Articles with tag: logistics

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Indian ecommerce retail market expected to cross USD 100 bln by 2024

28 Aug 2020 | Ecommerce

A white paper published by A&M India and CII Institute of Logistics has estimated that the ecommerce retail space in the country with prompt growth by five times in the next five years.

A&M India, CII Institute of Logistics, India, Asia, APAC, ecommerce, study, marchants, US, China,

FarEye raises USD 37.5 mln to expand its delivery logistics platform used by DHL, Amway

24 Aug 2020 | Ecommerce

FarEye, a logistics SaaS platform, has raised an additional USD 13 million as an extension to its Series D investment led by The Fundamentum Partnership, an India-based growth-capital fund.

FarEye, SaaS, technology platform, logistics platform, DHL, Amway, India

EBANX launches ecommerce-focused logistics solution in the US

21 Aug 2020 | Ecommerce

EBANX has announced the launch in the US of its international logistics solution LEVE, to help online stores in the country to send parcels to Brazil.

EBANX, ecommerce logistics, delivery, shipping, LEVE, Brazil, cross-border commerce

Surecomp marks the launch of its fintech Marketplace with new brand identity

11 Jun 2020 | Payments General

Surecomp, a global trade finance and treasury solutions for banks and corporations, has launched its new fintech Marketplace.

risk analysis, digital operations, cybersecurity, logistics, artificial intelligence, AI, know your customer, KYC, regtech, analytics, Surecomp

DBS launches cashless purchasing card for Singapore's logistics sector

12 May 2020 | Cards

DBS Bank has rolled out a cashless purchasing card for the logistics sector to address the operational inefficiencies faced by the logistics SMEs in Singapore.

DBS Bank, cards, logistics, pandemics, contactless, paper work, Singapore, payments

Ecommerce platform Jumia offers support for African marketplaces

24 Mar 2020 | Ecommerce

Jumia, a Nigeria-based ecommerce platform, has announced it is offering support for marketplaces, logistics, and online payments to governments in Africa.

Jumia, ecommerce, marketplace, logistics, online payments, coronavirus, COVID-19, financial aid, Africa, Nigeria, Reckitt Benckiser

Fulfilment company Ruby Has acquires EasyPost

23 Mar 2020 | Ecommerce

Ruby Has ecommerce fulfilment company for B2C services, has acquired EasyPost Fulfillment Services to expand national footprint in the US.  

Ruby Has, EasyPost, logistics, delivery, acquisition

HSBC announces trade finance loan partnership with logistics platform Cainiao

23 Mar 2020 | E-invoicing, SCF & E-procurement

HSBC has announced leveraging big data to offer quick trade financing approvals to Hong Kong merchants on Alibaba's ecommerce platform Tmall.

Tmall, HSBC, Cainiao, China, Hong Kong, Alibaba, trade finance, B2B payments, ecommerce platform, Covid-19 financial aid, logistics platform, Asia, APAC

Standard Chartered joins IBM and Maersk's blockchain shipping platform

17 Mar 2020 | E-invoicing, SCF & E-procurement

Standard Chartered has joined TradeLens, the US-based blockchain shipping platform created by IBM and Denmark-based logistics company Maersk.

Standard Chartered, TradeLens, partnership, US, United States, trade finance, blockchain trade finance, Internet of Things, intermodal providers, customs authorities, freight forwarders, logistics,

Grab, Wirecard enter payments partnership in Southeast Asia

11 Mar 2020 | Online Payments

Germany-based fintech Wirecard has announced a payments partnership with Singapore-based provider of transportation, logistics and financial services Grab

Grabpay, Grab, Wirecard, online payments, Southeast Asia, Singapore, Mitsubishi UFJ Financial Group, MUFG, TIS, financial commerce platform, ecommerce, logistics, transportation,

Alipay to support the digital transformation of 40 mln service providers in China

10 Mar 2020 | Online Payments

Alipay has revealed a three-year plan to further open up its platform to support the digital transformation of 40 million service providers across China. 

Alipay, digital transformation, service providers, China, mobile payment, contactless services, grocery deliveries, legal advice, medical advice, logistics, service providers

Data Sharing Days 2020 – or how I learned that data is more than a four-letter word

04 Feb 2020 | Payments General

What is the connection between number 55, rock music, and Afsprakenstelsel? The Data Sharing Days Conference, held in rainy Hague.

Afsprakenstelsel, payment, logistics, technology, energy, data sovereignty, data privacy, data, INNOPAY, Data Sharing, Mariane ter Veen, iShare

PrimaDollar eyes partnerships with Indian logistics companies

03 Jan 2020 | E-invoicing, SCF & E-procurement

Online trade financier, PrimaDollar, that officially launched its operations in India a few months ago after a year-long pilot, is looking at some potential partnerships with supply chain and logistics companies in the country soon.

Online trade, PrimaDollar, logistics, trade finance, invoice finance, SMEs

USD 60 mln invested Shadowfax by Flipkart

09 Dec 2019 | Ecommerce

Walmart’s Flipkart has invested USD 60 million in a financial round in India-based startup Shadowfax, as it works to strengthen its logistics network in the nation.

Flipkart, investment, logistics, startup, Shadowfax, ecommerce, retail, inventory, grocery, fashion, food industry

Finland-based logistics company runs pilot to identify customers online and offline

02 Dec 2019 | Digital Identity, Security & Online Fraud

Posti, a mail and logistics service company in Finland, has participated in a pilot that aims at increasing the use of digital identities.

logistics, digital identity, SisuID, SCA, authentication, delivery, ecommerce, Nixu, mobile authentication

Walmart Canada and DLT Labs launch e-procurement DLT solution

18 Nov 2019 | E-invoicing, SCF & E-procurement

Walmart Canada and enterprise blockchain solutions provider DLT Labs have launched Walmart Canada's blockchain-based freight and payment network.

Walmart Canada, DLT Labs, freight and payment network, blockchain, e-procurement, B2B payments, supply chain finance, supply chain logistics, blockchain payments

Alibaba to invest USD 3.3 bln for equity raise in logistics

11 Nov 2019 | Ecommerce

Alibaba has announced it would invest an additional CNH 23.3 billion (about USD 3.33 billion) to raise its equity in Cainiao to 63% (from 51%).

Alibaba, logistics, Cainiao, invest, equity, financial round, shareholders, ecommerce

DBS launches solutions for logistics SMEs in Singapore

09 Oct 2019 | E-invoicing, SCF & E-procurement

Singapore-based DBS Bank has rolled out a digital solutions package for SMEs in the logistics sector, which will help them tackle regional expansion.

DBS, DBS Bank, Singapore, logistics, payments settlement, B2B payments, digital solutions package, SMEs,

JD.com raises USD 218 mln investment fund for logistics division

27 Jun 2019 | Ecommerce

JD.com’s logistics division has raised USD 218 million fund to invest in companies and technologies specialising in logistics.

JD, investment fund, JD.com, logistics, ecommerce, China

Alibaba joins hands with Yiwu to build a trading platform for SMEs

21 Jun 2019 | E-invoicing, SCF & E-procurement

Alibaba has signed an agreement with Yiwu in East China to focus on digitizing trade infrastructure and developing additional trade flows for the city.

Alibaba, Yiwu, East China, China, Asia, APAC, trading platform, trade finance, SME financing, digital trade infrastructure, trade flows, eWTP, smart logistics