Challenging an e-commerce behemoth like Amazon requires an immense amount of connections and resources, not to mention experience and strategy. Jet.com has plenty of the latter two, having been founded by the same man who founded Diapers.com, and with $350 million in new funding and another $150 million on the way, the promising e-commerce startup now has some… Continue reading Amazon’s most-promising competitor has $350 million in new funding
Category: E-commerce
Bing just received a bunch of shopping features for the holidays
Just in time for the holiday shopping season, Microsoft has added a plethora of new features to Bing that will improve the online shopping experience of its users. For starters, the company has added more product images to its search results, and has started expanding its Pinterest-like image saving feature with an image stream that… Continue reading Bing just received a bunch of shopping features for the holidays
Alibaba just earned $14.32 billion from sales in less than a day
For those of you who aren’t familiar with Single’s Day, it’s a massive shopping festival that’s the Chinese equivalent of Black Friday, and just like with Black Friday, it causes people to spend billions and billions of dollars on all the sales. According to Alibaba, which is basically the Amazon of China, it earned $14.32 billion from all… Continue reading Alibaba just earned $14.32 billion from sales in less than a day
Less than 60% of China’s e-commerce products are actually genuine
Even though Chinese products have improved significantly over the years, the country still has a problem with counterfeit goods, especially on its e-commerce platforms. According to a new report from the National People’s Congress Standing Committee, a measly 58.7% of the products sold on China’s e-commerce platforms were actually genuine, while the other 41.3% were counterfeits and fakes. This… Continue reading Less than 60% of China’s e-commerce products are actually genuine
Facebook wants to be the new Craigslist with Local Market
Facebook is really interested in e-commerce, and it’s approaching the market from a number of different angles in order to find out what works. The company’s most recent foray into e-commerce is Local Market, a new feature that it’s testing that functions in much the same way Craigslist does. From what we can tell, it’s… Continue reading Facebook wants to be the new Craigslist with Local Market
Amazon now lets you buy stuff from your TV in the lamest way possible
Imagine seeing something that you want on a commercial, then being able to purchase it straight through your television with a few button clicks. Doesn’t that sound cool? Well don’t get too excited, because Amazon’s new shopping feature for televisions isn’t anywhere near as interesting as that. Basically, if your television is connected to either a Fire… Continue reading Amazon now lets you buy stuff from your TV in the lamest way possible
Etsy is jumping on the same-day delivery bandwagon
It’s no secret that having faster deliveries than your competitors can be a massive advantage for e-commerce companies, which is why Etsy is jumping on the same-day delivery bandwagon with Etsy ASAP. It’s currently just a pilot program that’s exclusive to buyers in New York City, but it’s a necessary move for Etsy, assuming it… Continue reading Etsy is jumping on the same-day delivery bandwagon
Facebook’s new Shopping section could spell trouble for Amazon
Whether you’re on your computer or your smartphone, Facebook wants to be the digital hub where you spend most of your time, the nexus where you can access all of the most important parts of the Internet. Using its unparalleled social networking power, Facebook has already started transforming itself into the place where everyone gets their news, and now its… Continue reading Facebook’s new Shopping section could spell trouble for Amazon
Amazon has launched Homemade, a new store for artisanal goods
Amazon took a crap on Etsy’s stock price yesterday morning when it announced Homemade, a new online store for artisanal goods that’s going to be competing directly with Etsy. As the name implies, Homemade guarantees that all of it’s products are homemade, in contrast to Etsy, which started allowing users to sell manufactured goods back in 2013, and even started a new program… Continue reading Amazon has launched Homemade, a new store for artisanal goods
Jet.com just abandoned its annual $49.99 membership fee
Amazon may have some serious competition from domestic companies in Asia, but here in the West, the only company that really stands a chance is Jet.com. The e-commerce startup finally launched earlier this year after spending several months building itself up, and it looked really promising. What made Jet.com so interesting is that all of the… Continue reading Jet.com just abandoned its annual $49.99 membership fee