article thumbnail

One to watch: APAC goes all in on social commerce

Inside Retail

During periods of lockdown, social media emerged as a key form of communication, opening an opportunity for retailers to accelerate the development of social commerce in the APAC region. China continues to lead the world in social commerce. This growth was largely driven by Covid-19.

article thumbnail

Century 21 Continues Ecommerce Expansion with TikTok Shop Debut

Retail TouchPoints

The partners have been working together since 2018 to bring Century 21’s constantly evolving slate of off-price designer merchandise to online shoppers, via weekly live shopping events on the ShopShops app and Century 21’s Instagram.

Shopping 265
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Walmart-Owned Flipkart Raises $3.6B to Fund Next Stage of Growth in India

Retail TouchPoints

In 2018, Walmart beat out Amazon for a majority interest in the company, spending $16 billion for a 77% stake. The new funding is a major vote of confidence in the potential of digital commerce in India, still a relatively nascent market. Myntra, which the group acquired in 2014, is among the leaders in the fashion category in India.

Wholesale 253
article thumbnail

What is an ‘everything app’ and why does Elon Musk want to make one?

Inside Retail

In 2018, some Chinese cities began testing WeChat for an electronic identification system that would be tied to users’ accounts, according to the South China Morning Post. Yes, Snapchat parent Snap Inc previously introduced peer-to-peer payments called Snapcash, but ended the feature in 2018.

article thumbnail

Exclusive CEO Q&A: How LUXIE Is Pivoting To Win Older Shoppers

Retail TouchPoints

Riley : When I first came on board as CEO in February 2018, I wanted to get us out in front of a lot of consumers. We’ve created multiple Instagram accounts that target different parts of the world. We participated in events like Coachella , partnered with two other beauty brands and launched the subscription box.

Checkout 191
article thumbnail

Jason & Scot Show Episode 268 – Amazon Prime Day Recap with ChannelAdvisor CEO David Spitz

Retail Geek

Jason: [5:17] Yeah and I by all accounts those have been the best 15 years in the history of channeladvisor’s by. 45:55] Big trend is social commerce and Tick-Tock right and so one of the things I was super interested in was. Scot: [5:23] No doubt about it absolutely.

Apparel 66