PYMNTS

JUNE 26, 2020

eCommerce has grown about as much in the past few months as it has in the past 10 years. Iain McNicoll , VP of Americas/SMB for payments platform Payoneer , recently told PYMNTS that eCommerce’s market share has risen to 27 percent from just 16 percent when the pandemic began. We have nothing to benchmark it against.

Retail 127

Retail Benchmarking Finance eCommerce 127

PYMNTS

NOVEMBER 17, 2020

It’s largely a function of the COVID-era eCommerce explosion, and efforts to reduce fraud become more difficult during heavy buying periods like the year-end gifting holidays. Over 60 percent of banks say fraud volumes are rising, with over 40 percent reporting that average fraud hit value is going up.

Benchmarking 72

Benchmarking eCommerce Leverage Accounting 72

PYMNTS

OCTOBER 22, 2019

Adobe is rolling out new capabilities to its enterprise eCommerce platform Magento that are targeted to small to medium-size businesses (SMBs) and mid-market merchants, Adobe said in a press release on Monday (Oct. Adobe acquired Magento’s cloud-based eCommerce platform last year for $1.68 Commerce Cloud was launched by Adobe in March.

Benchmarking 40

Benchmarking Advertising eCommerce Sales 40

PYMNTS

MARCH 6, 2020

Reyes, global head of liquidity and cash management for HSBC , and Nadya Hijazi, the FI’s head of eCommerce for global payments and cash management and global trade and re­ceivables finance, explain how the next stage of banking APIs could lead the way to thwarting faster payments fraud. eCommerce May Save Fashion Week Events in 2020.

Treasury 52

Treasury Auditing eCommerce Cash Management 52

PYMNTS

APRIL 15, 2020

The retail sales figures are usually effective barometers by which retailers can benchmark inventory levels and predict future spend. Without stores open, and with eCommerce showing signs of growth that aren’t reflected in this report, the March figures are a mirror of declining overall retail spend.

Numbers 52

Numbers Sales Retail Benchmarking 52

PYMNTS

JUNE 10, 2020

Interestingly, the Goldman credit offerings will compete with Amazon’s own loans to its sellers, where the eCommerce giant loaned $1 billion to roughly 14,000 sellers last year. The Fed, after all, took its benchmark rate to essentially zero percent in March and signaled this week that it won’t raise that any time soon. percent or so.

Accounting 52

Accounting Benchmarking Compliance Banking 52

PYMNTS

JANUARY 15, 2021

Food and grocery B2B eCommerce technology firm Jumbotail, based in India, has secured $14.2 based Modern Treasury has announced a $38 million investment round led by Altimeter Capital, while existing investors Benchmark and Y Combinator also participated. Sequoia Capital India led the Series A investment, TechCrunch reported.

B2B 67

B2B Finance Treasury B2C 67

Future CFO

APRIL 12, 2023

The AC Ventures report also noted that the eCommerce boom has had the positive effect of expanding last-mile logistics into newer delivery service models to accommodate consumers' demand, including on-demand point-to-point delivery and relay delivery to traditional conventional delivery. "It

Finance 98

Finance CFO Benchmarking Data Analysis 98

PYMNTS

MARCH 27, 2017

The company has become a force in the eCommerce market, going after competitors with gusto. While the company hasn’t hit $1 billion in revenue yet, it has raised about $46 million in venture capital from backers including Benchmark Capital and Lightspeed Venture Partners. Customers only pay for what they keep.

Benchmarking 43

Benchmarking Valuation Startups eCommerce 43

PYMNTS

AUGUST 10, 2020

Psychologically, it’s a benchmark of economic health, even if it is divorced from reality. In short, it was to open a limited number of stores in major markets – Los Angeles, New York City and San Francisco – to sell high-end consigned apparel, jewelry and accessories, to complement its eCommerce focus.

Benchmarking 59

Benchmarking Retail Valuation eCommerce 59

PYMNTS

DECEMBER 20, 2019

Startups helping other businesses to manage their financing proved popular with investors, but it was a Vietnamese B2B eCommerce startup that took home the largest round. The Series A funding was led by Benchmark, the company said in a press release , though they did not elaborate on exact plans for the funds. Huckleberry.

Startups 52

Startups B2B Treasury Benchmarking 52

PYMNTS

FEBRUARY 7, 2020

By the end of last week, shares in the company were up 9 percent to $2,036, and benchmark analysts wrote a note called “Not-so-Subtle Reminder Amazon is Still King.”. Nice review – particularly because it also noted that the eCommerce company still has a “size and capacity advantage,” before upping Amazon’s price target to $2,400.

eCommerce 52

eCommerce Benchmarking Restructuring Credit Risk 52

PYMNTS

JANUARY 27, 2020

This emphasis on mobile order-ahead didn’t come out of left field, according to Domino’s VP of Global eCommerce and Digital Marketing Christopher Thomas-Moore. That lift comes by the vote of our customers and their reactions when they’re in our eCommerce environment.”.

