Articles with tag: social commerce

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The warp speed of mcommerce and social commerce adoption during the COVID-19 crisis

09 Oct 2020 | Ecommerce

Grégoire Toussaint and Sophie Rassendirane, on behalf of Edgar, Dunn & Company, provide insights into the adoption of social commerce and mcommerce in times of crisis

Grégoire Toussaint, Sophie Rassendirane, Edgar, Dunn & Company, social commerce, mcommerce, payment methods, Alipay, Facebook, mobile wallets, merchants

Groceries and electronics to drive online retail rebound for APAC

23 Sep 2020 | Ecommerce

A new forecast by Forrester has predicted that online retail sales will grow from USD 1.5 trillion in 2019 to USD 2.5 trillion in 2024, with a compound annual growth rate (CAGR) of 11.3%.

Forrester, forecast, APAC, Asia, social commerce, research, online retail, retailers

DHgate introduces MyyShop for building a decentralised ecosystem

21 Sep 2020 | E-invoicing, SCF & E-procurement

China-based B2B cross-border ecommerce marketplace DHgate has launched MyyShop, a new Software-as-a-Service (SaaS) product for decentralised cross-border ecommerce.

DHgate, MyyShop, ecosystem, decentralisation, China, B2B, cross-border, ecommerce, marketplace, SaaS, cross-border ecommerce, pandemic, international trade, local economy, SMEs, global trade, consumer-centric ecosystem, ecommerce infrastructure, Facebook, Instagram, WhatsApp, TikTok, online store, dropship, traffic monetisers, social commerce influencers

Facebook launches app to boost SMEs social commerce engagement

18 Sep 2020 | Ecommerce

Facebook has announced it will be launching Facebook Business Suite, allowing SMEs to interact with consumers, manage and receive messages, notifications and alerts in one place.

Facebook Business Suite, Facebook Shops, Facebook, ecommerce, SME, small business, social commerce, direct-to-consumer

39 percent of global consumers purchased from new brands during quarantine

04 Sep 2020 | Ecommerce

Bazaarvoice has revealed that 39% of consumers globally purchased from new brands during the COVID-19 quarantine.

Bazaarvoice, report, COVID-19, purchasing behaviour, shopping methods, ecommerce, Behavior that Sticks, shopping habits, UK, US, Canada, France, Germany, Australia, social commerce, subscription services, social commerce

Chinese video sharing platform Kuaishou continues investing in livestreaming ecommerce

02 Sep 2020 | Ecommerce

China-based video-sharing platform Kuaishou has announced it will launch an “incubation plan” to boost its ecommerce business.

Kuaishou, video sharing platform, partnership, China, ecommerce, social commerce, Asia, APAC, Sichuan province

Kuaishou and partner for livestream ecommerce

29 May 2020 | Ecommerce

Video app Kuaishou and have teamed up advance consumers a new way of buying via livestreaming., Kuaishou, livestream ecommerce, social commerce

Pinterest adds new shopping tools

08 Apr 2020 | Ecommerce

Pinterest has added several refinements to make it easier to shop from Pins, which also works to assist impacted SMBs  looking for an option to replace physical shopfronts.

Pinterest, social commerce, retail

MPE 2020 flashbacks – setting the tone of the payments industry

03 Mar 2020 | Payments General

The Paypers attended the 2020 edition of Merchant Payments Ecosystem in Berlin, and grasped the opportunity of charting the key trends of the payments industry for this year

MPE, merchants, PSD2, event, ecommerce, social commerce, super apps

Digital wallets to represent half of global ecommerce sales by 2023 – FIS study

02 Mar 2020 | Ecommerce

US-based fintech FIS has released its Worldpay from FIS 2020 Global Payments Report, predicting digital wallets to represent half of global ecommerce sales by 2023.

FIS, The Worldpay 2020 Global Payments Report, Australia, Brazil, France, Japan, the Netherlands, the United Kingdom, the United States, Europe-Middle East-Africa, ewallet, ecommerce, digital commerce, BNPL, social commerce, global ecommerce, mobile wallet

Simsim secures USD 16 mln for its social commerce in India

14 Feb 2020 | Ecommerce

Simsim, an India-based social commerce startup, has announced raising USD 16 million, seven months after its launch.

Simsim, startup, social commerce, India, app, financing rounds

Paytm launches social commerce feature

14 Feb 2020 | Ecommerce

Paytm has entered the social commerce space with a new feature called MyStore, an online marketplace that connects sellers and consumers with social media platforms.

Paytm, social commerce

Teespring partners Instagram

05 Nov 2019 | Ecommerce

Ecommerce platform Teespring has partnered Instagram, allows creators and celebrities to sell customised products via the Facebook-owned social network.

ecommerce, Teespring, Instagram, social commerce

CityMall raises funding from Alvin Tse of Xiaomi, M&S Partners and more

04 Oct 2019 | Ecommerce

CityMall, a social ecommerce platform that sells lifestyle and curated products via peer-to-peer referrals on WhatsApp, has raised funding from a clutch of angel investors.

CityMall, funding, social commerce

Scammers far more likely to succeed by using social media, study finds

01 Oct 2019 | Digital Identity, Security & Online Fraud

A new study of consumer behaviour toward fraudulent schemes has found that scammers are far more likely to succeed by using websites and social media.

report, survey, social commerce, fraud, security

Alibaba, Mail.Ru, MegaFon, RDIF to invest USD 400 mln in Russian commerce venture

06 Jun 2019 | Ecommerce

Alibaba, Mail.Ru Group, MegaFon, and sovereign fund Russian Direct Investment Fund (RDIF) have announced they received approval for their social commerce joint venture.

Alibaba, Mail.Ru, MegaFon, RDIF, Russia, social commerce, ecommerce

India-based startup Meesho raises USD 50 mln

07 Nov 2018 | Ecommerce

Meesho, an India-based social commerce startup, has closed a USD 50 million investment to grow its business across its homeland.

Meesho, India, social commerce, startup, investment, social media, Whatsapp, ecommerce