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As Temu shakes up global ecommerce, PDD nears overtaking Alibaba

TechCrunch

On Thursday, news of Alibaba’s market cap sliding under that of PDD made headlines all over the Chinese internet. PDD, the firm behind the fast-growing shopping app Temu, is shaking up China’s Big Tech club. Now […] © 2023 TechCrunch. All rights reserved.

eCommerce 293
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The Internet of Things Will Fundamentally Change eCommerce

CTOvision

Read Kyle Kucharski explain how the Internet of Things adoption could change the way eCommerce sites as Amazon etc operate on PC Mag : The Internet of Things (IoT) is changing the way consumers shop online, and businesses are scrambling to figure out how to use consumers’ 24/7 interconnectivity to their advantage.

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Wish files to go public with 100M monthly actives, $1.75B in 2020 revenue thus far

TechCrunch

This morning Wish , a well-known mobile ecommerce startup, filed to go public. As going to stores became more risky over time, many shoppers turned to buying more goods from the Internet, bolstering ecommerce players like Shopify, BigCommerce, as well as companies that facilitate online payments, like Square and PayPal.

eCommerce 294
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Korean internet giant Naver backs e-commerce aggregator New Vessel in seed round 

TechCrunch

The startup announced today it has raised an undisclosed seed round co-led by South Korean internet giant Naver, CKD Venture Capital and Wooshin Venture Investment, with participation from Lighthouse Combined Investment and S&C Networks to take the market in South Korea and Japan. .

Internet 223
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Egypt’s e-commerce platform Wasla nabs $9 million from retail finance provider Contact

TechCrunch

Contact Financial Holding, Egypt’s non-bank consumer finance provider, has invested $9 million in the country’s ecommerce super-app Wasla , setting the stage for the rollout of new online shopping capabilities, products and regional expansion. They’re very technologically advanced, and their adoption of ecommerce is quite good.

eCommerce 223
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7 Things you Can Do Now to Make your eCommerce Business More Accessible

Altexsoft

Some enjoy the experience due to their fast internet connection. Because of these differing experiences, it’s important that an eCommerce company designs its website with web accessibility in mind. Why web accessibility is important for eCommerce websites. Best practices to make your eCommerce website accessible.

eCommerce 124
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Egypt’s SideUp raises $1.2M to grow its e-commerce support platform

TechCrunch

Through the four years I understood a lot of things about logistics, operations, and ecommerce. Riyadh Angels co-founder, Dr. Khalid Al Tawil, said: “Ecommerce remains fragmented across most of the region, creating a number of challenges for business owners. seed funding.

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