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Archive for the ‘Ecommerce Articles’ Category

Know your startup’s value so you can communicate it to investors

Understanding whether you’re creating or destroying value is the first step in communicating to investors why your company is worth their money. ...

Product Image Labeler for OpenCart: Create Label for Product Image on eStore

Opencart Product Image Labeler extension helps to display different kinds of Ribbon and Badge on top of product images, on the product details page. Ribbon like NEW, LATEST, DISCOUNT, EXCLUSIVE, SALE, etc can be shown in different designs like Corner Ribbon, Normal Ribbon, Normal Badge, and Circle Badge. The best part is that our extension ...

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Pan-African e-tailer Jumia grows 3Q revenue, e-payments and losses

Pan-African e-commerce startup Jumia released its third-quarter financial results today. The numbers and presentation reflected some of the same past trends, with a dash of new, and nary a mention of a declining share price. The results Jumia — with online goods and service verticals in 14 countries — posted third-quarter revenue growth of 19% ...

OLX Group invests up to $400M in used car marketplace Frontier Car Group at $700M valuation

Frontier Car Group, the Berlin-based startup building used-car marketplaces targeting high-growth, emerging markets, has picked up another significant round of funding from a strategic backer also focusing on the same geographical opportunity. Today, OLX, the online classifieds division Prosus (the digital division of Naspers that listed earlier this year in Europe) announced that it would ...

Top web development trends for business growth in 2020

In order to engage and ensure higher sales, most companies prefer to remain up-to-date with the latest trends in the web domain. These website development trends provide an opportunity to reach a wider audience pool for increased business outreach, and higher generation of sales of products & services. There are some exciting new website development ...

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Alibaba to invest $3.3B to bump its stake in logistics unit Cainiao

Alibaba is doubling down on its logistics affiliate Cainiao, two years after acquiring a majority stake in the firm. The Chinese giant said today it would invest an additional 23.3 billion yuan (about $3.33 billion) to raise its equity in Cainiao to 63% from 51%. In a statement, Alibaba said it will subscribe newly issued ...

Wardrobe picks up $1.5 million for a new fashion rental marketplace

Wardrobe, a new peer-to-peer fashion rental marketplace, has today announced the close of a $1.5 million seed round and its public launch out of beta. The funding was led by angel investor Cyan Banister and Ludlow Ventures, with participation from GroundUp Ventures, Airbnb cofounder Nate Blecharczyk and HQ Trivia founder Rus Yusupov, among others. Wardrobe ...

Uber is entering the ads business

Uber will become an ad platform, selling space inside its Eats app to restaurants hoping to lure in more food delivery orders. A recent Uber job listing spotted by TechCrunch seeks an Uber Eats Ads Lead “to lead the team and efforts responsible for creating a new ads business that enables eaters to discover new ...

Shopify expands into email marketing

Shopify continues to expand beyond its core e-commerce platform with a new product called Shopify Email. Shopify’s chief product officer Craig Miller and director of product for marketing technology Michael Perry gave me a quick demo of the product yesterday; Miller argued that they’ve created “the first email product designed for e-commerce.” That means it’s ...

Amazon now sells movie tickets in India

Amazon has set its eye on the next business it wants to disrupt in its key overseas market India: online movie tickets. The e-commerce giant said Saturday it has partnered with online movie ticketing giant BookMyShow to offer booking option on its shopping site and app. The move comes months after the e-commerce giant began ...