The week is coming to an end, and what a week it has been in the ecommerce industry. Shopify has partnered with MartMobi in order to increase their presence in India. Volusion has managed to raise $35M. Read on to see what else has happened during this past week.
Australian ecommerce startup Bigcommerce, our second most popular ecommerce platform, raised more than $50 million in a round led by SoftBank. You might want to read my Bigcommerce review 2014 as well.
What makes Chinese consumers becoming the world’s No.1 in ecommerce is that China’s massive online and mobile Internet user are buying everything at staggering rates. Who are the major group of people making ecommerce such popular and even now become the mainstream of Chinese business model in China. The answer is people who born after year 1985. We call them as the post-80s.
Stripe raised $70 million in funding this week according to the Financial Times, which said the company is now valued at $3.5 billion. It follows an $80m fundraising in January that valued the company at $1.75bn and will help with expanding into more countries and new areas of online commerce.
With Black Friday and Cyber Monday quickly approaching, all eyes turn to ecommerce and the ability for consumers to buy things on whatever device they have, wherever they are. But how different will the ecommerce experience be this year compared to previous years, and are small businesses ready for it? Brennan Loh, head of business development for Shopify (my 2014 Shopify review), helps us understand the impact mobile and social is having on ecommerce from a small business perspective, and how focusing on customer engagement over individual transactions is the key to long-term success.
Ecommerce is poised to dominate African retail markets over the next five years, says the Africa CEO of Kaymu.com, one of the more successful online commerce sites in the region.
With recent algorithm changes, links have taken on even greater importance to the online health of a website. Learn how to find the links that benefit your website and discard the old, damaging “link building” habits. Search engines are a critical marketing component for ecommerce websites and a large percentage of your store’s daily visitors undoubtedly arrive via organic (aka natural or unpaid) search results.
Bigcommerce has enlisted a former Twitter executive for its board of advisers.The Austin-based software maker disclosed that Chris Fry, former head of engineering at both Twitter and Salesforce.com, plans to work with Bigcommerce's product and development teams to speed the company's growth, according to a company announcement.
Hyderabad-based MartMobi Technologies Inc., which provides an m-commerce platform for ecommerce sites, brands as well as retailers, has partnered with Shopify, to enable Indian merchants to have an instant mobile presence.
Ecommerce activity continues to grow at a rapid clip — and software maker Volusion (#3 in our top 10 ecommerce platforms chart) wants a piece of the action. The Austin, Texas-based company, which operates a platform for merchants that want to create online stores, has raised $35 million in debt financing from Silicon Valley Bank. Read my most recent review here.