Top 2021 resources on marketplace

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• 11 Key Metrics to Evaluate Potential Marketplaces - There are dozens of worthwhile marketplaces worldwide. Amazon, Walmart, eBay, and Etsy are examples. What follows are tips for using data to identify (and optimize) marketplaces to sell your products.
  Topics: product, marketplace, sell, amazon, conversion, volume, audience, marketplaces, evaluate, key, potential, products, metrics, cost.
• 13 Marketplaces for Handmade Goods - Merchants who sell handmade goods can list their products on specialized marketplaces. There, merchants can find potential customers along with a community of like-minded creators and sellers. Here is a list of marketplaces for handmade goods.
  Topics: items, start, sell, price, goods, handmade, products, marketplace, marketplaces, sales, artists.
• 14 Marketplaces to Hire Freelance Designers, Developers, Writers, Marketers, More - Here is a list of marketplaces to hire freelance designers, developers, writers, finance professionals, social media marketers, and more. There are general marketplaces with huge pools of workers in hundreds of fields as well as specialized marketplaces focused on areas such as design, Amazon stores, and even expert consulting.
  Topics: design, job, project, hire, marketplaces, designers, platform, writers, freelance, fee, freelancers, workers, marketers, price, marketplace, developers.
• 20 Selling Sites and Marketplaces to Sell Your Stuff Online - The top online marketplaces in the world sold over $2 trillion in 2019, accounting for 57% of global web sales, according to Digital Commerce 360’s analysis. The growth of marketplace sales leaves small business owners asking one question: to sell or not to sell on online marketplaces?  In this guide, we'll walk you though some of the best online selling sites, the benefits of starting your own online store, and how using both can help reach new customers and make more sales. More
  Topics: stuff, online, items, ecommerce, marketplaces, sites, products, marketplace, fees, free, sell, selling, amazon.
• 25 Top Amazon Marketplace Sellers Based on Number of Reviews - Reviewing the top sellers on Amazon's marketplace could provide ideas on products, descriptions, and customer service. Here is a list of top sellers on the Amazon marketplace based on the number of reviews.
  Topics: reviews, sellers, based, products, brands, including, number, health, marketplace, days, amazon, sells, lifetime, offers.
• 5-month-old Indonesian startup Ula raises $10.5 million for its wholesale e-commerce marketplace - Five-month-old Indonesian startup Ula, which aims to help small retailers solve inefficiencies that they face in supply chain, inventory and working capital, said today it has raised $10.5 million in a new financing round to grow its business in the Southeast Asian market. The seed round was led by Sequoia India and Lightspeed India. SMDV, […]
  Topics: need, million, marketplace, team, round, inventory, retail, ecommerce, raises, ula, indonesia, working, wholesale, techcrunch, indonesian, 5monthold, startup, capital.
• 500 Apps of Summer: Customers' Top App Marketplace Picks - Last month, the HubSpot app partner ecosystem passed a notable milestone in our platform journey: we officially welcomed the 500th app to our App Marketplace.
  Topics: customers, app, apps, grow, summer, sales, marketplace, picks, hubspot, quality, business, help.
• 8 Marketplaces for Themes, Templates, Plugins - Themes, templates, and plugins can simplify the creation and customization of a website. Here is a list of marketplaces to access themes, templates, and plugins. Several of these marketplaces also offer other digital assets, such as graphics, fonts, and videos to create and customize a website.
  Topics: marketplaces, sellers, offers, elements, plugins, marketplace, site, themes, templates, graphics, wordpress.
• Adevinta acquires eBay’s Classifieds business unit in $9.2B deal - Consolidation continues apace in the world of e-commerce, and today it was the turn of the classified ads market. Today, eBay announced it had reached a deal to sell off its Classifieds business unit to Adevinta, a Norway-based classified ads publisher majority owned by Norwegian publisher Schibsted. The deal is valued at $9.2 billion, which […]
  Topics: deal, 92b, ads, classifieds, million, ebay, techcrunch, marketplace, adevinta, classified, acquires, schibsted, ebays, business, unit.
• Amazon Alters Small-business Strategy; Competitors Take Advantage - Amazon has told many small merchants that it would no longer accept bulk wholesale orders from them for its Vendor Central program. Several companies have seized on this change and are trying to attract smaller merchants who may be looking for alternatives.
  Topics: small, smallbusiness, amazon, advantage, alters, company, million, competitors, flexe, strategy, merchants, warehouses, fulfillment, marketplace, warehouse.
• Amazon Marketplace Sellers Are Attractive Acquisition Targets - Buyouts of Amazon marketplace sellers are booming. Aggregators are scooping up successful small sellers and creating large and lucrative portfolio companies. The acquisitions are mostly fueled by angel, venture capital, and private equity funding.
  Topics: company, attractive, amazon, acquisition, small, raised, sellers, aggregators, technology, targets, million, marketplace.
• Amazon Sales Channel in Magento Is Now Available in the U.K. - There was a lot of excitement amongst Magento brands and merchants when we recently announced Amazon Sales Channel extension for Magento Commerce and Magento Open Source at Imagine.  Now Amazon Sales Channel is coming to the UK!  Read more about this eCommerce extension. 
  Topics: marketplace, sales, month, brands, amazon, merchants, channel, products, available, extension, uk, magento.
• Amazon US sellers will have to display their name and address starting Sept. 1, 2020 - Amazon on Wednesday informed its U.S. sellers they will soon have to display their business name and address on their Amazon.com seller profile page. For individual sellers, this will include the individual’s name and address. A similar system is already in place across Amazon’s stores in Europe, Japan and Mexico, due to local laws. Amazon […]
  Topics: seller, marketplace, profile, techcrunch, change, sellers, sept, amazon, display, business, address, starting, system.
• Amazon charged with antitrust violations in Europe - The European Commission has accused Amazon of abusing non-public data from third-party merchants to boost sales of its own brands in France and Germany. The Commission also opened a second investigation regarding the possible preferential treatment of marketplace sellers that use Amazon’s fulfillment services. The EU Commission officially says it… Continue reading
  Topics: fair, sellers, violations, amazon, offers, data, charged, retail, antitrust, europe, marketplace, competition, commission, amazons.
