e-commerce

Russian venture capital market growth shows halting of rapid growth from five years ago

Based on four reports from PwC, RMG, Fastlane Ventures and East-West Digital News, the rapid growth of the Russian venture capital market has stopped, East-West Digital News reported.

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UK-based Powa Technologies launches e-commerce app PowaTag

Powa Technologies Ltd has rolled out PowaTag, its e-commerce application that helps retailers and brands to reach their target customers and encourage them to buy their products, TechCrunch reported.

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Gap Inc plans to strengthen online campaigns to build brand in China

As they open their first Old Navy store in China, Gap Inc will be increasing its efforts to promote their brand online so it can capitalize on the country's fast-growing e-commerce sector, Reuters reported.

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Despite poor infrastructure and payment systems, e-commerce becomes more vibrant in Indonesia

Limiting conditions like poor infrastructure and the lack of convenient payment systems have not prevented the e-commerce industry from burgeoning in Indonesia, the Financial Times reported.

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Open source e-commerce platform Sellvana nabs $5M in seed round

Sellvana, an open source e-commerce software developer based in Portland, Oregon, has received $5 million for its seed funding round from unnamed New York investors, VentureBeat reported.

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India's online retail space gets renewed interest from investors

Private equity and venture capital investors are exhibiting renewed interest in India's online retail space, a segment considered as an investment bubbly early last year, Mumbai-based online website dna reported.

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Shift from physical to digital retail happening faster than expected -Andreessen Horowitz

Jeff Jordan, a partner at Andreessen Horowitz, says the structural shift from physical to digital retail is happening more quickly than what he had previously imagined.

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Rocket Internet-backed Zalora and The Iconic nabs USD112 million in funding

German startup accelerator Rocket Internet raised USD112 million in new funding for online fashion retailers Zalora and The Iconic, making it the biggest single investment made for an e-commerce company in the Asian Pacific region.

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TJ Maxx, Off Fifth to open online stores this year

TJ Maxx and its rival Off Fifth planned to launch an online store this year that was expected to boost the sales of the business.

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H&M launches its online store, finally

H&M finally launched its online store after its 13-year stay in the country.

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WineDirect-Vin65 and VinTank merges to combine social media and commerce

WineDirect and Vintank would merge to increase revenues through social media and commerce.

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Former HSN CEO Mark Bozek Launches Interactive E-commerce Venture EVINE.com

Former HSN CEO Mark Bozek and co-founder Russell Nuce announce the launch of the new e-commerce platform EVINE.com. The site will sell exclusive products available only on EVINE.

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