2015, ended yesterday, and today a new year has begun, it is time to look back at the year that passed and look back at some of the biggest news from the previous year. 2015 was a big year for many of the top ecommerce platforms, Shopify had a very successful IPO, Bigcommerce made many changes to their executive team, and mobile payment got more popular, these are just some of the things that happened in 2015, read on to see what else happened.
AdRoll, a provider of retargeting ad tech, is integrating with Shopify, a cloud-based, multichannel commerce platform. According to MAW in a comprehensive report Monday, this “makes it possible to provide e-commerce merchants an ability to retarget customers across devices, all within the Shopify platform.”
Bigcommerce, the leading commerce platform for fast-growing and mid-market brands, today announced Russell Klein has joined the company as senior vice president of corporate and business development. A heavyweight in the investment banking and entrepreneurial world, Klein will oversee key corporate and business initiatives at Bigcommerce, including strategic business development, mergers and acquisitions, investments, and other revenue-generating partnerships.
Happy Birthday Amazon! It’s been 20 years this month since its humble beginnings as an online bookstore. Now the world’s biggest internet retailer, it has presented an excellent opportunity for third party sellers to make a living. It’s no surprise that it’s popularity continues to rise with sellers, Web Retailer recently reported that 4 times as many people make a million in sales on Amazon compared to eBay. With $88,000 being spent every minute globally on the site, we thought it would be a good idea to share some tips and tricks to help you increase sales, starting today.
On a day that bad news gushed from Canada’s dominant resources sector, Shopify Inc. delivered stellar results – its first since going public in May – bolstering its standing as an emerging global software powerhouse and the brightest star of the recovering domestic tech industry. The Ottawa e-commerce platform company posted $44.9-million (U.S.) revenue in the quarter ended June 30, up 90 per cent year-over-year, and lost 3 cents a share. Analysts, on average, had expected the company to post $38.1-million in revenue and lose 9 cents a share.
Europe is seeing an interesting trend, more and more consumers are using their smartphones to make mobile payments. This according to a new report published by yStats.com, the report covers payment methods in Belarus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Hungary, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, Turkey and the United Kingdom.
Shopify Inc., which had one of the best-performing North American technology IPOs of the year, transformed itself through the process, says CFO Russ Jones. Six months after the dual listing on the TSX and NYSE, which was oversubscribed and raised $131 million, the Ottawa-based company has grown its merchant base to 200,000 with $1.9 billion worth of orders, boosted its profile and attracted senior talent.
Bigcommerce Holdings Inc. is expanding to a downtown office building. The Austin company announced Thursday plans to take the old Mass Relevance Inc. office at Brazos and Eighth streets in September. The office will provide space for up to 25 Bigcommerce engineers. Social media marketing company Mass Relevance merged with Spredfast Inc. in April 2014.
Isn’t WordPress primarily for blogs? What’s the point of going with a content management system that isn’t specifically built for ecommerce? Your search to find the ideal platform to launch your new online store is certainly important, considering you need an option that’s scalable, secure, customizable and user-friendly.
BigCommerce has announced its latest service and consulting partner, digital commerce agency Exceed. Bigcommerce executive Russell Griffin said his firm’s partners collectively represent hundreds of the world’s fastest-growing online retailers and work closely with clients to help them scale their online businesses. “Bigcommerce is focused on expanding our ecosystem in leading markets such as Australia, to provide the highest levels of support to meet the growing demands of the region’s most successful enterprise retailers,” Mr Griffin said. Read my full Bigcommerce review here.
Canadian e-commerce giant Shopify made its stock market debut in late May to great excitement, with an IPO of over a $1 billion, and the buzz has yet to wind down. However, market experts recommend approaching this opening with caution, drawing comparisons with the recent post-IPO drop in Etsy’s stock price as well as Etsy’s recent legal troubles. Even as Shopify continues to trade at $35 and above, an Etsy-style price drop could still be in the company’s future. Read my full Shopify review here.
TheCartPress, an ecommerce plug-in used on thousands of WordPress-based websites, has several high-risk vulnerabilities. There are currently no fixes available for the flaws and, according to its developer, support for the plug-in will be discontinued on June 1st. The vulnerabilities could allow attackers to “execute arbitrary PHP code, disclose sensitive data, and perform Cross-Site Scripting [XSS] attacks against users of WordPress installations with the vulnerable plug-in,” researchers from security firm High-Tech Bridge said in an advisory Wednesday.