• Amazon has 1.1 million active sellers in Europe - There are over 1.1 million active sellers on Amazon marketplaces located in Europe. That’s an increase of 25 percent, compared to the situation last year. The most percentage growth can be found on Amazon Turkey and Amazon Italy. Someone can be defined as an active Amazon seller, when he or… Continue reading
  Topics: europe, uk, active, marketplaces, growth, million, germany, italy, amazon, sellers, marketplace.
• Amazon, with Demand Surging, Transitions FBA - Amazon is experiencing a dilemma that other ecommerce companies wish they had: a demand that exceeds supply chain infrastructure. In a note in mid-July, Amazon told sellers using Fulfillment by ...
  Topics: sales, million, products, transitions, inventory, marketplace, surging, sellers, amazon, thirdparty, demand, fba, prime, company.
• Ankorstore raises $29.9 million for its wholesale marketplace - French startup Ankorstore has raised a $29.9 million Series A round (€25 million) with Index Ventures leading the round. Existing investors GFC, Alven and Aglaé are also participating. Ankorstore is building a wholesale marketplace that connects independent shop owners with brands selling household supplies, maple syrup, headbands, bath salts, stationery items and a lot more. […]
  Topics: order, techcrunch, startup, ankorstore, products, raised, round, wholesale, million, marketplace, brands, selling, shop, raises.
• Australia’s Chemist Warehouse to open brick-and-mortar store in China - Australia's Chemist Warehouse is opening its first brick-and-mortar store and launching on a new online marketplace in China.
  Topics: open, chemist, retail, marketplace, alibabas, zhou, brickandmortar, australias, warehouse, tmall, china, crossborder, jian, australia, store.
• B2B marketplace Ankorstore launches in Germany - Ankorstore, a B2B marketplace from France, has opened its doors in Germany. With a look that is reminiscent of a business-to-consumer website, the platform wants to adapt the distribution between brands and retailers to today’s needs. Ankorstore just announced its official launch in Germany, making this the fourth market in… Continue reading
  Topics: marketplace, experience, accessible, ankorstore, retailers, brands, germany, b2b, webinar, founders, b2c, launches.
• B2B marketplace MerXu launches in Central and Eastern Europe - MerXu , a new ecommerce platform for B2B customers, has entered the market in Central and Eastern Europe. It’s co-founded by three former Allegro executives. The online trading platform aims at companies from the CEE region that operate in the B2B sector, both small and medium-sized companies as well as… Continue reading
  Topics: market, launches, platform, allegro, trade, central, companies, industrial, ceo, cee, b2b, ecommerce, eastern, europe, marketplace, merxu.
• Berlin Brands Group raises $240M to buy and scale up third-party Amazon Marketplace brands - The race is on for companies building e-commerce empires by rolling up smaller, promising businesses that sell via Amazon and other marketplaces and growing by using some economies of scale to operate them as one. In the latest development, Berlin Brands Group has raised $240 million that it says it will be using to acquire […]
  Topics: group, data, scale, market, selling, buy, amazon, techcrunch, million, bbg, thrasio, brands, thirdparty, berlin, raises, marketplace, companies.
• BigCommerce customers can now sell on Walmart’s online marketplace - BigCommerce has partnered with Walmart to allow its customers to sell on the Bentonville, Arkansas-based retailer’s e-commerce marketplace, it announced this morning. Shares of Austin-based BigCommerce rose sharply in pre-market trading after the news, gaining around 10% before the bell. Walmart, best-known for in-person shopping, has proven an e-commerce success story in recent years. For […]
  Topics: growth, walmart, shopify, company, ecommerce, sell, online, customers, bigcommerce, techcrunch, walmarts, wish, marketplace, announced.
• Bloomreach CEO: Future of Retail Is Marketplaces, Brands - Raj De Datta, CEO and co-founder at Bloomreach, said it succinctly, "The future of retail is marketplaces which require scale. But, the future of retail is also brands. The industry is seeing an explosion of small brands setting up shop online."
  Topics: future, small, retail, sales, retailers, ceo, marketplace, bloomreach, sell, brands, datta, ecommerce, marketplaces.
• Brighton-based MPB snaps up $69M to build out its used camera equipment marketplace - Used-goods marketplaces, an online staple since the beginning of the internet as we know it, have really come into their own during the COVID-19 pandemic: They’ve been a place for people clearing out their domestic spaces to list items that they have that are still in good shape, making some money in the process; and […]
  Topics: items, camera, partners, 69m, marketplace, techcrunch, equipment, million, platform, vitruvian, raised, brightonbased, way, used, world, mpb, build, snaps.
• Carrefour launches food marketplace in France - Carrefour has launched an online grocery marketplace in France. The platform will feature up to 100,000 products from more than a hundred different retailers by the end of this year. These items complement Carrefour’s daily product range. The supermarket chain is the latest major company with a marketplace for external… Continue reading
  Topics: online, french, food, marketplace, products, company, items, launches, carrefour, product, ecommerce, france.
• Cdiscount launches marketplace solution for other retailers - Cdiscount has announced it will launch an online marketplace solution that can be used by other retailers. The complete solution, which takes care of technology, offer, and logistics, enables physical and online retailers to develop their own marketplace operations. Cdiscount moving deeper into the popular marketplace market is no surprise.… Continue reading
  Topics: online, retailers, marketplace, cdiscount, million, growth, french, launches, logistics, solution, ecommerce.
• Crypto-driven marketplace Zora raises $2M to build a sustainable creator economy - Dee Goens and Jacob Horne have both the exact and precisely opposite background that you’d expect to see from two people building a way for creators to build a sustainable economy for their followers to participate in. Coinbase, crypto-hack projects at university, KPMG, Merrill Lynch. But where’s the art? “Believe it or not, I used […]
  Topics: marketplace, raises, cryptodriven, value, creators, zora, price, community, market, token, economy, artists, build, sustainable, creator, way, 2m, rac, techcrunch.
