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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.

eCommerce 293
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Top 11 Ecommerce trends to keep you ahead of the curve

Openxcell

The eCommerce industry has undergone a tremendous transformation in recent years. eCommerce has seen several notable trends over the past few years. These eCommerce trends are not only influencing how businesses operate but also how consumers shop and interact with brands in the digital marketplace. trillion dollars in 2021.

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7 eCommerce Growth Strategies to Boost Online Sales

KitelyTech

Over the last decade—and especially since the pandemic—ecommerce sales have exploded at record rates. Nowadays, 10% of all retail sales are generated through ecommerce. On the global scale, the ecommerce industry reached $4.9 On the global scale, the ecommerce industry reached $4.9 List of eCommerce Growth Strategies.

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

TechCrunch

According to eMarketer , Japan and Korea’s e-commerce markets were estimated at $144 billion and $121 billion, respectively, in 2021. Despite the large e-commerce market size, both countries have fewer e-commerce aggregators than other countries with smaller markets, South Korean e-commerce aggregator New Vessel said.

Internet 223
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Machine Learning In Internet Of Things (IoT) – The next big IT revolution in the making

Openxcell

One such combination of technologies is Machine Learning in IoT (or Internet of Things) which has surely changed the way we perceive and interact with our surroundings. What is IoT or Internet of Things? He coined the term, “ Internet of Things” for this technology and the name stuck. What is Machine Learning?

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Useful Tips To Find The Best Ecommerce Developers in Dubai

Xicom

From the small stuff to the big picture, there is one particular way to cash the internet of things and improve your ecommerce website – hire the services from a trusted and experienced Ecommerce development company. 90% of marketers stated a significant improvement from customization aspects. Did You Know!

eCommerce 105
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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. It’s a huge market at the end of the day, you have roughly 250 million people.

eCommerce 223