Ecommerce

UPDATE: Adobe acquires ecommerce platform Magento for $1.7 Billion
We’re living in an experience economy. But it’s important to make sure those experiences are shoppable. Adobe has agreed to buy Magento Commerce for US$1.68 billion. The deal plugs a glaring hole in Adobe’s strategy by adding an ecommerce platform to Adobe’s Experience Cloud. It is not the first foray by Adobe

Australia is APAC’s 4th largest ecommerce market – But India is catching up
India is set to overtake Australia as 4th largest online retail market in Asia Pacific in 2019, according to Forrester research. The analysts have updated their outlook for APAC’s ecommerce market with data showing that the region continues to be the largest for online retail sales globally, comprising both the

Miranda Kerr Launches Flagship Tmall Global Store Through Livestream in China
Premium Australian organic skincare brand Kora Organics has opened a store on Alibaba’s Tmall Global platform. The digital store was opened via a livestreaming event, broadcast from brand founder and international supermodel Miranda Kerr’s home in California. Kora Organics is officially entering China exclusively through Tmall Global, to reach a

Australian Brands now third most popular import on Alibaba Platform
Australia is now the third largest importer into China on Alibaba’s Tmall platform, according to a new report from the internet giant. Trailing only Japan and the US, Australia displaced Germany for third spot in 2017 in terms of value of goods sold by international vendors. Tmall is the Alibaba-owned

Magento to launch Amazon integration
Open source ecommerce company Magento Commerce is expanding its product capabilities so that merchants can more simply and cost-effectively manage inventory on Amazon directly from their Magento ecommerce store. Merchants will benefit from powerful listing tools that direct product distribution and visibility, provide detailed competitor reporting, and generate pricing recommendations,

Transferring sales to digital channels grows revenue: Report
Transferring sales to digital commerce channels boosts revenue, according to a Deloitte Access Economics report released today. A five per cent shift of customer purchases to digital channels generates a 3.5 per cent boost to revenue growth, the report said. That revenue boost is one of the reasons organisations are

China’s JD.com arrives in Melbourne to push cross-border ecommerce
Chinese ecommerce giant JD.com is opening its first Australian office in Melbourne later this month. Similar to Alibaba which opened an office in Melbourne 12 months ago, JD’s operations will focus on getting Australian businesses to list their products on its online marketplace. It’s an opportunity for local brands, franchisees

Who are China’s biggest ecommerce companies?
Alibaba and Tencent are already well known names in the world of global ecommerce. However the Chinese ecommerce sector is set to have an even more dramatic impact on the global economy as businesses which grew by meeting huge internal demand start to turn their focus outwards. Sign up for

Catch Breaks Through the Million Dollar Week Barrier
Diversified ecommerce group, Catch Group, said its Catch Marketplace (an extension of Catch.com.au), has reached weekly sales in excess of $1 million and is advancing towards a yearly sales forecast of $100 million per annum. Sign up for Which-50’s Irregular Insights newsletter Launched in June of this year, Catch Marketplace

Invisible Checkouts to Process $78 Billion by 2022
Amazon Go and other ‘invisible payment’ technologies, aimed at reducing or removing physical checkouts from the retail experience, will process over $78 billion in transactions by 2022, up from an expected $9.8 billion this year, a new study from Juniper Research has found. The research argues the majority of revenues