Benchmarking 58

Benchmarking eCommerce Leverage Technology 58

PYMNTS

APRIL 12, 2018

Divey Gulati knows firsthand how challenging it can be for eCommerce merchants to fulfill and mail orders. After all, Gulati and a co-founder once had their own eCommerce business. “We We were in those shoes in 2013 [and] 2014 when we were running our own eCommerce store,” ShipBob Co-Founder Divey Gulati told PYMNTS in an interview.

eCommerce 42

eCommerce Benchmarking Construction Retail 42

PYMNTS

JUNE 22, 2020

Sotheby’s held only online jewelry auctions during the lockdowns, which “set new benchmarks” for such sales, the auction house said, per a report in a trade publication. Auction house Sotheby’s said it is set to resume Geneva’s live auctions of jewelry, which were suspended when the coronavirus pandemic hit.

Sales 54

Sales Concentration Benchmarking Planning 54

PYMNTS

NOVEMBER 24, 2020

meal delivery service, for $950 million, and could pay an additional $550 million if Freshly hits certain growth targets and benchmarks. Consumers are embracing eCommerce and eating at home like never before. CPG brand Nestlé announced that it has closed a deal to acquire Freshly , a U.S.

Benchmarking 85

Benchmarking Startups Forecasting Leverage 85

PYMNTS

MAY 10, 2017

Benchmarking against Amazon is going to become hard,” said Guru Hariharan, a former Amazon manager who now sells pricing software to retailers as chief executive of Mountain View, California-based Boomerang Commerce. It is an arms race,” said Keith Anderson, a senior vice president at eCommerce analytics firm Profitero, based in Ireland.

Benchmarking 40

Benchmarking Prioritization eCommerce Retail 40

PYMNTS

NOVEMBER 29, 2016

If breaking the $3 billion benchmark wasn’t indication enough, the International Council of Shopping Centers (ICSC) found that the data from this year’s Black Friday, as well as Thanksgiving, bode well for the remainder of the holiday shopping season. Good news, retailers! All in all, a whopping 57 percent of all adults in the U.S.

Sales 40

Sales Benchmarking Entertainment Retail 40

PYMNTS

JANUARY 19, 2017

Online footwear and apparel retailer outlet Zappos is one company that has experienced the challenges of implementing omnichannel strategies to its eCommerce model. Omnichannel, sans store.

Benchmarking 40

Benchmarking Auditing Manufacturing Retail 40

PYMNTS

AUGUST 21, 2020

percent over Q2 2019 and a 97 percent bounce in eCommerce. It’s also a benchmark by which retailers (or any other company) can measure their progress toward capturing the shift as it takes on permanent rather than trendy status in the retail industry. Not that Walmart’s earnings weren’t impressive in their own right.

Retail 72

Retail Benchmarking Sales eCommerce 72

PYMNTS

MAY 24, 2016

Retail earnings may have long been looked upon as a benchmark for measuring the growth of the economy but not anymore. The disconnect, The Wall Street Journal pointed out, stems from changing consumer behavior, which is fast heading outside the physical store for the convenience and speed of eCommerce.

Retail 41

Retail Math Benchmarking eCommerce 41

PYMNTS

NOVEMBER 10, 2016

WBR Digital and eTail just released a new benchmarking report on retail omnichannel adoption. The report is based on the responses of 98 executives from multiple sectors — specialty retail, stand apparel, high-end fashion and more — who are all leaders in either multichannel, pure-play, in-store only or other types of retail.

Retail 70

Retail Benchmarking Investments Sales 70

PYMNTS

FEBRUARY 1, 2017

The physical retailer is constrained by square footage, the hybrid retailer joining on an eCommerce platform less so, especially with the drop shipping. Wexler said that the largest players in the space, including Amazon, Alibaba and eBay, really dominate eCommerce.

Retail 44

Retail Manufacturing Benchmarking eCommerce 44

PYMNTS

MARCH 16, 2016

On the contrary, South Korean eCommerce and brick-and-mortar retailers seem to be stuck in much the same discounting death spiral as their American counterparts. percent in the country from July 2014 to July 2015, eCommerce sales alone increased 21.2 It’s tempting to think that U.S. While overall retail activity rose just 0.5

Retail 40

Retail eCommerce Benchmarking Sales 40

PYMNTS

JULY 21, 2017

Between 2015 to 2016, consumer expectations for multiple purchase options grew from 61 percent up to 74 percent according to Retail Systems Research’s 2016 Customer Experience/Unified Commerce Benchmark Survey. Those choosing to have big sales on the same day as the eCommerce giant’s Prime Day saw their sales increase by 17 percent.

