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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Study highlights the growth of e-commerce

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New study shows that e-commerce is on the rise in North America and Europe The Center for Retail Research has released its latest study, which was commissioned by RetailMeNot. The study shows that e-commerce continues to make strides in both North America and Europe, though consumers are beginning to gravitate toward mobile commerce. More consumers are opting to shop online with their mobile devices because of the convenience that it represents. This is one of the reasons that e-commerce first began to gain popularity, as well. US leads e-commerce sales,…

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E-commerce set to boom in Canada, but not for domestic retailers

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Digital commerce is growing as consumers begin to shop online more regularly E-commerce may be set for a boom in Canada. Forrester Research has released a new report that shines a spotlight on the potential growth of digital commerce during the holiday season. Canada has been somewhat sluggish when it comes to e-commerce, with many of the country’s retailers showing only modest interest in engaging mobile and digital consumers. In Canada, only 6% of all retail sales are made online, but a growing number of Canadians are beginning to show…

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Russia is an emerging e-commerce market

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Report highlights the potential of Russia as a major market for online retailers Russia may be the next place for an e-commerce boom. A new report from yStats shows that online sales in Russia are growing at a fast pace. Consumers throughout the country are beginning to shop more online than they have in the past few years and as consumers become more reliant on mobile technology, large retailers are beginning to take notice. In the coming years, Russia may become one of the world’s leading e-commerce markets. Russian digital…

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Yahoo re-launches its e-commerce service

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Yahoo Stores is being re-launched in order to help the company find a footing in the digital retail space Yahoo has announced that it will be re-launching its beleaguered e-commerce platform, called Yahoo Stores. The platform had served as a way for the company to connect with digital consumers and businesses, providing them with a way to shop online. Unfortunately, the platform found it difficult to compete with others being offered by companies like Amazon and eBay and eventually fell to obsolescence. The new Yahoo Stores system is adopting a…

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