Ecommerce news and archive

JD.com posts 13 percent revenue increase in 2025, driven by retail and fashion expansion

Chinese supply chain technology provider JD.com has reported a 13 percent increase in total net revenues for the full year 2025, reaching 1,309.09 billion RMB (187.2 billion dollars). The Beijing-based company saw its core JD Retail segment achieve resilient performance, with operating profit for the year rising to 51.40 billion RMB compared to...

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AI ecommerce startup Onton raises 7.5 million US dollars

AI ecommerce startup Onton has successfully raised 7.5 million US dollars to reimagine and streamline the online shopping experience. In a seed funding round led by Footwork, with participation from Liquid 2, Parable Ventures, 43, and more, the funding round brings Onton’s total funding to approximately 10 million US dollars. Onton aims to use...

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NRF 2025: Four tech start-ups that address key retail challenges

Paris - At NRF 2025: Retail's Big Show Europe, FashionUnited selected four start-ups to spotlight from a broad group of retail innovators. The companies were part of the Startup Hub featuring 62 retail tech businesses from 15 countries, as well as an Innovators showcase section with over 30 technology companies. This year's event, which took...

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Club L London launches localised German website

Club L London is continuing on its path of expansion with the launch of its first dedicated German-language website. The decision to open the localised platform comes amid increased demand for the British brand within the country itself and throughout the DACH region. The company said it has experienced a period of “exceptional international...

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THG Commerce launches new Hyrox global DTC ecommerce platform

THG Commerce, the end-to-end ecommerce platform from THG Ingenuity, has launched a new direct-to-consumer ecommerce platform for Hyrox, the fitness racing event. The website launch is part of a wider partnership between the two parties to drive long-term growth for Hyrox as it expands globally. Hyrox will benefit from extensive support across...

Retail

Amazon to host first-ever four day Prime Day event

Online marketplace giant Amazon is set to bring back its Prime Day sales event, extending the discount offer to four days for the first time. Running from July 8 to July 11, the summer sale shopping event offers Prime members access to limited deals across a range of categories, from apparel to personal care and books. Another new addition to...

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Online spend set to exceed last year's Christmas sales by 1.1 billion pounds

The festive season is fast approaching, and new data from leading consumer insights providers Experian and Reward suggests the retail sector is in for a lucrative end-of-year period. According to their analysis, British consumers are poised to splurge a staggering 28 billion pounds online during the pivotal 'Golden Quarter' - that's 1.1 billion...

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Next stakes claim in premium fashion market with Seasons launch

British retail giant Next is making an ambitious move into the premium fashion segment with the launch of Seasons, a new multi-brand e-commerce platform. The venture marks a significant strategic shift for the high street retailer, as it seeks to capture market share in the wake of recent industry consolidation. The platform will debut with a...

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Birkenstock strengthens brand presence in South Korea through launch of dedicated website

German footwear brand Birkenstock is strengthening its brand presence in South Korea by launching a new, country-specific ecommerce website. A leading market for fashion in East Asia, Birkenstock sees “great potential” when it comes to growing its presence in the country as the industry is characterized by a range of young, creative local...

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Farfetch acquisition weighs on Coupang revenue

Coupang Credits: Coupang investor relations Coupang, South Korea's leading e-commerce platform, has reported its first quarterly loss in two years, as the company grapples with the integration of its recent Farfetch acquisition and a significant regulatory fine. The setback comes despite robust growth in its core online retail business. The...

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Revolve to acquire couture house Alexandre Vauthier

Revolve, the California-based online fashion retailer, is reportedly acquiring French haute couture brand Alexandre Vauthier. The 15 year-old company, which entered administration at the beginning of the year, has been looking for a buyer since February, said the Business of Fashion. Vauthier, which wholesales ready-to-wear and sells haute...

Retail

Shopify unveils new AI-powered commerce features

Shopify, the e-commerce infrastructure provider, has unveiled a comprehensive update to its platform in its Summer '24 Edition, aiming to deliver a more unified and intuitive experience for merchants. The company is refining its services to meet the evolving demands of commerce across various scales, from entrepreneurs to enterprises. Deann...