RetailTechNews rounds up some of the biggest stories in the European retail technology space. In this week’s edition: Zalando Partners with Zabka for New Delivery Option in Poland; eBay Experiments with Offline Access; and Survey: 26% of Brits Shop Online Every Week.Zalando Partners with Zabka for New Delivery Option in Poland
Customers of German fashion and footwear retailer Zalando in Poland may soon get a new delivery option. According to news reports, the German company has partnered with Polish food retail [...]
RetailTechNews’ weekly roundup brings you up-to-date research findings from around the world. In this week’s edition: UK Mobile Purchase Growth Rates Surge; Consumers Will Punish Businesses that Fail to Safeguard Data; and U.S. Tops Data-Protection Rankings.UK Mobile Purchase Growth Rates Surge
Q1 2018 saw a 66% increase in smartphone purchase growth rate compared to Q4 2017, according to stats from Criteo’s Q1 Global Commerce Review. This highlights the increasing speed at which shoppers are adopting mobile as their primary [...]
While blockchain is not new, it’s a technology that’s starting to make waves in the retail space and is increasingly one retailers can’t ignore. In this piece for RetailTechNews, James Pruden (pictured below), studio director, Xigen, explains that, while blockchain made its name in powering cryptocurrencies, it can offer so much more in helping retailers to drive loyalty and deliver personalised experiences to customers.
However, it’s in cryptocurrency where blockchain offers immediate stand-out opportunities for retailers.Why cryptocurrency must [...]
This week, two of Singapore’s online marketplaces, Carousell and Carro, have secured funds totalling USD$145m (£106.82m), while Alibaba says it has acquired South Asian e-commerce platform, Daraz.
Classifieds site Carousell snagged USD$85m (£62.62m) in its Series C funding, which also saw the addition of DBS Bank as a new investor and retail partner. Co-led by Rakuten Ventures and EDBI, the latest round was once again joined by existing investors 500 Startups, Golden Gate Ventures, and Sequoia India.
The new funds will be [...]
Today’s tech-savvy consumers are on the move; and if you want your brand to succeed, you need to keep moving with them. In this piece for RetailTechNews, Smriti Kataria, director for research and marketing, Near, explains how retailers and brands need to be optimising their data strategy to win the evolving consumer.
It makes no difference whether you have an offline or online presence, or both, you need to provide easy access to your products. With e-commerce on the rise, and [...]
RetailTechNews rounds up some of the biggest stories in the European retail technology space. In this week’s edition: Walmart Snaps up Flipkart; Early Easter Responsible for UK Retail Sales Slump in April; H&M Turns to AI for Predictions & Customisation; and Smartphone Shopping Has Become Mainstream.Walmart Snaps up Flipkart
Bitter defeat for Amazon: U.S. retail chain Walmart has outpaced the online retail giant in the battle for Indian online retailer Flipkart. According to news reports, Walmart will acquire [...]
This week, China’s two largest online retail operators have posted higher quarterly revenues and attributed the growth to efforts in driving their respective offline-online commerce strategy.
Alibaba said its revenue climbed 61% in the quarter ended 31 March, 2018, hitting ¥61.9bn (£7.18bn), while profits clocked ¥16.8bn (£1.95bn). Its core commerce business grew 62% from the previous year to generate ¥51.3bn (£5.95bn) in revenue.
The Chinese e-commerce giant reported a further increase of 37 million in its mobile monthly active users to [...]
RetailTechNews’ weekly roundup brings you up-to-date research findings from around the world. In this week’s edition: UK Consumers to Trigger Data Privacy Requests; Multi-Device Shoppers Spend More; and UK Consumers Believe AR Influences Purchasing.UK Consumers to Trigger Data Privacy Requests
Many organisations will be inundated with requests for personal information from UK consumers, finds a study by Veritas Technologies. Two-in-five (40%) are already planning to take advantage of their data privacy rights within six months of the new General [...]
RetailTechNews’ weekly Amazon Watch brings you some of the company’s biggest moves from the past seven days, analysing how the giant is revolutionising the retail space. In this week’s edition: Amazon Taking More of Retailers’ Budgets; Walmart vs Amazon in India; and Amazon Could Lead U.S. Apparel Retail by the End of This Year.Amazon Taking More of Retailers’ Budgets
Retail brands will invest 55% more in online marketing and advertising by 2023, but fewer dollars will go toward traditional [...]
In this piece for RetailTechNews, Ruth Manielevitch (pictured below), director of business development, Taptica, outlines the keys to keeping mobile app users engaged. There are literally billions of smartphone users. There are an estimated seven billion people occupying the planet now, and by 2019 it’s expected that 2.5 billion people will own mobiles with access to the internet. That’s nearly 36% of the whole world.
Of the amount of time these billions of people spend on their handy personal devices, apps [...]