The use of mobile device for online shopping in China is growing exponentially. Since an overwhelming majority of China’s internet users now regularly access the internet via mobile phones.
The web-only retailer Wayfair and Mattress Firm are cooperating to offer mattresses and box springs on Wayfair. The partnership enables same-day delivery and world class advice for their customers, as well as an enhanced shopping experience.
Luxury retailers increasingly sell online and have started to find out the threats of it. Owners of high-end brands turn to technology to track and knock out links to sites selling counterfeit goods.
For its drone delivery service the e-commerce behemoth wants to reserve a special piece of the sky. Moreover it launched a specialized storefront called Launchpad within its website that showcases startup products.
Alibaba is investing $1 billion in the next three years into its Aliyun cloud computing arm and launches an English version of it this year. Thereby it challenges Amazon’s lucrative Web Services division.
The e-commerce market has started a trend of aquihiring, which basically means acquiring a firm for its cutting-edge technology & hiring its employees for their expertise. Especially Indian e-commerce firms have been keen on aquihiring in recent times.
Facebook has huge potential to become an important e-commerce player, since it has the financial resources, knowledge of consumerism patterns and a very large user base.
eBay is making significant changes in its business as it announced today that it will close its delivery service eBay Now, as well as a number of standalone mobile applications, including eBay Valet, eBay Fashion and eBay Motors.