• Dutch B2B marketplace Orderchamp expands to France - Dutch wholesale marketplace Orderchamp has opened its digital doors in France. From now on, French physical retailers and online store owners can register for free to buy products, while French brands can start selling their assortment to over 12,000 connected retailers in Europe. It’s no coincidence Orderchamp has launched in… Continue reading
  Topics: physical, products, b2b, online, orderchamp, marketplace, dutch, wholesale, brands, retailers, french, expands, france.
• EQT acquires freemium graphics and stock photo marketplace, Freepik - Freepik, a Malaga-Spain based website which offers a curated freemium marketplace of vector graphics and stock photos fed by a community of contributing designers and photographers, is being acquired by investment and private equity firm EQT. The EQT Mid Market Europe fund has entered into an agreement to acquire a majority stake of Freepik from […]
  Topics: freemium, global, freepik, graphics, marketplace, digital, content, stock, users, partner, techcrunch, network, acquires, freepiks, eqt, management.
• Ebay and Amazon: 90% of UK online marketplace spend - The total spend via UK online marketplaces is forecast to reach over 30.4 billion euros in 2019. It’s also expected to rise 15.2 billion euros over the next five years. This corresponds to an increase of 50.1 percent. And it’s mostly Amazon and eBay who dominate the online marketplaces market.… Continue reading
  Topics: retail, amazon, second, online, marketplace, marketplaces, items, uk, ebay, spend, hand.
• Ecommerce financer Storfund provides €825 million of funding - Storfund, which shortens the cash cycle of online sellers, secured 30 million euros of capital from the Private Debt team of Swiss bank Union Bancaire Privée (UBP) and private investors. This year, the company wants to provide 1 billion dollars (825 million euros) of cash advances to online marketplace merchants.… Continue reading
  Topics: wants, marketplaces, capital, funding, private, storfund, growth, online, ecommerce, provides, million, marketplace, financer, liquidity.
• Ecommerce in France: Loyalty to Domestic Sellers - France has the third-largest population in Europe with 65.3 million residents and the second-largest ecommerce market. French consumers are loyal to their national brands and often shun cross-border ecommerce. Roughly 60 percent of French shoppers make only domestic purchases.
  Topics: loyalty, marketplace, online, internet, according, shoppers, france, french, ecommerce, sellers, popular, domestic, sales.
• Embedded procurement will make every company its own marketplace - The embedded fintech movement has just begun, but there is already a sister concept percolating: embedded procurement, which will allow businesses to buy things they need through vertical B2B apps.
  Topics: procurement, software, marketplace, financial, services, fintech, vertical, fresha, turn, embedded, company, techcrunch, companies.
• Emerge raises $20M to take its digital freight marketplace for truckers up a gear - Trucking is currently the most popular mode of transporting freight in the U.S., accounting for around $12.5 billion of the $17 billion freight market, according to the Bureau of Transportation Statistics. But with thousands of small and single-vehicle operators and legacy (often paper-based) systems underpinning communications, it’s also one of the most inefficient. Now there […]
  Topics: 20m, trucks, truckers, marketplace, million, raises, freight, market, gear, truck, shippers, platform, leto, techcrunch, emerge, digital.
• Ever Loved’s funeral marketplace undercuts undertakers - Fifty percent of families are scared they can’t cover the cost of a funeral. They end up overpaying because no one wants to comparison shop amidst a tragedy. That’s why ex-Googler Alison Johnston’s startup Ever Loved built a free funeral crowdfunding tool. Now it’s addressing one of the most expensive parts of saying goodbye: burial. […]
  Topics: online, loveds, funeral, dont, undercuts, prices, loved, customers, marketplace, costs, undertakers, memorial, techcrunch, families, johnston.
• Everything to Know about Amazon Marketplace Sellers - Amazon marketplace sellers are diverse, spanning many countries, age groups, and reasons for participating. What follows is a summary of demographic and psychographic data about sellers.
  Topics: know, fba, marketplace, sellers, billion, amazon, sales, thirdparty, respondents, merchants, fbm.
• Facebook Shops to let retailers sell directly to consumers - New platform to allow businesses to sell across Facebook, Instagram and WhatsApp.
  Topics: zealand, let, consumers, able, sell, online, retailers, marketplace, shops, products, businesses, business, social, facebook, directly.
• Finding Specialized Help in the Shopify Experts Marketplace - As a small business owner, you're the expert on your business. But it can be challenging to also be an expert on everything that goes into setting up and growing your business. That's why the Shopify Experts Marketplace exists: to help connect you with highly-skilled professionals who can work with you to bring your business to the next level. In this article, learn how to use the Experts Marketplace to grow your business.More
  Topics: finding, experts, expert, help, youre, shopify, work, business, available, marketplace, specialized, need.
• Fiverr.de launched in Germany - Fiverr now offers a German online marketplace. For the platform, which connects businesses with freelancers offering digital services, Germany is the first market outside of the United States. The localized website Fiverr.de wants to give German SMEs, startups and solo entrepreneurs better access to experts from all over the world.… Continue reading
  Topics: launched, marketplace, germany, steadily, german, fiverrde, demand, platform, fiverr, services, market, users.
• Flipkart loses bid to sell food online - Amazon-owned Flipkart has been blocked from entering the food-retail business by Indian regulators who had deliberated for almost a year on an application.
  Topics: bid, tried, flipkart, loses, usually, manufactured, india, retail, sell, marketplace, market, online, food, companies.
• How to Create a Multi-Vendor Marketplace - Expand your audience & make more money when you create a successful multi-vendor marketplace on WordPress. Start in a few steps with these powerful tools!
  Topics: control, sellers, customers, vendors, products, marketplace, items, create, sell, woocommerce, site, multivendor.
• How to Sell Groceries on Amazon - Amazon, Target, and Walmart are competing for a dominant U.S. online grocery presence. Amazon sells grocery items via three channels: Prime Pantry, AmazonFresh, and its third-party marketplace. I'll address each channel in this post.
