Koubei, an affiliate of Alibaba that enables local commerce, raised $1.1 billion in a round of financing in January. According to Alibaba, which announced the fundraising in conjunction with reporting earnings, Koubei generated RMB 73.1 billion ($10.5 billion) in payment volume transacted through Alipay during the December...
With physical retail taking a hit in so many areas from eCommerce, some brick-and-mortar businesses might be ignoring a simple but very important aspect of their operations: the presentation of their stores. Unlike online shopping, not “keeping up appearances” is a factor that — in...
Online commerce has made it a heck of a lot harder than it once was for brick-and-mortar retailers to compete on pricing for brand-name sales. That’s why more and more of them are shifting to private label, which allows for greater profit. Is that the...
How do you spell “offline marketing remains a viable method of reaching consumers despite the near-ubiquity of online commerce?” It’s P-A-R-B-U-N-K-E-L-L-S. A New York artist proved it, and she’s got the industry talking.
March 28, 2017
Snapcart, a startup helping to provide data regarding offline commerce in Southeast Asia, has raised $3 million in pre-Series A funding. According to TechCrunch, the company raised $1.7 million in early 2016, and this new funding should push it towards a Series A round before the end of this year. Snapcart gathers shopper and purchase data by giving […]
January 25, 2017
Koubei, an affiliate of Alibaba that enables local commerce, raised $1.1 billion in a round of financing in January. According to Alibaba, which announced the fundraising in conjunction with reporting earnings, Koubei...
