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Polish Investors Hopeful For eCommerce After Allegro IPO

PYMNTS

Executives at MCI Capital , the biggest publicly traded private equity firm in Poland, are optimistic that a recent record-breaking initial public offering (IPO) in the eCommerce space bodes well for the industry, Bloomberg reported. Online retailer Allegro.eu

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Nike Restructures Corporate Leadership In Digital Push

PYMNTS

Nike announced several changes to its senior leadership Wednesday (July 22) as it looks to accelerate digital business and simplify consumer experiences with its Consumer Direct Acceleration (CDA) strategy, according to a press release. “We

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Amazon’s Saudi Arabia eCommerce Site Debuts

PYMNTS

A conflict between Amazon CEO Jeff Bezos and Saudi Crown Prince Mohammed bin Salman didn’t derail the eCommerce giant’s launch of its new website in Saudi Arabia, Reuters reported. The website is a re-branding of Middle Eastern eCommerce site Souq.com , which was acquired by Amazon in 2017, PYMNTS reported.

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Veteran Exec Stresses Simplicity In New eCommerce Platform

PYMNTS

There's always a constant desire to try to make the baseline features easy for retailers to use, but not all of them are available through the implementations on your eCommerce platform,” Fabric CEO Faisal Masud told PYMNTS. Masud also held leadership roles at Groupon and eBay. And if one of those fails, you only have one.

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Walmart Amazon Whole Paycheck Tracker: Logistics Upgrades, New Leadership

PYMNTS

He said Amazon’s roughly 40 percent market share of eCommerce isn’t nearly as impressive as it sounds given that most retailers’ efforts are omnichannel these days. Earlier this year Jet.com — which has been functioning as a largely separate shop from Walmart — was folded into existing eCommerce operations. operations.

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Ex-Snap CSO Rivals Amazon With eCommerce Startup Verishop

PYMNTS

A former Snap executive is planning to take on Amazon with the launch of a new eCommerce platform. ” “When we talk to brands, many share our concerns about the current state of eCommerce,” said a blog post. million from investors, led by Lightspeed Ventures, to help fund our mission.” ”

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Today In Payments: Samsung Pay Launches Debit Card; Apple Introduces New eCommerce Portal

PYMNTS

In today’s top news, Samsung Pay is launching a debit card and a money management tool, and Apple has introduced a new ecommerce portal. Apple Introduces New eCommerce Portal With Upgraded UX. Bisignano brings more than 30 years of senior leadership experience, Fiserv said in the release.