  Topics: products, groceries, items, pantry, grocery, marketplace, brands, sell, amazonfresh, perishable, amazon, prime, sellers.
• How to Start an Online Marketplace - Start an online marketplace just like Amazon, Etsy or Airbnb! Learn all about online marketplaces, how to start one & how to successfully run one.
  Topics: start, resources, youre, services, marketplace, customers, tips, sell, marketplaces, model, merchants, business, success, online.
• India’s Zetwerk raises $120 million to scale its B2B marketplace for manufacturing parts - When you want to buy a refrigerator or a television, you can walk to the nearby electronics store or visit an e-commerce website like Amazon. But where do you go when you’re looking for parts of a crane, a door or chassis of different machines? For several businesses globally, the answer to that question is […]
  Topics: opportunity, firm, india, startup, capital, marketplace, b2b, raises, techcrunch, manufacturing, acharya, million, scale, zetwerk, indias, customers, parts.
• Informa Markets and Saladplate launch Food & Hotel Digital Week - B2B events organiser Informa Markets and online marketplace Saladplate are to launch a series of bi-monthly online events to help food and hospitality businesses connect and fast-track recovery following the coronavirus pandemic.
  Topics: informa, hotel, food, markets, digital, launch, saladplate, marketplace, online, week.
• Infra.Market raises $20 million for its B2B marketplace in India - A startup that is improving the way construction and real estate companies in India procure materials and handle logistics for their projects has received the backing of three new investors. Mumbai-headquartered Infra.Market said on Thursday it has raised $20 million in a Series B financing round. The round was led by Evolvence India Fund, Sistema […]
  Topics: clients, india, manufacturers, sengupta, today, small, startup, businesses, marketplace, raises, million, b2b, techcrunch, inframarket.
• International Marketplace Network opens for all retailers - The International Marketplace Network (IMN), an alliance of major European ecommerce platforms, is now open for all traders. After a one-year test phases, European online marketplaces Real.de, Cdiscount, eMAG and ePrice are launching the International Marketplace Network. The International Marketplace Network is an initiative from four major ecommerce platforms in… Continue reading
  Topics: marketplace, retail, opens, retailers, marketplaces, realde, ecommerce, online, imn, network, international, technical.
• Jiji raises $21M for its Africa online classifieds business - Pan-African digital classifieds company Jiji has raised $21 million in Series C and C-1 financing from six investors, led by Knuru Capital. The Nigeria-based venture, co-founded by Ukrainian entrepreneur Vladimir Mnogoletniy, has an East to West presence that includes Ghana, Uganda, Tanzania and Kenya. Buyers and sellers in those markets use Jiji to transact purchases […]
  Topics: online, million, business, company, 21m, listings, mnogoletniy, techcrunch, site, raises, marketplace, jiji, africa, classifieds.
• Jumbotail raises $14.2 million for its wholesale marketplace in India - Jumbotail, an online wholesale marketplace for grocery and food items, said on Friday it has raised an additional $14.2 million as the Bangalore-based startup chases the opportunity to digitize neighborhood stores in the world’s second-largest internet market. The five-year-old startup said the new tranche of its Series B financing round was led by VII Ventures, […]
  Topics: wholesale, jumbotail, reliance, stores, cities, raises, startup, neighborhood, techcrunch, tranche, india, retail, million, marketplace.
• Kaufland officially enters the world of ecommerce - Next month, Kaufland will officially enter the world of ecommerce. For the first time, the German hypermarket chain will be visible as a new operator on the previous online marketplace of Real, the company it acquired in June last year. And in mid-April the marketplace will be completely integrated on… Continue reading
  Topics: stationary, worlds, officially, customers, kauflandde, online, ecommerce, enters, marketplace, world, schwarz, kaufland.
• Luxury marketplace Not Just a Label sells personalised goods - Contemporary fashion designer network Not Just a Label (NJAL) is launching a luxury marketplace for exclusive, one-of-a-kind pieces
  Topics: label, goods, personalised, luxury, sells, designers, weeks, industry, platform, unique, njal, retail, marketplace, fashion, future.
• Magento Marketplace Security Update - At Magento, we believe transparency with our global community of merchants, partners, and developers is important. Accordingly, we want to share a security update.
  Topics: marketplace, update, security, help, updateon, types, ensure, vulnerability, community, issue, magento.
• Mastercard acquired and shut down IfOnly, an experiences marketplace hit by COVID-19 - Travel has undoubtedly been one of the industries hardest hit in the coronavirus pandemic, constrained by restrictions on how people can move between and within countries, many venues closing, new rules to minimise gatherings, shrinking economies, and a general reluctance among consumers to engage in getting out and about. One startup in the space has […]
  Topics: tours, platform, startup, acquired, techcrunch, priceless, wake, company, hit, ifonly, marketplace, covid19, experiences, shut, site, mastercard.
• Moda Operandi, an online marketplace for high-end fashion, raises $100M led by NEA and Apax - Moda Operandi, an online marketplace that specialises in right-off-the-runway luxury fashion, accessories and home decor, is today announcing a high-priced event of its own: it’s raised $100 million, a mix of equity and debt that it will use to invest in its platform and technology as well as to continue growing business overall. Founded in […]
  Topics: statement, nea, luxury, business, marketplace, led, highend, runway, model, today, technology, operandi, techcrunch, online, fashion, moda, raises.
• Multichannel Retail: Why One Marketplace Is No Longer Enough - Multichannel selling gets you more customers, brand recognition, and sales. But how does it work? This guide tells you everything you need to know.
  Topics: multichannel, channel, longer, marketplace, target, channels, multiple, retail, selling, sales, online, youre, customers.
