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Final sales for Cyber Monday fell short of estimates and didn't surpass last year's record as lackluster sales and scarce inventory kept shoppers from breaking out their credit cards during the start of the holiday shopping season.
/PRNewswire/ -- BRANDED Group, a leading consumer goods e-commerce company, today announced the full acquisition of Puracy, a leader in plant-based natural...
Opontia: Enabling e-commerce brands to go global Philip Johnston and Manfred Meyer, co-founders of Opontia The GCC region is one of the fastest-growing e-commerce markets in the world according to a report from Dubai’s CommerCity, with online sales set to treble by 2022. US-based consultancy firm AT Kearney predicts the region’s e-commerce sector will grow from $29 billion this year to $50 billion by 2025. While the sector continues to see higher adoption of online shopping among consumers, for UAE-based e-commerce enabler Opontia, which acquires e-commerce brands and helps them grow, the...
One of the biggest funding trends of the past year is companies that consolidate small e-commerce brands. Many of the most notable startups in the space, like Thrasio, Berlin Brands Group and Branded Group, focus on consolidating Amazon Marketplace sellers. But the e-commerce landscape is more fragmented in the Asia-Pacific region, where sellers use platforms […]
Singapore-based Rainforest is one of the newest entrants in the wave of startups that “roll-up” small e-commerce brands. Launched in January by alumni from some of Southeast Asia’s top startups, including Carousell, OVO and Fave, Rainforest acquires Amazon marketplace sellers. This is similar to the Amazon-centric approach taken by Thrasio, Branded Group and Berlin Brands […]