Amazon Begins Dedicated Air Freight Service In This Region

Credit: bryan-angelo unsplash

A recent news article published in the Channel News Asia states that Amazon launches dedicated air cargo service in India as online sales soar.

A dedicated air cargo service in India

Amazon.com Inc on Monday launched a dedicated air cargo service in India, Amazon Air, as it looks to expand and speed-up deliveries across one of its key markets amid fast-growing e-commerce sales, an executive said on Monday.

The company has invested in Indian cargo carrier Quikjet to...

https://mfame.guru/amazon-begins-dedicated-air-freight-service-in-this-region/

Ins and outs of creating online sales network for steel

This fireside chat recap is from FreightWaves’ Supply Chain Meets FinTech event on Wednesday.

FIRESIDE CHAT TOPIC: Steely determination: Lessons learned in moving the sale of 1.68 billion metric tons of steel online.

DETAILS: Bryzos founder and CEO Shep Hickey chats with Pymnts CEO Karen Webster about what it’s like to develop an online platform to facilitate the buying and selling of steel between would-be buyers and suppliers. 

SPEAKER: Shep Hickey, Bryzos founder and CEO.

BIO: Hickey founded...

https://www.freightwaves.com/news/ins-and-outs-of-creating-online-sales-network-for-steel

E-commerce platform BigCommerce acquires BundleB2B

A customer makes an e-commerce purchase through an online platform

BigCommerce, an open software-as-a-service e-commerce platform serving brands like Ben & Jerry’s, SC Johnson and Vodafone, announced that it has acquired BundleB2B, a technology company that provides added functionality for online business-to-business sales.

BundleB2B, a longtime partner of BigCommerce (NASDAQ: BIGC), has an offering geared specifically toward B2B merchants on the Austin, Texas-based company’s platform. The two companies already partnered this past June to roll out BigCommerce...

https://www.freightwaves.com/news/e-commerce-platform-bigcommerce-acquires-bundleb2b

E-commerce consumers keep shopping, even as inflation drives up prices

Inflation has driven e-commerce revenue higher in the past year, with the first two months of 2022 particularly impacted, according to research from Adobe.

The firm said $3.8 billion of e-commerce sales growth in January and February of this year was due to higher prices. The U.S. Bureau of Labor Statistics’ Consumer Price Index said e-commerce sales fell 3.7% in February from January, which saw a 14.5% increase from December. Neither number was adjusted for inflation.

Adobe (NASDAQ: ADBE), which

https://www.freightwaves.com/news/e-commerce-consumers-keep-shopping-even-as-inflation-drives-up-prices

5 tips DTC brands can implement to improve holiday sales

When consumers shop in a brick-and-mortar store, the retailer gains valuable insight on them. When they move online, similar data insights can be gleaned thanks to the “digital shelf.”

PriceSpider identifies the digital shelf as a “collection of digital experiences consumers use to find, learn about, compare, and purchase products. That includes everything from search engines and product pages to your website and other online content.”

In essence, direct-to-consumer brands that leverage the data...

https://www.freightwaves.com/news/5-tips-dtc-brands-can-implement-to-improve-holiday-sales

Shopify posts 46% Q3 revenue growth

Shopify reported higher revenue in Q3 but, despite the news, the final numbers fell short of expectations and the company’s stock took a hit in premarket trading Thursday before rebounding later in the day.

The e-commerce platform reported revenues of $1.12 billion for the quarter ending Sept. 30 — 46% year-over-year — and earnings per share (EPS) of 81 cents. Analysts were expecting earnings of $1.23 per share on revenue of $1.15 billion. Gross merchandise volume (GMV) also came in below...

https://www.freightwaves.com/news/shopify-fails-to-impress-investors-despite-46-q3-revenue-growth

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