• OLX Group invests up to $400M in used car marketplace Frontier Car Group at $700M valuation - Frontier Car Group, the Berlin-based startup building used car marketplaces targeting high-growth, emerging markets, has picked up another significant round of funding from a strategic backer also focusing on the same geographical opportunity. Today, OLX, the online classifieds division Prosus (the digital division of Naspers that listed earlier this year in Europe) announced that it […]
  Topics: techcrunch, invests, services, marketplace, frontier, group, valuation, million, business, 700m, shares, markets, olx, used, car.
• Online marketplace Tiki wins US$130 million funding - Vietnamese online marketplace Tiki has successfully raised US$130 million in its latest funding round led by Northstar Group.
  Topics: marketplace, value, online, company, million, funding, wins, vietnams, us130, investment, northstar, vietnamese, tiki.
• Otto wants its own payment service provider - German ecommerce company Otto wants to found a subsidiary to handle all payment functions. It’s the latest step, and a bold one, in the further development of Otto as an online platform. The major German ecommerce group Otto Group is still busy changing its flagship brand Otto.de from an online… Continue reading
  Topics: marketplace, handle, online, payment, ottos, provider, platform, wants, service, subsidiary, otto.
• Perch raises $123.5M to grow its stable of D2C brands that sell on Amazon - While Amazon gradually builds out its own-branded line of products, third-party sellers continue to account for a significant part of the transaction volume and growth on its marketplace — by one estimate, accounting for $200 billion of the $335 billion in gross merchandise value sold on Amazon in 2019. Today, in a twist on the […]
  Topics: stable, amazon, perch, d2c, platform, marketplace, products, grow, ecommerce, scale, 1235m, techcrunch, sales, sell, raises, brands.
• Portuguese marketplace Bizay raises €32 million - Bizay, a marketplace for customized products, has raised 32 million euros in a Series C round. The round was led by the European Investment Bank and Indico, with support from Iberis Capital and existing investors. Bizay is an online platform from Portugal that’s aimed at small-to-medium sized businesses. It allows… Continue reading
  Topics: million, raised, round, portuguese, supply, euros, orders, marketplace, raises, products, bizay, smbs, customized.
• ProfiCircle expands to Germany and Switzerland - ProfiCircle, a B2b marketplace from Romania that sells commercial equipment like pallet racks and industrial mezzanines, is expanding. The startup will launch its marketplace in Germany and Switzerland next month. For the expansion to Germany and Switzerland, ProfiCircle has created a network of partners that is constantly growing. The company… Continue reading
  Topics: romania, proficircle, switzerland, network, equipment, germany, startup, expands, thinks, industry, marketplace, wants.
• Rakuten is shuttering the online shop formerly known as Buy.com - Japanese conglomerate Rakuten has pulled the plug on its U.S. online retail store, originally known as Buy.com, and will wind down its operations over the next two months, the company confirmed to TechCrunch. The shutdown means that the U.S. headquarters will lay off its staff as well, meaning 87 people will lose their jobs, according […]
  Topics: shop, buycom, months, business, company, rewards, known, site, online, shuttering, techcrunch, store, retail, marketplace, rakuten.
• Regional marketplace Lozuka is booming - Online marketplaces are becoming more popular. This is also the case for regional platforms that bring local retailers and specialty stores together. One such example is Lozuka, which started in the German city Siegen, but is now, as a reaction to Covid-19, available to more regions. Over 25 local retailers… Continue reading
  Topics: webinar, sales, retailers, regional, shopping, platform, siegen, marketplace, lozuka, booming, local, covid19, customers.
• Secondhand fashion marketplace Vinted raises €128 million - Vinted, a marketplace from Lithuania, has raised 128 million euros in a round led by Lightspeed Venture Partners. With the money, the site where consumers can sell and buy second-hand fashion wants to accelerate its rapid growth across Europe. With the new funding round, Vinted is now valued at more… Continue reading
  Topics: vinted, million, euros, tech, fashion, data, platform, money, raises, turning, marketplace, secondhand.
• Secret Sales: 4,000% month-on-month revenue growth - Online fashion marketplace Secret Sales has seen its month-on-month revenue increase by 4,000 during the Covid-19 pandemic. At the beginning of the outbreak, the UK company transformed from a flash sales outlet into a premium ecommerce marketplace. Secret Sales was founded in 2007 by brothers Nish and Sach Kukadia. In… Continue reading
  Topics: website, secret, monthonmonth, griffin, products, revenue, sales, marketplace, growth, flash, ecommerce, platform, online.
• SellerX raises $118M to buy up and grow Amazon marketplace businesses - As Amazon’s Marketplace continues to grow and mature, a new opportunity has emerged in the world of e-commerce for a new breed of startups to consolidate the most promising of the smaller businesses that sell via Amazon’s platform, and build out their own economies of scale within that ecosystem. In the latest development, SellerX — […]
  Topics: raises, 118m, opportunity, grow, buy, goods, sellerx, million, marketplace, businesses, round, smaller, products, selling, amazon, techcrunch.
• Sendo wins funding, overtakes Tiki in Vietnam - Vietnamese e-commerce marketplace Sendo has secured a US$61 million Series C funding, just as its overtakes local archrival Tiki into second place in the market.
  Topics: vietnam, tiki, wins, marketplace, softbank, vietnamese, funding, ecommerce, million, ventures, overtakes, sendo, sellers.
