ecommerce

After four years operating primarily as a logistics marketplace, Egypt’s Voo has rebranded to SideUp and transformed its strategy to offer a complete spectrum of e-commerce support services, including payment gateways, API integration for shipping, warehousing, fulfillment, and advisory. The startup has also expanded to Saudi Arabia, where it will be headquartered henceforth, after raising $1.2 million seed funding. This latest round had the participation of Launch Africa VC, 500 Global, Riyadh…

MirrAR: Energizing the ‘Virtual and Augmented Lead’ in the Retail and e-Commerce Industry by Market Trends December 1, 2022 MirrAR is a web-based Augmented Reality and Metaverse Technology platform that helps customers to try products before they buy. The company is transforming the digital customer experience by offering Virtual Try-On, Spatial Augmented Reality, and Metaverse commerce solution that offers never-before first-of-its-kind immersive customer experiences, resulting in increased customer engagement time…

by Market Trends November 28, 2022 Staying competitive in the ecommerce landscape requires agility and flexibility to pivot business strategies and adjust to changing consumer preferences and economic conditions.Alternative data from websites, desktop/mobile applications, and other online sources gives managers the critical information they need to make effective decisions. While once confined to investors, ecommerce businesses are also adopting alternative data to refine their marketing strategies, improve product…

US retailers experienced what appears to be a muted Black Friday as high inflation and sagging consumer sentiment erode Americans’ demand for material goods. US retailers experienced what appears to be a muted Black Friday as high inflation and sagging consumer sentiment erode Americans' demand for material goods.Bloomberg News will be following the latest developments as information becomes available throughout the day. All time stamps reflect the US East Coast. Adobe Analytics Boosts End-of-Day Sales Estimate (7…

Analysts and e-commerce leaders have been predicting a muted online holiday shopping season this year, with sales in the first three weeks of November essentially flat over a year ago due to a weaker economy, inflation, and more people returning to shopping in stores again in the wake of the Covid-19 pandemic. But on the face of it, the Thanksgiving long weekend appears to be more buoyant than expected — albeit growth has definitely slowed down this year after the pandemic-period boom. Black Friday broke $9 billion…

India launched a crack down on Monday against fake reviews and unverified ratings in a bid to make online interaction and e-commerce more authentic and less misleading for users.The government has drafted a framework for companies ranging from Alphabet's Google, Meta Platform's Facebook and Instagram, Amazon.com, as well as travel sites or food delivery apps which depend on consumer reviews to validate products and services. Positive reviews help generate sales and interest from potential buyers.Some companies have been…

The COVID-19 pandemic was many things. Global contagion. Health catastrophe. Herald of new geopolitical tensions and a long-running commentary on how far we’re willing to go to protect — or not — our fellow humans. It was also a business earthquake that shook up most industries around the world. But as quickly as COVID came on the scene, breaking supply lines and business models, it also faded. In the wake of most of the world learning to live with — or merely deciding to endure — the health impacts of the pandemic,…

Getty Images/iStockphoto59 suspected scammers have been arrested as part of a major international crackdown against credit card fraud. The month-long operation took place in October and saw 19 countries involved in targeting criminal networks that were using stolen credit card information to order high-value goods from online shops. Law enforcement raided locations where goods bought using stolen credit card details had been delivered, arresting the suspects and confiscating the fraudulently acquired items, according…

In addition to its most recent shopping features, TikTok has just launched TikTok Shop, where users can now make purchases directly through the app. Availability. TikTok officially began testing in the U.S. this week. It was previously only available in the UK and seven countries in Southeast Asia. Invite only. TikTok is currently inviting select U.S. businesses to participate in the initiative. That means live streamers from places where the feature is not live will need to…

China’s largest annual shopping festival showed lackluster growth in one of its weakest performances since the e-commerce giant Alibaba Group Holding Ltd. launched it in 2009, a fresh sign of depressed consumer sentiment under the country’s stringent Covid-19 policy.Alibaba on Friday didn’t disclose exact sales figures for the first time since it started its signature event, known as Singles Day, saying the results were in line with last year’s turnout. Alibaba reaped $84.5 billion in the…