global ecommerce
Doing Cross-Border Ecommerce, Post-Covid
Building an international presence through cross-border ecommerce is often an incredibly daunting task, even for the most established brands. Following these best practices will help ensure greater success and an overall better customer experience by avoiding supply chain and logistics disruptions while maximizing brand potential.
Cross-Border Ecommerce: Facing Logistical Challenges, Seizing Opportunities
With worldwide cross-border ecommerce sales reaching as high as $2 trillion by 2030, the opportunity is hard to ignore, but there are logistical hurdles to overcome. The good news: provider networks have made it easier than ever for even SMBs to jump in. This MCM report taps cross-border experts to explore both the risks and rewards of cross-border ecommerce in 2022 and beyond.
Borderfree Acquired by Global-e from Pitney Bowes
Borderfree, a provider of cross-border shipping acquired by Pitney Bowes in 2015, is being acquired by Israeli cross-border platform firm Global-e for $100 million in cash, about a quarter of its original price, the companies announced, adding the two will enter into a strategic partnership. The deal is expected to close in Q3.
Cross-Border Ecommerce: A Checklist
There is no slowdown in sight for global ecommerce, so now is the time to seize the moment.Ā But before launching, there are many factors to process. Whether you’re a Fortune 500 or an SMB, you can drive prosperous cross-border growth if you tackle a few areas first. Here is a checklist of the high-priority items to consider.Ā
The Critical Role of Ecommerce Marketplaces
Those who only think of ecommerce marketplaces of major American and Chinese operators when they consider the global platform economy overlook opportunities this business model also offers SMBs. Merchants with complementary offerings can learn from the big players and serve their customers better together.
International Parcel Shipping Provider Passport Raises $12M
Passport, a provider of international parcel shipping services, has raised $12 million in a Series A round to build out its parcel supply chain network for ecommerce and DTC brands. Funding for the round was secured by M13 and included participation from Resolute Ventures, Precursor, Kleiner Perkins, RiverPark and Republic.
Multichannel Retailers: How to Effect Real Change
Beyond the holiday rush, multichannel retailers can’t afford to be short-sighted, ignoring the paradigm shift in consumer purchasing behavior that will extend long after the pandemic is over. If they arenāt looking at long-term investments to create hybrid customer experiences, they will soon find themselves way behind the pack.