• Should I Consider Adding a Marketplace to My Business Model? - As we continue to assess the implications of the COVID pandemic on consumer buying behaviors and expectations, brands will need to constantly evaluate their Go-To-Market strategies in order to remain relevant and be successful. In light of these new realities, Gartner has analyzed the market implications and published predictions you should consider as application leaders in their Predicts 2021 Report. So far we have addressed recommendations from the report that speak to the use of digital commerce platforms for B2B companies, shifts in product offerings and multiple go-to-market approaches. Up next, we will focus on the marketplace prediction. Gartner states “By 2023, 30% of enterprise marketplaces will transition into a majority third-party seller model for better profitability.”   What is a Third Party Seller Model? The emphasis on “enterprise marketplaces” is very crucial, because this doesn’t speak to our more renowned online marketplaces like Amazon, eBay and Alibaba, but rather to businesses that have mostly operated in analog mode before entering the digital space like Walmart. These types of businesses have or will essentially change their business model to open their ecosystem, provide new capabilities, and generate new sources of revenue. However, in the report, Gartner specifically calls out the “third-party seller model for better profitability,” and we think this directly correlates to consumers' drive and need for convenience.   The Drive for Convenience As consumers become smarter with their purchases, they spend more time researching their products by looking at the different offerings, assessing customer reviews, and comparing pricing. Many consumers are looking for a way to avoid the "review rabbit hole" by streamlining the process and cutting down on endless searching and scrolling. They shoppers welcome marketplaces as one of their first sources of information in their purchase cycle. According to a consumer survey by emarketer, about half of all searches start on marketplaces. When done right, Marketplaces, especially those who support a third party model, take user experience a notch above traditional digital commerce avenues. Not only are consumers able to save a trip to a physical store, but now they have a one stop shop to compare similar products without switching from site to site. This type of ease of use, convenience, and accessibility continues to attract shoppers presenting an opportunity for many brands to capitalize on.   How Will a Third Party Model Help Your Business? While it is widely known that sellers increase impressions and conversions by participating in a third party model marketplace, being the operator can carry even larger benefits. As the operator you can expect: Increase catalog size. Opening up your model allows for third parties to contribute their growing catalog of products and services to your existing one. This creates variety for consumers searching the marketplace and maximizes your selling potential. Customers are more likely to browse on a platform that doesn’t limit their choice of a provider. As such, even if they never considered a specific product or provider before, the mere access to it creates the potential for a new purchase.   Experience fewer out of stock scenarios. Demand for your products can be a great thing, except for when the supply doesn’t match- we all know you can’t sell what you don’t have. The third party model facilitates the fuelling of your marketplace inventory, to limit the chances of experiencing “out-of-stock” scenarios.   Lower fulfillment and inventory cost. In addition to the reduction of “out-of-stock” scenarios, third parties bear the cost of producing and fulfilling inventory. This will be especially beneficial if the cost of production of your products are high. If you aren't the one producing the products, you can re-route those funds to create awesome customer experiences that beat out the competition/ win the hearts & minds of more customers.   Customer loyalty. While many individual retailers are heavily competing to retain customers, it has been found that consumers prefer marketplaces over brands’ websites for repeat purchases. It was reported that while 50% of first purchases start at the retailer, 47% of shoppers choose marketplaces for repeat purchases. This gives you an opportunity to optimize your model to cater to returning customers.   New sources of revenue. As the operator of a marketplace, you will have more opportunities to grow revenue aside from direct selling. You could choose to: Charge a percentage or fixed fee for every transaction to merchants Employ a subscription or membership fee to consumers Run advertisements throughout the marketplaces No longer will you be limited to your direct sales and marketing efforts because now you have a team of vendors all working for your marketplace. Marketplaces can provide better buying experiences that keep customers coming back, so it’s no surprise that Gartner believes this model will lead to higher profitability. However, operating a third party model enterprise marketplace will require you to view competitors in a different light, reevaluate your strategy for the user experience, and consider the best interest of all participants of your ecosystem. A Composable Commerce approach can help you to quickly add a marketplace to your existing digital strategy through its open ecosystem. To learn more about the recommendations from Gartner, download the report here.
  Topics: consumers, purchases, operator, consider, gartner, adding, party, business, marketplaces, marketplace, revenue, products, model.
• Singapore’s Qoo10 acquires Indian online marketplace ShopClues - Qoo10, a Singapore-based e-commerce firm, has acquired India’s online marketplace ShopClues in an all-stock deal, the two companies said Thursday. The deal, which per two people familiar with the matter valued ShopClues between $50 million and $80 million, ends years-long struggle at the Indian firm, which was valued at $1.1 billion in 2016, to find […]
  Topics: raised, global, deal, venture, online, singapores, qoo10, indian, acquires, company, companies, shopclues, valued, techcrunch, million, marketplace.
• SnackMagic picks up $15M to expand from build-your-own snack boxes into a wider gifting marketplace - The office shut-down at the start of the COVID-19 pandemic last year spurred huge investment in digital transformation and a wave of tech companies helping with that, but there were some distinct losers in the shift, too — specifically those whose business models were predicated on serving the very offices that disappeared overnight. Today, one […]
  Topics: business, marketplace, company, working, products, different, snackmagic, picks, wider, techcrunch, platform, snack, gifting, items, companies, snacks, boxes, expand, buildyourown.
• Spain’s Wallapop raises $191M at an $840M valuation for its classifieds marketplace - Through all of the last year’s lockdowns, venue closures and other social distancing measures that governments have enacted and people have followed to slow the spread of COVID-19, shopping — and specifically e-commerce — has remained a consistent and hugely important service. It’s not just something that we had to do; it’s been an important […]
  Topics: cassedy, classifieds, company, strong, 840m, growing, business, million, goods, big, market, techcrunch, wallapop, 191m, valuation, marketplace, raises, spains.
• Spanish ecommerce growth fueled by AliExpress - Ecommerce in Spain is ready to grow. And for the next three years, it’s predicted to grow faster than other countries in Western Europe. One of the factors responsible for this development is AliExpress. For the Alibaba Group, Spain is the starting point of its growth in Western Europe. Ecommerce… Continue reading
  Topics: spain, spanish, online, aliexpress, sellers, inglés, ecommerce, growth, fueled, western, marketplace, store.
• Startup launches innovative new product that pays Amazon marketplace sellers daily - Third-party sellers are the dominant driver of sales on Amazon’s marketplace, accounting for 58% of its total (and growing). We know that the pandemic, ironically, has been good for Amazon, which has reported net sales in Q1 up by 26% year-over-year, given that much of the world has reverted to ordering online. However, the payment […]
  Topics: sellers, twoweek, innovative, daily, techcrunch, launches, instapay, online, startup, pays, marketplace, product, companies, sales, amazon.
