E-commerce platform Shopify prepares to launch IPO

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Shopify has announces plans to launch IPO on New York Stock Exchange Shopify, an e-commerce platform based in Canada, has announced its plans to become a public company. The organization aims to raise some $100 million through an initial public offering (IPO) with the list name “SHOP” on the New York Stock Exchange. Shopify has release information concerning its operations ahead of the IPO, hoping that this information will generate some hype behind the company’s entry into the stock market. Shopify provides information concerning growth over recent years According to…

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Alibaba finds success in mobile commerce

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Company has posted the results of its first quarter Alibaba, one of China’s largest e-commerce companies, has posted its first quarter results, showing that mobile has played a major role in the company’s overall performance. The mobile sector has been growing in China. More people are gaining access to mobile devices and are beginning to use smartphones and tablets in their daily lives. As such, mobile commerce has emerged as a powerful force in China, and Alibaba has positioned itself to take advantage of this growing sector. Revenue is growing…

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Competition is heating up in China’s mobile commerce space

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Alibaba may soon see its position threatened in China China’s e-commerce space may soon see a significant shift in power. Alibaba, one of the largest e-commerce and Internet organizations in the world, is preparing to launch an initial public offering on the New York Stock Exchange. This has taken a significant degree of the company’s focus, and created an opportunity for its competitors to make moves to establish their own dominance in the digital commerce field. JD.com set to begin selling products through the Mobile QQ platform JD.com, Alibaba’s chief…

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