E-Commerce

How to Use Event Marketing to Generate Leads & Close Sales

Want to hear a secret? Having an online store doesn’t mean that you have to limit yourself to marketing your brand online. For the longest time, the story of e-commerce has been one of online versus offline, physical versus digital, brick-and-mortar businesses against the rising tide of online businesses. Although it’s true that more and more …

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How to Set Up Your E-commerce Product Page for Maximum Conversions

E-commerce is booming at a staggering pace: In 2017, it generated over $2.3 trillion in sales, which is expected to nearly double to $4.5 trillion by 2021. And by 2040, nearly 95% of all purchases are expected to be via e-commerce. But tapping into this multi-trillion dollar industry isn’t easy. As an emerging e-commerce entrepreneur, …

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Comparison of the Top 6 E-commerce Platforms

A report from Business Insider shows that e-commerce is growing almost five times faster than in-store sales. This has attracted the attention of China and the US – the world’s largest economies – and others are following suit. So it’s not surprising that 95% of purchases are expected to take place on the web by 2040. …

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Syte’s AI-powered image recognition tech raises $21.5m to fund expansion

Syte has developed image recognition technology to help retailers stay competitive in the ‘fast-evolving’ e-commerce industry. On Monday (9 September), Tel Aviv-based Syte announced that it has raised $21.5m in its Series B funding round. The start-up, which has raised more than $30m to date, said the round was led by Viola Ventures, with investment from Storm …

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Alibaba acquires competitor Kaola from NetEase in $2bn deal

Alibaba is acquiring Kaola and integrating it into Tmall, creating the largest cross-border e-commerce platform in China. On Thursday (5 September), Alibaba announced its intention to acquire NetEase’s import e-commerce platform Kaola for approximately $2bn. Both Alibaba and Kaola have significant operations in Hangzhou, the capital of China’s Zhejiang province. The transaction will pave the …

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Alibaba acquires NetEase Kaola in deal worth $2 billion – TechCrunch

Alibaba Group has acquired NetEase Kaola for $2 billion, the two companies said today, and will integrate it into Tmall, creating the largest cross-border e-commerce platform in China. The announcement follows weeks of media reports about a potential deal, which was said to have stalled in the middle of August after the companies reportedly disagreed …

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