Retail Technology & Ecommerce

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Retail Tech & E-commerce

Retail Tech & E-commerce news and trends, straight to your inbox 📩

Exciting week in ecommerce & retail tech, I’m writing this from China. From almost nothing, the China ecommerce sector has grown to more than the US and UK combined, see stat of the week below.
This Week: How China embraces Black Friday, The end of the beginning (video), Australian ecommerce step change, and the world’s first social ecommerce platform built on blockchain.
Kyle

📈 STAT OF THE WEEK
Global Ecommerce Spending - 2005 vs 2016 - Ben Evans
Global Ecommerce Spending - 2005 vs 2016 - Ben Evans
US & China: Annual volume of packages 2006 vs 2016
US & China: Annual volume of packages 2006 vs 2016
📢 NEWS
After Singles’ Day, Chinese shoppers turn to Black Friday | Abacus
Amazon is reportedly testing its cashier-less technology in larger stores - The Verge
Walgreens launches next-day prescription delivery with FedEx to compete with Amazon
Project Verte: Blockchain Technology in Ecommerce
Yoox Net-a-Porter’s WeChat Weak Spot | The Daily
💰 FUNDING and M&A
Shopify Buys Sweden-based TicTail to Expand Global Presence
Shogun Raises $2.1M in Funding | FinSMEs
Real estate ecommerce platform BuildSupply raises $3.5 million from Venture Highway
🌟 SPOTLIGHT:
Ecommerce is still only a small fraction (10%) of total retail spending in the US, and many other areas that will be transformed by software and the internet in the next decade or two have barely been touched.
Ecommerce is still only a small fraction (10%) of total retail spending in the US, and many other areas that will be transformed by software and the internet in the next decade or two have barely been touched.
Techstars Startup Digest Retail Tech & E-commerce is curated by:
Alice Knibbs Alice Knibbs
alice.knibbs@startupdigestmail.com
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