GMV

EQS-News: The Platform Group AG announces outlook for 2024 - record year expected

Retrieved on: 
Tuesday, January 30, 2024
B2C, GMV, Investment, EUR, TPG, Cryptocurrency

The Platform Group AG (ISIN DE000A200QEFA1, “TPG”), a leading software company for platform solutions, announces its forecast for the financial year 2024.

Key Points: 
  • The Platform Group AG (ISIN DE000A200QEFA1, “TPG”), a leading software company for platform solutions, announces its forecast for the financial year 2024.
  • Business areas that were closed in 2023 or will be closed in 2024 are no longer included in the forecast for 2024.
  • Dr. Dominik Benner, CEO of TPG AG: “We are expecting a new record year in 2024, both in terms of revenue and earnings.
  • The Platform Group AG is a software company that is active in 19 sectors with its own platform solutions.

EQS-News: Westwing Group SE Trading Update: Westwing continued with profitable growth in Q4 2023 and confirms updated FY 2023 guidance

Retrieved on: 
Tuesday, January 30, 2024
Social media, Annual report, Adjustment, GMV, Collection, EUR, FY, Growth, Pharmaceutical industry

Westwing Group SE Trading Update: Westwing continued with profitable growth in Q4 2023 and confirms updated FY 2023 guidance

Key Points: 
  • Westwing Group SE Trading Update: Westwing continued with profitable growth in Q4 2023 and confirms updated FY 2023 guidance
    The issuer is solely responsible for the content of this announcement.
  • Westwing Group SE Trading Update: Westwing continued with profitable growth in Q4 2023 and confirms updated FY 2023 guidance
    Westwing´s GMV in the fourth quarter of 2023 reached EUR 147 million, with an increase of +4% year-over-year.
  • Management expects Adjusted EBITDA in the upper half of the updated FY 2023 guidance of EUR +13 million to EUR +19 million.
  • Westwing achieved positive Free Cash Flow in the fourth quarter of 2023 and FY 2023, resulting in a net cash increase year-over-year.

Jiuxian Liangge of the Jiuxian Group Sets New Record for Online Liquor Sales by Exceeding 100 Million Mark in Livestreaming

Retrieved on: 
Monday, January 29, 2024
Social Media, Other Retail, Wine & Spirits, Specialty, Communications, Food, Beverage, Online Retail, Retail, Social media, Multimedia, Sale, GMV, Stock, Conference, Tmall, Keynote

Renowned Chinese liquor manufacturer, Jiuxian Group has proudly announced that its subsidiary Jiuxian Liangge has set a new record for online liquor sales by exceeding 100 million sales in its livestreaming sales session.

Key Points: 
  • Renowned Chinese liquor manufacturer, Jiuxian Group has proudly announced that its subsidiary Jiuxian Liangge has set a new record for online liquor sales by exceeding 100 million sales in its livestreaming sales session.
  • Jiuxian Liangge is the leading livestreamer of Taobao’s Liquor selling via livestreaming, as well as a senior sommelier of Jiuxian Group.
  • The Head Livestreamer of Taobao Liquor, Jiuxian Liangge attracts fans with his professional liquor knowledge, personalized scene marketing and humorous livestreaming style.
  • According to the Chairman, bestselling drinks of the groups such as ‘Lafeige’ and ‘Jiuxian Liangge’ got globally successful due to the livestreaming promotion online.

PROG Holdings Announces Cost Savings Actions

Retrieved on: 
Thursday, January 25, 2024
Professional Services, Payments, Data Management, Technology, Software, Finance, Fintech, Workforce, GMV, EPS, Build

PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Vive Financial, Four Technologies, and Build, today announced several actions as a continuation of cost reduction initiatives expected to result in annual pre-tax savings for the Company.

Key Points: 
  • PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Vive Financial, Four Technologies, and Build, today announced several actions as a continuation of cost reduction initiatives expected to result in annual pre-tax savings for the Company.
  • These additional actions, which include a reduction in workforce, the termination of certain independent sales agent agreements, and office space consolidation, are intended to drive efficiencies within the Company’s cost structure while enabling it to remain committed to funding growth-related initiatives.
  • The Company believes that these actions, which are expected to be substantially completed during the first quarter of 2024, will result in annualized pre-tax savings of approximately $15 million.
  • PROG Holdings will discuss these actions and provide additional updates on its business during its fourth quarter earnings call on Wednesday, February 21, 2024, which can be accessed via the Company’s Investor Relations website, https://investor.progholdings.com/ .

Social Commerce Sector in South Africa Poised for Robust Growth, 2023 Report with Forecasts to 2028

Retrieved on: 
Friday, January 26, 2024
Research, Social commerce, Diving, GMV, C2C, Operational definition, Consumer, Food, Beauty, Personal care, Clothing, African, Growth, Retail

The latest industry report showcasing a comprehensive analysis of the South African social commerce market has been published, highlighting significant growth and opportunities within this emerging sector.

Key Points: 
  • The latest industry report showcasing a comprehensive analysis of the South African social commerce market has been published, highlighting significant growth and opportunities within this emerging sector.
  • The data-driven approach of the databook outlines the expected surge in the social commerce industry in South Africa, with projections showing a remarkable 60.6% rise to reach a market value of US$1.40 billion in 2023.
  • The databook provides an analytic roadmap for understanding the market dynamics of social commerce in South Africa, delivering precise insights into the sector's size, forecast, and market shares.
  • The report breaks down numerous aspects of the South African social commerce market, including:
    Comprehensive market size and growth dynamics, benchmarked against KPIs from 2019 to 2028.

