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.
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.
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.
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.
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.
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.
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.
We identified three key strategies for retailers to meet — and exceed — shopper expectations going into peak season from BigCommerce’s 2023 Customer Experience Report: What Online Shoppers Want from Brands.