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Wish Sold to Asian Ecommerce Platform Qoo10 for $173 Million

Retail TouchPoints

After years of decline, ContextLogic has sold its discount shopping app Wish for approximately $173 million in cash to Qoo10 , an ecommerce platform that operates localized online marketplaces throughout Asia. Qoo10 is headquartered in Singapore and operates marketplaces in Singapore, Indonesia, Malaysia, mainland China and Hong Kong.

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Magento 2 and Adobe Commerce: 6 Years in the Making

Groove

As Magento 2 nears its 10 th anniversary, it continues to evolve as a powerful eCommerce platform serving hundreds of thousands of merchants, from small startups to large enterprises. Today, that evolution has redefined Magento eCommerce as Adobe Commerce, an official part of the Adobe Experience Cloud.

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5 BigCommerce Competitors You Should Consider in 2024

Groove

BigCommerce is one of the most popular platforms for creating and managing eCommerce stores. However, it's far from being the only eCommerce solution on the block. Depending on the plan you choose, Shopify offers a wide range of features and apps designed to help you build your eCommerce store and attract customers.

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TikTok Aims to ‘Transform Indonesia’s Ecommerce Sector’ Through Partnership with Tokopedia

Retail TouchPoints

In early October, Indonesia dealt TikTok a blow when it banned ecommerce on social media. Now, just two months later, TikTok has entered a strategic partnership with Indonesian ecommerce firm PT GoTo Gojek Tokopedia (GoTo) that gives TikTok a controlling stake in one of the biggest shopping platforms int the country, Tokopedia.

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Mollie Secures UK Payment Institution Licence

365 Retail

Mollie, recognized as one of Europe’s rapidly expanding payment service providers, has announced a significant regulatory milestone: the acquisition of a Payment Institution licence from the UK’s Financial Conduct Authority (FCA). We’re excited to continue to shape the future of payments in the UK.”

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eCommerce Fraud 101: A Guide to the Risks Facing DTC Brands

ESW

eCommerce fraud is part and parcel of selling online, but you don’t have to be a victim. By understanding the size of the threat you face, what to look for, and how to protect your brand going forward, you can make sure your eCommerce journey gets off to the best and most secure start possible.

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Mi9 Retail Offers Built-In Integration for Google Shopping Local Feeds Partnership

Mi9

FORT LAUDERDALE, FLORIDA, November 22 , 2023 – Mi9 Retail, a leading provider of end-to-end retail software solutions, is pleased to announce that the latest release of their flagship merchandise management platform, Mi9 Merchant, supports out-of-the-box product inventory and price feed to Google Shopping Local Feeds Partnership.