Spain Social Commerce Market Set to Expand with Strong Growth Potential through 2028

Retrieved on: 
Friday, January 26, 2024
Social commerce, GMV, Operational definition, Research, Pulse, Retail

DUBLIN, Jan. 25, 2024 /PRNewswire/ -- The "Spain Social Commerce Market Intelligence and Future Growth Dynamics Databook - 50+ KPIs on Social Commerce Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q2 2023 Update" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 25, 2024 /PRNewswire/ -- The "Spain Social Commerce Market Intelligence and Future Growth Dynamics Databook - 50+ KPIs on Social Commerce Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q2 2023 Update" report has been added to ResearchAndMarkets.com's offering.
  • With the digital marketplace evolving at an unprecedented pace, a significant shift in consumer purchasing behavior has been observed, leading to a surge in social commerce activities.
  • A comprehensive new market intelligence databook focusing on Spain's burgeoning social commerce sector has been recently published, presenting nuanced insights into this rapidly growing industry.
  • The insightful report predicts the social commerce industry in Spain to experience a notable upsurge, projecting a robust 33.6% annual increase to reach a market size of US$5.93 billion in 2023.

Taiwan Social Commerce Sector to Surge with Forecasted 31.7% Annual Growth, Reaching US$1.92 Billion in 2023

Retrieved on: 
Thursday, January 25, 2024
Clothing, Research, Social commerce, Electronics, GMV, C2C, Operational definition

The social commerce industry in Taiwan is poised for significant expansion, with an anticipated growth rate of 31.7% year-on-year, culminating in a market valuation of US$1.92 billion in 2023.

Key Points: 
  • The social commerce industry in Taiwan is poised for significant expansion, with an anticipated growth rate of 31.7% year-on-year, culminating in a market valuation of US$1.92 billion in 2023.
  • The sector demonstrates a robust upward trend, with projections of a compound annual growth rate (CAGR) of 27.6% from 2023 to 2028, subsequently ushering the social commerce Gross Merchandise Value (GMV) in Taiwan to an estimated US$6.51 billion by the end of the forecast period.
  • This invigorating uptrend signifies a sizeable shift in consumer buying patterns and the integration of social platforms with ecommerce activities.
  • An exploration of diverse social commerce platforms, like video commerce and social network-led avenues.

EQS-News: EU Earth observation: OHB System AG has been awarded a contract for the development phase of the Copernicus Sentinel-2 Next Generation

Retrieved on: 
Wednesday, January 17, 2024
Farmer, Next Generation, AMOS, Forestry, Food security, ESA, Ceramic, GMV, Climate change, OHB, Orbit, Polytechnic University of Turin, Climate, Plant, Consultant, Australian Space Agency, CSL, European Space Agency

Therefore, work is already underway to develop the next generation of Sentinel-2 satellites for the European Earth observation programme Copernicus.

Key Points: 
  • Therefore, work is already underway to develop the next generation of Sentinel-2 satellites for the European Earth observation programme Copernicus.
  • The OHB System AG, a subsidiary of the space and technology group OHB SE, has been contracted by the European Space Agency (ESA) for the mission and system definition of the Next Generation Sentinel-2 mission, and to prepare the following implementation phase.
  • Two parallel contracts of a volume of six million euros each and a nominal duration of 2.5 years have been awarded by ESA for this so-called definition phase.
  • Their high-resolution, multispectral images in the optical and near-infrared range between 443 and 2190 nanometres observe the condition of soils and plants.

fabric Launches Industry-First Commerce Platform With Native OMS, Supercharging Retailer Conversions and Outcomes

Retrieved on: 
Tuesday, January 16, 2024
NRF, PwC, Level, AOV, Partnership, GMV, Risk, Commerce, Stock, Cyber Monday, OMS, Level 3, Heart, Element, Black Friday, Retail

NEW YORK, Jan. 16, 2024 (GLOBE NEWSWIRE) -- NRF 2024 -- fabric , the creators of the next-generation commerce platform, today announced the availability of fabric Order Management System (OMS) .

Key Points: 
  • NEW YORK, Jan. 16, 2024 (GLOBE NEWSWIRE) -- NRF 2024 -- fabric , the creators of the next-generation commerce platform, today announced the availability of fabric Order Management System (OMS) .
  • Native to the fabric commerce platform, fabric OMS unlocks commerce services like dropship, to streamline real-time inventory and order management.
  • fabric has weaved OMS into the heart of commerce and tied it together with foundational commerce services that bring shopping and fulfillment together to fuel those experiences.
  • We look forward to the ongoing relationship with fabric as they continue to revolutionize commerce for everyone,” said Keith Schwartz, CEO, Bounteous.

Deposco Sees 26% Spike in Customer Orders and 48% Higher GMV Year Over Year During Cyber Week 2023

Retrieved on: 
Tuesday, January 16, 2024
YOY, GMV, Professional services, Cyber Monday, OMS, Black Friday, WMS, Monday

ATLANTA, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Deposco, the omnichannel fulfillment supply chain solutions platform for brand owners, retailers, ecommerce, and 3PL companies, announced significant year-over-year increases in both Total Order Volume (TOV) and Gross Merchandise Value (GMV) of transactions processing through its fulfillment platform during Cyber Week 2023.

Key Points: 
  • In addition, Deposco’s GMV over Cyber Week grew 48 percent YOY.
  • Although the platform’s largest order day was Black Friday, the highest GMV day for Deposco was Cyber Monday, up 51 percent YOY.
  • “Peak season is no longer just the holiday season,” said Josh Lett, senior vice president of Professional Services, Deposco.
  • “Our Cyber Week performance metrics underscore Deposco’s commitment to help businesses pivot with new challenges and capitalize on seasonal demand,” Gibson added.