08 Nov The Ecommerce News Roundup – 8 November 2021
Buried amongst the tales of Tory sleaze and the imminent immolation of the world is a piece of news which should really be the headline for all channels of news – a pill has been approved that will reduce Covid admissions to hospitals and deaths by 90%. Surely this is bad news for even the most hardened Covid pessimist??
This week, I am going to recommend a fascinating book
Young China: How the Restless Generation Will Change Their Country and the World by Zak Dychtwald
A brilliantly written insight into what we would call China’s millenials. A great read with some surprising insight – how a country went from less than $300 per head GDP to an affluent middle class and their very different take on life free from Western pre-conceptions. Or, if you are more interested in money – how to make $5Bn in an hour…
Otherwise – please enjoy the continuing good news stories of the growth of ecommerce from the UK beyond.
UK ECOMMERCE NEWS
Sainsbury’s digital business remains twice its pre-pandemic size.
Currys partners with Uber to deliver small tech to Londoners.
Next’s online strength drives 17% sales rise in latest quarter.
Tilletts takes proud position in Lightning 50 list after becoming pure e-commerce brand.
Trainline delivers strong recovery as passenger numbers go up.
Waitrose to trial fleet of wirelessly charged delivery vans.
INTERNATIONAL ECOMMERCE NEWS
Bed Bath & Beyond to launch digital marketplace.
(Chain Store Age)
Ecommerce demand ahead of Black Friday helps boost GoDaddy revenues.
Foot Locker completes acquisition of Atmos.
HelloFresh reports 45% increase in revenue in third quarter.
French Connection £29m takeover approved by shareholders.
Instagram to up its ecommerce game with these new features.
(Digital Information World)
Facebook Announces New Groups Tools at Its 2021 Communities Summit.
(Social Medial Today)
TikTok announces advertising coupon program for merchants.
Pinterest debuts livestream shopping through Pinterest TV.
Klarna launches one-stop shopping app.
IN THE MARKETS
Mythical Games nets $150m in funding.
UK trading platform Freetrade reaches $1.28B assets.
Ecommerce business Selazar secures record £20m investment.
San Diego Tech ‘Unicorn’ ClickUp Valued At $4 Billion.
Lulu’s Fashion Lounge eyeing up to $707 million IPO valuation.