• Storage marketplace Warehouse Exchange raises $2.2M - Warehouse Exchange, a startup that describes itself as the Airbnb of warehouse space, has raised $2.2 million in seed funding. The company was founded Jonathan Rosenthal (CEO of Saybrook Management) and Dan Pimentel (previously CFO/COO of startup Hub TV). They recently brought on former eHarmony CEO Grant Langston as Warehouse Exchange’s chief executive. Langston admitted […]
  Topics: ecommerce, 22m, startup, raises, marketplace, companies, warehouses, warehouse, techcrunch, exchange, company, storage, usually, langston, space.
• Storetasker revamps its Shopify developer marketplace - Storetasker is an online marketplace focused on connecting Shopify merchants with developers and other experts who can help grow their business. The product is now owned by the startup previously known as Lorem. Co-founder and COO Charlie Fogarty explained that while Lorem originally had a broader mission of connecting small businesses and developers, “We realized […]
  Topics: customer, project, developer, weve, revamps, talent, shopify, techcrunch, marketplace, fogarty, experts, network, storetasker, product.
• Target Global leads $150M round for Amazon Marketplace consolidator Branded - There’s been a profusion of startups emerging in the last year around the concept of rolling up smaller e-commerce businesses — operations that mainly sell and distribute their products on marketplace platforms like Amazon’s — using economies of scale to bring them together to run and grow them more efficiently. Today, one of the latest […]
  Topics: round, target, techcrunch, global, 150m, companies, brands, sellers, smaller, partner, opportunity, branded, amazon, marketplace, leads, businesses, consolidator.
• TaskRabbit is resetting customer passwords after finding ‘suspicious activity’ on its network - TaskRabbit has reset an unknown number of customer passwords after confirming it detected “suspicious activity” on its network. The IKEA -owned online marketplace for on-demand labor said it reset user passwords out of an abundance of caution and that it “took steps to prevent access to any user accounts,” a TaskRabbit spokesperson told TechCrunch. The […]
  Topics: techcrunch, network, reset, marketplace, passwords, attack, later, company, activity, customer, resetting, users, security, suspicious, taskrabbit, finding.
• The eBay Marketplace: Opportunities for Ecommerce Shops + eBay Statistics in 2020 - Online marketplaces keep growing in popularity as an ecommerce strategy. From a seller’s perspective, they are capitalizing on an existing flow…
  Topics: ebay, marketplace, listing, business, selling, fascinating, ecommerce, youre, sales, site, statistics, products.
• Trouva, an online marketplace for independent boutiques, raises $22M - Amazon helped pioneer and now dominates the online marketplace business model, where a variety of merchants post items for sale on its platform for billions of consumers to discover and buy them. Today, a London startup that’s taken that idea but is applying it to a far more curated set of retailers and goods has […]
  Topics: independent, boutiques, amazon, sell, marketplace, 22m, stores, retailers, online, singh, shops, techcrunch, buy, raises, trouva.
• Trouva, marketplace for boutiques, raises €20 million - Trouva, an online marketplace for bricks-and-mortar boutiques, has raised 17 million pounds (20 million euros). The UK company wants to use the money to accelerate its expansion across Europe and beyond. Currently, Trouva is active in the United Kingdom and several big cities across Europe. In June last year, it… Continue reading
  Topics: trouva, online, products, wants, data, million, ventures, raises, marketplace, shops, boutiques.
• UK’s Drover raises $26M to take its car subscription marketplace to Europe - The future of transportation is in flux, and that continues to provide opportunities for tech companies to build solutions to provide new ways for us to get from A to B. In the latest development, a startup out of the U.K. called Drover that provides access to flexible car subscriptions for private users — longer […]
  Topics: global, leuschner, drover, techcrunch, subscription, car, cars, ownership, europe, 26m, private, vehicles, marketplace, uks, companies, raises, ventures.
• Ula raises $20 million to expand its e-commerce marketplace in Indonesia - Tokopedia, Lazada, Shopee, and other firms created an e-commerce market in Indonesia in the past decade, making it possible for consumers to shop online in the island nation. But as is true in other Asian markets, most small retailers and mom-and-pop stores in the Southeast Asian country still face a myriad of challenges in sourcing […]
  Topics: retailers, million, retail, india, capital, small, techcrunch, chain, marketplace, ecommerce, market, raises, ula, supply, expand, markets, indonesia.
• Unpacking Poshmark’s IPO filing - The market will decide how valuable Poshmark is. But who will it enrich with its final pricing decision? Let's find out.
  Topics: poshmark, net, marketplace, unpacking, ipo, public, techcrunch, filing, poshmarks, million, goods, users, company.
• Vinted launches in Italy - Secondhand fashion marketplace Vinted has launched in Italy. This is the 13th market where the online platform from Lithuania has opened its digital doors. Launching in Italy has been an obvious decision, the company says on its LinkedIn page. “And it’s an exciting step for us, as Italy is a… Continue reading
  Topics: market, launches, fashion, launched, marketplace, lithuania, netherlands, united, italy, platform, vinted.
• Vinted, the second-hand clothes marketplace, raises $141M at a $1B+ valuation - The market for second-hand clothes — the “circular economy” as it’s sometimes called — has been on the rise in the last several years, fuelled by economic crunches, a desire to make more responsible and less wasteful fashion choices, and a wave of digital platforms that are bringing the selling and buying of used clothes […]
  Topics: vinted, techcrunch, 1b, 141m, million, users, europe, valuation, fashion, platform, company, raises, clothes, market, marketplace, secondhand.
• Walmart Expands Marketplace, Challenging Amazon - Walmart’s U.S. ecommerce sales in the last quarter of 2020 increased by 69 percent year-over-year while its total sales grew only 7.3 percent. The message is clear: future growth will depend on ecommerce.
  Topics: sellers, expands, fee, amazons, products, sales, merchants, amazon, delivery, challenging, marketplace, walmart.
