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” Bitcoin payments make a lot of sense for SMEs but the risks still remain “ The last six odd months has seen the cryptocurrency market witness an unparalleled amount of financial volatility, so much so that the total capitalization of this fast-maturing space has dropped from $3 trillion to approximately $1 trillion. This comes…
“The Five Keys To Success On E-Commerce Marketplace Platforms” According to 2019 statistics, the eCommerce marketplace platform is becoming increasingly popular, with online retail sales predicted to account for 13.7 percent of worldwide retail sales by the end of the year. So it would help if you are looking for a specialist who will teach…
” Metaverse could be worth $5 trillion by 2030: McKinsey report “ Global spending in the metaverse could reach $5 trillion by 2030, according to a new report from international consulting firm McKinsey & Company. Published yesterday, the 77-page report titled “Value Creation in the Metaverse” analyzed current adoption trends and drew additional insight from…
“Amazon sellers blast company amid antitrust fight” Amazon wants to enlist third-party sellers in its fight against an antitrust bill — but many of the sellers support the legislation and have accused the company of spreading “propaganda” and treating them like “morons.” In a post on Amazon’s forum for third-party merchants who sell goods through the…
“7 eCommerce Lead Generation Tactics for 2022” Today, more buyers shop for products online. According to Statista, over two billion people bought products or services online in 2020, and e-retail sales grew past $4.2 trillion worldwide. Luckily, this is an opportunity to increase your eCommerce sales and profits. How can you turn these shoppers into…
“Amazon adds 5% fuel, inflation surcharge for sellers” Amazon will begin charging sellers active on its platform an additional surcharge for fuel and inflation – a change implemented as the e-commerce giant and other major companies contend with surging operating costs. The Seattle-based company said the 5% surcharge will take effect on April 28 and…
” Shopify Bitcoin payments integration triggers legal questions from the community “ Following the announced integration of the payment app Strike with e-commerce platform Shopify to accept Bitcoin (BTC) through the Lightning Network, the crypto community raised concerns over the legal implications of the move. Crypto researcher Matt Ahlborg believes that the event is a…
” Bolt to enable Bitcoin and NFT access via Wyre acquisition “ San Francisco-based e-commerce startup Bolt is moving into cryptocurrencies and nonfungible tokens (NFTs) by acquiring fiat-to-crypto and payment infrastructure firm Wyre. According to a joint announcement on Thursday, Bolt has reached a definitive agreement to acquire Wyre, aiming to close the deal later in…
“Neiman Marcus lands $200M investment from Farfetch” UK luxury e-tailer Farfetch is investing $200 million in Neiman Marcus to drive the swanky department store’s digital growth, the companies announced on Tuesday. London-based Farfetch is taking a minority stake in Neiman, which also owns the two Bergdorf Goodman stores in New York City. Farfetch will initially…
” NFT adoption: Tokens take the runway at Metaverse Fashion Week “ The Metaverse may be an emerging concept, but the impact that virtual game-like worlds can have on the trillion-dollar retail industry was recently demonstrated during Metaverse Fashion Week (MVFW). This entirely virtual experience was held from March 24–27, 2022, in Decentraland, a decentralized…