of outsourced services, is doing its first acquisition with ModCloth, a year and a half after it was acquired by retail investment firm Go Global from Walmart. Terms were not disclosed. Nogin’s CEO said the company is looking to do more brand acquisitions.
There’s a behind-the-scenes battle going on between Amazon and Shopify that has big implications for merchants. Amazon now owns a technology that could help it compete directly. Here’s why the rivalry matters to online merchants, and how understanding it can help you select the right ecommerce channels for your goals.
E-grocery sales in the U.S. surged back to $9.3 billion in March, the same level as in January and up 43% from $6.5 billion a year ago, after dropping to $8 billion in February, according to the latest data from Mercatus and Brick Meet Click. That growth happened even though 7% fewer households placed one or more orders in March.