e-commerce news

Amazon seek to invest in diverse business futures

Online retail giants Amazon have announced plans to contribute as much as US$150 million in venture capital funds to benefit entrepreneurs and businesspeople from underrepresented backgrounds, in a step the e-commerce powerhouse hopes will inspire others to invest in similar opportunities.

By |October 7, 2022|Categories: News|Tags: , , , |0 Comments

E-commerce delivered reality check by new figures

A new white paper from global delivery and logistics powerhouse FedEx has taken an in-depth look at the state of e-commerce in Australia and the Asia Pacific region, finding that growth opportunities for SMEs in e-commerce are high but Australia’s e-commerce market is nonetheless predicted to grow at a yearly rate less than that of the global average.

By |October 4, 2022|Categories: News|Tags: , , , , |0 Comments

ShopBack eye off growth in APAC following funding gains

Cashback rewards program ShopBack have announced the latest successful result as a part of their extended Series F funding round, as they eye off continued growth in the Asia Pacific region.

By |October 4, 2022|Categories: News|Tags: , , , , |0 Comments

Hummgroup appoint directors, seek to bounce back from dour FY22 results

Fintech company Hummgroup, which oversees Buy Now, Pay Later provider and platform Humm, has announced the appointment of two new non-executive independent directors to its boardroom.

By |September 30, 2022|Categories: News|Tags: , , , , , |0 Comments

eBay hit with ticket scalping penalties for NRL Grand Final in NSW

E-commerce giant eBay has been spectacularly handed new penalties in New South Wales, it has been announced today, with NSW Fair Trading fining the marketplace following NRL Grand Final tickets appearing on its platform - breaching state ticket scalping laws.

Not just ‘Optus’: The cybersecurity problems threatening Aussie retail

If you haven’t been living under a rock for the last week, it’s likely you’ve heard of the extraordinary data breach suffered by telecommunications giant Optus at the hands of an as-yet unknown hacker, with fears as many as 9.8 million current and former customers had their data compromised as a result of the hack.

By |September 28, 2022|Categories: News|Tags: , , , , , |0 Comments

Discovering e-commerce futures in the Metaverse

The metaverse is more than here to stay, it’s an e-commerce force in its own right for the future. That’s according to new research from fintech giant PayPal, who find that one in eight Australians are already in the metaverse and more than 50 percent of these are already buying, selling or trading there.

By |September 22, 2022|Categories: News|Tags: , , , , |0 Comments

Booktopia founder triggers board upheaval for struggling retailer

Fresh developments in the ongoing boardroom saga for online retailer Booktopia has seen four independent directors of online book retailer Booktopia depart their posts, resigning following founder and former CEO Tony Nash’s bold push to squeeze out some of the company’s directors.

By |September 21, 2022|Categories: News|Tags: , , , |0 Comments

Concrete Playground bets big on e-commerce travel trends

Digital media outfit Concrete Playground has bet big on the continued growth of the online travel market, partnering with travel tech providers TRAVLR to launch a new e-commerce platform offering travel and experience itineraries aimed at Gen Z and Millennial travellers.

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