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Why SMBs Need To Focus On Product Innovation And Adopt A Digital Business Model

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FastSpring provides a full-service eCommerce experience for sellers of digital goods, and we discovered that software sales have increased very meaningfully in this environment. If the increase in the sale of digital goods is lasting, which I believe it will be, failure to invest and innovate will likely result in falling behind.

eCommerce 135
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Walmart Beats The Street, Talks Up eCommerce

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For the third quarter in a row Walmart has beaten analysts’ predictions on revenue and marked same-store sales increases (a difficult magic trick in retail these days) — and in Q3 the company also had some more than solid growth in eCommerce lines and on the global scene. All in all, eCommerce sales added 0.5 percent to the U.S.

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Boosted Commerce Lands $87M, Buys Six Amazon FBA Firms

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As it aims to develop an online shopping portfolio, Boosted Commerce said it has notched $87 million in investment and has purchased six Amazon fulfillment (FBA) firms. We're leveraging the hard work these entrepreneurs have put into creating popular brands used by millions of people and taking them to the next level.".

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Paytm Hires Ex-Alibaba Exec To Ramp eCommerce Collaboration

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Indian payments startup Paytm has hired Alibaba’s head of wholesale business to steer its growth and build a stronger collaboration with the Chinese eCommerce giant. Paytm is in a similar space to Alibaba, so I can leverage my China experience.”. “The fuel for growth is similar.”. “The fuel for growth is similar.”.

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Visa: Real-Time Settlement, Online Marketplaces Help Put SMBs Back On The Road To Recovery

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But getting funds settled more quickly into their accounts can make all the difference in giving them the cash cushions they need to expand, weather economic shocks and even get their suppliers paid in a timely manner.

Sales 141
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Report: How The Pandemic Stirred An Appetite For Meal-Box Subscriptions

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The September Subscription Commerce Tracker ®: eCommerce Goods And Direct-To-Consumer Edition examines the rise of D2C consumer goods subscriptions and the factors that keep subscribers loyal. Some instead are now looking to host popups to gain brand awareness while avoiding major real estate investments.

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Flipkart Lands $2.5 Billion In Funding From SoftBank

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SoftBank, the technology investment firm, has invested $2.5 billion in a funding round for Flipkart, the India eCommerce shopping company, marking the largest private investment in the country’s consumer tech market. According to a news report in The Economic Times , with the $2.5