• Walmart Marketplace seller additions surge following Shopify deal, up 3x from January - Walmart’s recent partnership with Shopify to expand its online marketplace appears to already be paying off.  The retailer in June announced it was opening its marketplace to Shopify’s small business sellers with the goal of onboarding 1,200 new sellers by the end of 2020. Following the Shopify announcement, the marketplace added 3,000 more sellers in […]
  Topics: walmart, surge, deal, growth, marketplace, million, techcrunch, additions, 3x, following, sellers, added, seller, walmarts, firm, shopify.
• Walmart partners with Shopify to expand its online marketplace - Walmart this morning announced a new partnership with e-commerce shopping platform, Shopify, now used by over 1 million businesses. The deal will open Walmart’s Marketplace to Shopify’s small business sellers, with the goal of bringing 1,200 Shopify sellers to the marketplace this year. The partnership will greatly expand the reach of the participating brands by […]
  Topics: sellers, partnership, million, business, walmarts, walmart, shopifys, partners, techcrunch, marketplace, expand, shopify, online, small.
• Wardrobe picks up $1.5 million for a new fashion rental marketplace - Wardrobe, a new peer-to-peer fashion rental marketplace, has today announced the close of a $1.5 million seed round and its public launch out of beta. The funding was led by angel investor Cyan Banister and Ludlow Ventures, with participation from GroundUp Ventures, Shrug Capital, Airbnb cofounder Nate Blecharczyk and HQ Trivia founder Rus Yusupov, among […]
  Topics: marketplace, alphons, wear, wardrobe, users, rental, shipping, techcrunch, picks, ventures, dry, million, clothes, items, fashion.
• WeFarm rakes in $13M to grow its marketplace and network for independent farmers - Huge networks like Facebook and LinkedIn have a huge gravitational force in the world of social media — the size of their audiences make them important platforms for advertising and those who want information (for better or worse) to reach as many people as possible. But alongside their growth, we’re seeing a lasting role for […]
  Topics: wefarm, growth, users, marketplace, grow, working, million, goods, independent, rakes, true, network, 13m, techcrunch, ewan, farmers.
• What to Look for When Extending Magento with Custom Code or An Extension - Important considerations for customizing your Magento store with Magento Marketplace extensions and custom code
  Topics: bounteous, module, platform, extending, way, look, extensions, custom, ways, magento, extension, code, marketplace.
• Where StockX fits in the business of sneakers - E-commerce startups and tech companies have sprouted up to target this connected cultural consumer, and StockX has had to run quickly to maintain its product and marketplace lead.
  Topics: marketplace, culture, hype, shop, platform, market, sneaker, stockx, business, techcrunch, sneakers, fits, instagram.
• Wholesale marketplace Abound raises $22.9M - Abound, an online marketplace that helps independent retailers stock their shelves with new products from up-and-coming brands, is announcing that it has raised $22.9 million in its first institutional round of funding. CEO Bill Shope founded the company with Niklas de la Motte and Drew Sfugaras. He told me that small retailers are constantly on […]
  Topics: retailers, shope, products, raises, marketplace, abound, ventures, 229m, trade, thats, brands, wholesale, techcrunch, team, store.
• Wholesale marketplace Ankorstore raises €25 million - Ankorstore, a wholesale marketplace from France, has raised 29.9 million dollars (25 million euros) in a Series A round. Index Ventures led the round, while existing investors GFC, Alven and Aglaé participated. At the moment, Ankorstore is live in eight countries across Europe. It started in France last year, but… Continue reading
  Topics: order, ankorstore, round, wholesale, france, million, marketplace, retailers, brands, shop, independent, raises.
• Why Ikea and Nike have walked away from Amazon - When major global brands like Ikea and Nike announce they are exiting a major global platform like Amazon, it is clear that a strategic shift is in the making
  Topics: amazon, ikea, marketplace, brands, away, brand, walked, market, amazons, nike, looking, direct.
• Will Amazon’s Appstore Attract Indian Sellers? - Amazon announced in August that its Marketplace Appstore has expanded to India, Europe, Japan, and Australia. The aim, Amazon stated, is to help sellers “identify trusted third-party applications that complement ...
  Topics: amazon, thirdparty, marketplace, seller, amazons, india, apps, developers, help, sellers, attract, indian, appstore.
• Winners on Prime Day 2020? Non-Amazon Sites - Amazon’s delayed 2020 Prime Day event ran for two days — October 13 and 14 — as it did last year. While it does not release total revenue for Prime Day, Amazon touted in 2019 that Prime Day sales exceeded the prior year’s Black Friday and Cyber Monday sales combined. This year Amazon did not make such a claim.
  Topics: event, sites, deals, amazon, nonamazon, prime, day, holiday, winners, marketplace, sellers, sales.
• With $8 million to consolidate Amazon’s top marketplace sellers, Perch makes its first deals - After raising $8 million in November to roll up top Amazon marketplace companies, the new Boston-based startup Perch has begun putting that money to work in its first few deals. The brainchild of Chris Bell, formerly Wayfair’s head of logistics and a Bain & Co. principal, Perch is well-positioned to serve as unifier of a […]
  Topics: product, bell, million, consolidate, finkelstein, amazon, amazons, niche, techcrunch, perch, makes, marketplace, deals, products, sellers, going.
• Zalora launches partnership with StyleTribute - Asian online fashion platform Zalora has entered into a partnership with luxury marketplace reseller StyleTribute.
  Topics: step, shoppers, fashion, launches, luxury, preloved, marketplace, styletribute, partnership, sustainable, zalora.
• Zetwerk, an 18-month-old Indian B2B marketplace for manufacturing items, raises $32M - Zetwerk, an Indian business-to-business marketplace for manufacturing items, has closed a significantly large financing round as it scales its operations in the nation and also helps local businesses find customers overseas. The 18-month-old startup said on Wednesday it has raised $32 million in a Series B financing round led by Lightspeed and Greenoaks Capital. Zetwerk […]
  Topics: items, capital, 32m, manufacturing, 18monthold, clients, techcrunch, b2b, acharya, raises, manufacturers, marketplace, startup, workshops, customers, zetwerk, india, indian.