Non-store retailing

LightInTheBox Makes Urgently Needed Medical Supplies Globally Available to Support Fight Against COVID-19

Friday, March 27, 2020 - 1:44am

BEIJING, March 26, 2020 /PRNewswire/ --LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), a cross-border e-commerce platform that delivers products directly to consumers around the world, today announced that it is making urgently needed medical supplies globally available to support the fight against the COVID-19 pandemic.

Key Points: 
  • BEIJING, March 26, 2020 /PRNewswire/ --LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), a cross-border e-commerce platform that delivers products directly to consumers around the world, today announced that it is making urgently needed medical supplies globally available to support the fight against the COVID-19 pandemic.
  • "As COVID-19 continues to cause disruption to the global economy, we have been leveraging our dynamic platform and working with suppliers across China to make urgently needed medical supplies available globally," commented Mr. Jian He, Chief Executive Officer of LightInTheBox.
  • We will continue to do our best to work with our suppliers in helping the global fight against COVID-19."
  • LightInTheBox is a cross-border e-commerce platform that delivers products directly to consumers around the world.

Growth Opportunities in the Asia-Pacific B2B Payments Market (2020 to 2025) - Featuring Visa, Mastercard & Invapay Among Others - ResearchAndMarkets.com

Thursday, March 26, 2020 - 9:49am

The "Growth Opportunities in the Asia-Pacific B2B Payments Market, Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Growth Opportunities in the Asia-Pacific B2B Payments Market, Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
  • Asia-Pacific's B2B payments market is being spurred by a growing B2B eCommerce market and by the appearance of financial technology (fintech) participants that recognize increasing market opportunities.
  • B2B Payment Solution Providers Profiled:
    What are the trends within the B2B payments landscape in Asia-Pacific?
  • When is the digital B2B payments market projected to grow in Asia-Pacific, and what are the expected growth rates?

ZON, the Region's First Fully Decentralized Mobile E-commerce Platform, Closes UAE's Largest Ever Seed Funding Round

Thursday, March 26, 2020 - 6:00am

DUBAI, UAE, March 26, 2020 /PRNewswire/ -- ZON, the region's first fully decentralized mobile-only e-commerce network, has closed its seed funding round at an unprecedented US$8 million, making it the largest recorded single seed round in the UAE.

Key Points: 
  • DUBAI, UAE, March 26, 2020 /PRNewswire/ -- ZON, the region's first fully decentralized mobile-only e-commerce network, has closed its seed funding round at an unprecedented US$8 million, making it the largest recorded single seed round in the UAE.
  • The seed round was led by ASA Ventures and a consortium of private investors looking to support the disruption of the e-commerce sector in the region and beyond.
  • ZON also empowers the digital transformation of smaller retailers, giving them direct exposure to more customersby providing a plug-and-play mobile platform completely free of charge.
  • More recently, due to mobility restrictions and fear of going to public places, consumers are turning to e-commerce for their daily needs."

The Indian e-commerce packaging market was valued at USD 451.4 million in 2019, and it is expected to reach USD 975.4 million by 2025, registering a CAGR of 13.8% during the period of 2020-2025

Wednesday, March 25, 2020 - 4:10pm

The Indian e-commerce packaging market was valued at USD 451.4 million in 2019, and it is expected to reach USD 975.4 million by 2025, registering a CAGR of 13.8% during the period of 2020-2025.

Key Points: 
  • The Indian e-commerce packaging market was valued at USD 451.4 million in 2019, and it is expected to reach USD 975.4 million by 2025, registering a CAGR of 13.8% during the period of 2020-2025.
  • Owing to the rising population, increasing income levels, changing lifestyles, and growing economy, the demand for e-commerce packaging is growing in India.
  • With the increase in the usage of the internet across the country, the penetration of online retailing is growing.
  • According to IBEF, internet users in India are expected to increase from 665.31 million, as of June 2019, to 829 million by 2021.

Global Home Fitness Equipment Market (2020 to 2025) - Featuring Nautilus, Johnson Health Tech & Technogym Among Others - ResearchAndMarkets.com

Wednesday, March 25, 2020 - 2:27pm

Growth in online category sales of home fitness equipment has been one of the overarching trends in the review period (2016-2019).

