startups Our ancestral tendencies are still ingrained in our shopping habits today While ‘hunters’ want to be immediately connected to the item they want, ‘gatherers’ –casual browsers– are more open to discovering a range of products along the way. Category finders will head to a specific category page, but they are open to view a […]
Vroom Announces Record Ecommerce Gross Profit Per Unit of $3,629
Substantial Progress on Long-Term Roadmap NEW YORK, August 08, 2022 –( BUSINESS WIRE )–Vroom, Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced financial results for the second quarter ended June 30, 2022. HIGHLIGHTS OF SECOND QUARTER 2022 VERSUS FIRST QUARTER 2022 Ecommerce gross profit per unit of $3,629, up […]
Reliance Industries’ brand new eCommerce platform JioMarket likely before festive season: Report
Mumbai: With the launch of its separate platform JioMarket nearing, Reliance Industries (RIL) has started inducting independent sellers and Direct to Customer (D2C) brands, media reports said. RIL is looking to kick-start the operations soon to take advantage of the festive buying, said an Economic Times report citing sources. There wouldn’t be any change in […]
Alcohol Beverage Trends Favor ‘Better For You,’ Ecommerce
“Better for you” and ecommerce are two of the top trends in beer, wine and spirits. The better-for-you movement is a reflection of consumers increasingly choosing non-alcohol beverages—including water and energy/sports drinks, according to a mid-year alcohol update from IRI. “Given the innovation that we’ve seen in those segments with dual-flavor options, bolder and more […]
Alcohol Beverage Trends Favor ‘Better For You,’ Ecommerce
“Better for you” and ecommerce are two of the top trends in beer, wine and spirits. The better-for-you movement is a reflection of consumers increasingly choosing non-alcohol beverages—including water and energy/sports drinks, according to a mid-year alcohol update from IRI. “Given the innovation that we’ve seen in those segments with dual-flavor options, bolder and more […]
Vibhu Agarwal enters eCommerce space with the launch of Ullu 99
Vibhu Agarwal, Founder & CEO of Ullu App, Atrangii TV And App who gained popularity for his Hindi GEC Atrangii TV, has now launched an e-commerce platform, ULLU 99. It includes all categories and brands, with an initial line of products like apparel, footwear, accessories, health and hygiene with a ship-and-drop module. Ullu 99 is […]
New study reveals the world’s most popular eCommerce sites
A new study by broadband experts at Uswitch has revealed the world’s most popular news and shopping websites. Analysing data from the last three months on the market intelligence platform, SimilarWeb Pro, the research reveals which news and shopping websites receive the most traffic globally, and also which ones are the most visited in different […]
Wayfair Customer Numbers, Deliveries Fall Sharply
Home goods eCommerce marketplace Wayfair lost about 25% of its customers in the past year and saw its deliveries drop almost 30% in the second quarter compared to the same time a year earlier, a reflection that people are thinking twice about home-based updates. According to a company earnings release Thursday (Aug. 4), Wayfair’s active […]
eBay Drive Disability Awareness Agenda in eCommerce As Purple Tuesday Global Partner
eBay has been announced as the Global Headline Partner for Purple Tuesday, a social movement and change program initiative working to improve the customer experience for disabled people and their families 365 days a year. Purple Tuesday, founded and coordinated by renowned disability organization, Purple, will work in partnership with eBay, for the third year […]
The Data Point: 34% of Connected Consumers Demand Same-Day Pickup and Delivery
At a time of nosebleed price increases and product shortages, consumers will take certainty wherever they can get it, and for over one-third that means same-day pickup and delivery. In July’s “ ConnectedEconomy™ Monthly Report: The Rise Of The Smart Home ,” based on surveys of nearly 2,700 U.S. consumers, we discovered that standard wait […]