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India ranks no. 1, 2, 3 in Ikea's priority market list for investment: Jesper Brodin, Global CEO, Ingka Group

CFO News

India is Ikea's top investment priority market due to its economic growth and development. The company plans to tap into the growing furniture market, expand its ecommerce services, and open more stores. Ikea is in dialogue with the Indian government to set quality standards for its products.

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Financing Gets Flexible As eCommerce Sellers Brace For Seasonality Whiplash

PYMNTS

And the surge in eCommerce isn't isolated to the B2C world, either: as social distancing requirements and shutdowns migrate corporate buyers online, wholesalers, distributors and other B2B vendors are likely to face a similar holiday boon this year to fulfill rising customer demand. Small Business, Big Challenges.

eCommerce 142
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Mastercard: Global Economic Outlook Depends On Multi-Speed Recovery

PYMNTS

The pandemic was the common element in every economic look back or for that matter, any look forward. As seen in the Mastercard Economic Institute’s Economy 2021 report, both governments and businesses have faced a tough and transformative year. Dwyer calls the near-term economic outlook “challenging.” Focusing on the U.S.,

Economics 106
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Investors Cap Off 2020 With An Eye On B2B eCommerce, SMB Banking

PYMNTS

Highlighting the increasing interest in this startup space is this week's B2B venture capital roundup, which recaps the final two weeks of 2020 in B2B FinTech investments. There were several notable rounds, including high-value deals for supply chain management, B2B eCommerce and small business banking. million investment, Tech.eu

B2B 84
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B2B eCommerce, Business Banking Tech Open VC Wallets

PYMNTS

India and Brazil, with focuses ranging from business banking technology to food and grocery B2B eCommerce. PYMNTS rounds up the latest investments below. million in Series A funding, The Economic Times of India said this week. Also based in India is Jumbotail , a B2B eCommerce platform focused on the food and grocery arena.

B2B 64
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Visa Launches Online Resource Hubs To Power SMB Economic Recovery

PYMNTS

The company also said it formed the Visa Economic Empowerment Institute, focused on economic and social issues that stretch beyond the pandemic’s challenges and include closing racial and gender opportunity gaps. Initial projects will focus on post-crisis recovery and resilience and will also provide insights into the gig economy.

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The Dark Side Of India’s New eCommerce Rules

PYMNTS

And so, nationalism comes full force to eCommerce, focused on the United States and India, offering another drama, another stage, another possible battle over trade. As has happened so far, India’s government said late last year that new eCommerce regulations would become the law of the land – at the end of this week, on Feb.