Retail 54

Retail Benchmarking Advertising Sales 54

PYMNTS

MAY 13, 2019

The Commerce Cloud is a fully managed cloud-based version of the Magento platform that is fully integrated with benchmark Adobe tools like analytics, marketing and advertising. About two months ago, Adobe launched Commerce Cloud , which was an extension of its $1.68 billion acquisition of Magento in May of 2018.

Benchmarking 43

Benchmarking Advertising Accounting Sales 43

PYMNTS

NOVEMBER 1, 2019

Cyber Monday is expected to set a new benchmark as well, as the largest-growing online shopping day of the year. In releasing predictions for the holiday online shopping season, Adobe said total online spending will increase by 14.1 percent, which is a total of $143.7 billion, according to a release. It’s expected to see $9.4 and 11 p.m.

Sales 40

Sales Benchmarking Retail Technology 40

PYMNTS

JULY 22, 2020

Brands are finding that year-over-year growth is no longer the most reliable benchmarking metric when judging their current performance,” the white paper says. The most compelling issues concern data collection and usage, admitting that brands lack a comprehensive understanding of consumer behavior.

Retail 60

Retail Benchmarking Planning Marketing 60

PYMNTS

DECEMBER 6, 2019

Churn can also impact SaaS providers that offer access to cloud-based eCommerce, marketing, graphic design and other software services (such as Adobe Creative Cloud, FreshBooks and Mailchimp). . The rate is determined by dividing the number of customers churned during that period by the total number enrolled at the start of the period. .

B2C 52

B2C Benchmarking Accounting B2B 52

PYMNTS

OCTOBER 18, 2016

“It really is a shocking number,” said Gilbert, “and people who live and breathe the [prepaid] space, much like ourselves, find it fascinating because our system is designed from an eCommerce perspective to make sure that all sales are fulfilled.”. Then, There’s 82.

Retail 70

Retail Benchmarking Numbers Sales 70

PYMNTS

FEBRUARY 21, 2017

In eCommerce, speed matters even more. Bur Waldman said that Curbside’s data shows that when Curbside pickup is offered as an option, the benchmark conversion rates on desktop increases by 2x and mobile by 9x. In commerce, speed matters.

Retail 40

Retail Benchmarking eCommerce Numbers 40

PYMNTS

NOVEMBER 30, 2018

In addition to the new funding, Deskera announced the debut of its B2B eCommerce platform Desk, allowing small businesses to buy and sell online. Generation Investment Management led the investment, while existing backers 8VC, Benchmark and Founders Fund also participated. billion, according to a press release.

Startups 62

Startups B2B B2C Investments 62

PYMNTS

JANUARY 20, 2017

Currently, more than 18 merchants on the list of top 25 eCommerce companies operate physical stores. Online footwear and apparel retailer Zappos is one company that has experienced the challenges of implementing omnichannel strategies to its eCommerce model. Nonetheless, the choice to go digital-only is easy to comprehend.

Retail 43

Retail eCommerce Benchmarking Marketing 43

PYMNTS

AUGUST 24, 2017

Stemming from eCommerce’s increasing popularity, the notion of paying without physical cash has become synonymous with online payments. million, according to the joint study conducted by the Cambridge Centre for Alternative Financing and University of Cambridge, Global Cryptocurrency Benchmarking Study. million to 11.5

Currencies 46

Currencies Benchmarking Finance Retail 46

PYMNTS

AUGUST 16, 2016

Take, for example, online eCommerce pioneers, like Groupon or LivingSocial. If a competing retailer’s app gets better and resets the industry benchmark, your app looks poorer in comparison.”. ARC’s study analyzed 1.2 Done right, mobile apps enhance customer journeys,” according to ARC’s study.

Retail 40

Retail Benchmarking Sales eCommerce 40

PYMNTS

JUNE 15, 2018

Exotic Solutions offers eCommerce businesses its Skypods robots, using automation to transport products in warehouses to human operators. Reports in TechCrunch said the startup has just raised $17.7 million from Iris Capital, while existing backers 360 Capital Partners and Breega also participated.

B2B 40

B2B Startups Finance Investments 40

PYMNTS

AUGUST 5, 2016

Roughly two-fifths of Buenos Aires’ workforce is in the service industry, with about 8 percent in eCommerce, 8 percent in industrial products and 7 percent in IT. The city is known for its high-skilled-labor-to-low-cost ratio and highly educated workforce.

Startups 42

Startups Economics Education Benchmarking 42