Key Points: 
  • Growth in online category sales of home fitness equipment has been one of the overarching trends in the review period (2016-2019).
  • Online stores offer manufacturers the opportunity to reach more customers without having to spend on costly sales and distribution infrastructure.
  • Moreover, logistics by e-commerce channels have shown tremendous adaptability to the shipping and delivery of large-sized products such as fitness equipment.
  • Increased awareness about healthy lifestyles and higher disposable income has led the North American region to dominate the global market for home fitness equipment.

Modetize, a Multi-Platform Distribution Solution for Content Creators, has Just Debuted

Tuesday, March 24, 2020 - 2:00pm

Modetize streamlines content distribution by connecting to all platforms, subscription based social media, cam sites, clip stores, and even Pay Per View.

Key Points: 
  • Modetize streamlines content distribution by connecting to all platforms, subscription based social media, cam sites, clip stores, and even Pay Per View.
  • Studios can create multiple profiles within their account, and every profile has a unique dashboard to manage each performer's custom content distribution plan.
  • Modetize is the premier content distribution service for influencers, models, photographers, and studios.
  • With multiple plans of service, every content creator can make content distribution a breeze, manifesting more time to focus on growing both audience and revenue streams.

MarqVision Launches a Vision AI Solution to Save Operational Costs of E-Commerce Companies

Tuesday, March 24, 2020 - 12:32pm

BOSTON, March 24, 2020 /PRNewswire/ --MarqVision, an AI-based SaaS company, recently launched its video verification solution, MARQ, that helps online retailers reduce operational costs arising from false customercomplaints.

Key Points: 
  • BOSTON, March 24, 2020 /PRNewswire/ --MarqVision, an AI-based SaaS company, recently launched its video verification solution, MARQ, that helps online retailers reduce operational costs arising from false customercomplaints.
  • With MARQ, e-commerce companies can reduce operational costs arising from false customercomplaints.
  • "In 2018 alone, false customer complaints cost e-commerce companies about $88 billion collectively," said MarqVision CEO and co-founder Mark Lee.
  • Founded in 2019 by computer scientists and operations experts from Harvard University and MIT, MarqVision is headquartered in Boston, Massachusetts.

Experts at Infiniti Research predict a bright future for the e-commerce sector in Canada: Here’s why

Tuesday, March 24, 2020 - 1:16pm

A well-known market intelligence company, Infiniti Research, has announced the completion of its latest article - The flourishing future of e-commerce in Canada .

Key Points: 
  • A well-known market intelligence company, Infiniti Research, has announced the completion of its latest article - The flourishing future of e-commerce in Canada .
  • The e-commerce sector in Canada continues to gain momentum, giving the future of e-commerce in the region a positive signal for growth.
  • Though the future of e-commerce in Canada looks bright, the fact remains that not all Canadian provinces are experiencing the same e-commerce growth.
  • Infiniti Research studies markets in more than 100 countries to help analyze competitive activity, see beyond market disruptions, and develop intelligent business strategies.

 Juniper Research: Global eRetail Transaction Values to Reach $4.8 Trillion by 2024, Driven by Developing Markets

Tuesday, March 24, 2020 - 7:00am

A new report from Juniper Research found that total eRetail transaction values will reach $4.8 trillion by 2024, up from $3.3 trillion in 2020.

Key Points: 
  • A new report from Juniper Research found that total eRetail transaction values will reach $4.8 trillion by 2024, up from $3.3 trillion in 2020.
  • This growth will be driven by emerging markets, with China having 62% value growth over the next 4 years.
  • The research found that mobile payments not requiring a linked bank account offer significant possibilities for eCommerce payments in developing markets.
  • Juniper Research provides research and analytical services to the global hi-tech communications sector; providing consultancy, analyst reports and industry commentary.

KinerjaPay Corp. Expects to Receive Its First MT-799 for $25 million by March 31st

Monday, March 23, 2020 - 1:00pm

The Company has an established line of credit with China Construction Bank, Jakarta for US$25 million.Mr.

Key Points: 
  • The Company has an established line of credit with China Construction Bank, Jakarta for US$25 million.Mr.
  • KinerjaPay enables consumers to "Pay, Play and Buy" through its secure web portal and mobile applications.
  • KinerjaPay is also planning to launch other eCommerce verticals such as travel market, delivery services, and online gaming in the near future.
  • There you will find access to all of our past press releases and SEC filings regarding the activities discussed in this release.