Middle East and North Africa (MENA) payments and shopping app Tabby has launched in Egypt, saying its buy now, pay later (BNPL) option will serve the growing number of consumers in the country who are using eCommerce. Tabby works with many brands and offers consumers a “Split in 4” product that they can use both […]
Launched on Cleartrip’s API, Flipkart Hotels will benefit from Cleartrip’s deep understanding of travel customers and sectors, the company said.
Flipkart Hotels aims to provide customers options to book hotel rooms across 3 lakh domestic and international hotels. Apart from offering flexible travel and booking policies, Flipkart aims to offer easy EMI options as well. Launched on Cleartrip’s API, Flipkart Hotels will benefit from Cleartrip’s deep understanding of travel customers and sectors, the company said. […]
After Flipkart Flights, the ecommerce player ventures into hotel bookings business
Flipkart Hotels aims to provide customers options to book hotel rooms across 3 lakh domestic and international hotels. Apart from offering flexible travel and booking policies, Flipkart aims to offer easy EMI options as well. Launched on Cleartrip’s API, Flipkart Hotels will benefit from Cleartrip’s deep understanding of travel customers and sectors, the company said. […]
Why strong growth in Q2 total and ecommerce sales matters to distributors
Distributors seem to be coping quite well with major economic and ecommerce challenges ranging from supply chain disruption and a tight labor market to high inflation and the still ongoing COVID-19 pandemic. The year thus far has been a yo-yo for distributors wrestling with a business world that’s going through a sea change, from how […]
E-commerce firm Wayflyer bags $253mn debt financing from Credit Suisse
Wayflyer has secured a $200 million (plus $53 million mezzanine) debt financing facility from Credit Suisse. The venture, which earlier this year hit unicorn status as it announced a Series B funding round of $150 million , provides e-commerce businesses with a range of financing and analytics solutions. It says it will use the additional […]
WPP to buy European ecommerce consultancy Newcraft for undisclosed sum
WPP PLC (LSE:WPP) said it will buy European ecommerce consultancy Newcraft for an undisclosed sum. The Dutch-based company’s clients include airline KLM, Yakult, and the world-famous Rijksmuseum. The company, set up in 2007, calls itself a “bunch of nerds with a passion for everything that’s digital”. WPP said the acquisition will further strengthen its digital […]
WPP snaps up Dutch ecommerce firm Newcraft amid buoyant sales
The world’s biggest advertising group WPP has snapped up Dutch ecommerce consultancy Newcraft, as the powerhouse continues with its expansion push. The 155-strong business will join the Wunderman Thompson global network, bolstering out the firm’s presence in Northern Europe and digital commerce capabilities. “With consumer behaviours and use of new ecommerce channels continuing to change […]
Ecommerce brand Motatos lands €38 million to tackle growing food waste problem
2022-03-09 Matsmart öppnar i Örebro Foto:Magnus Sandberg Based in Stockholm and recently launched in the UK, Motatos is a startup taking on food waste through ecommerce. The Nordic team has just raised €38 million through a directed new share issue to existing shareholders. Food waste is a growing problem, but it’s also something that each […]
Reimagining Retail: Has ecommerce permanently accelerated, and what will drive its next phases of growth
On today’s episode, in our “Retail Me This, Retail Me That” segment, we discuss whether ecommerce actually accelerated 10 years in 10 weeks, what is happening by category, and the ceiling for the share of things Americans will buy online. Then, in our brand-new segment “Red-Hot Retail,” our analysts give us their very specific—and potentially […]
The eCommerce transaction value of BNPL is booming globally
BNPL lending was worth around a few billion U.S. dollars in 2019 but is estimated to increase by 1,200 percent by 2024, according to the report by Bigcommerce. Instead of paying with credit cards or other forms of financing, BNPL solutions allow shoppers to purchase products and pay in installments over time. It is common […]