Original article: https://www.fastcompany.com/90828954/era-of-dtc-brands-is-over-heres-what-the-next-generation-of-startups-looks-like
For a decade, DTC startups like Warby Parker and Everlane created a playbook for how to launch a successful brand. A new generation of founders wants to chart a different path.
When fashion industry veteran Marina Larroudé decided to launch her eponymous line of heels
in 2020, she made the deliberate decision not to follow in the footsteps of fast-growing direct-to-consumer shoe startups like M.Gemi, Tamara Mellon, and Rothy’s.
Original article: https://www.fool.com/investing/2022/12/20/good-news-for-amazon-e-commerce-is-turning-corner/
One analyst thinks e-commerce growth is starting to accelerate.
4.62%) is one of the best-performing stocks of the last generation, but its 2022 returns are a reminder that past performance isn't a guarantee of future returns. Shares of the tech giant are closing out the year down nearly 50% as it's faced a slew of challenges that have left it looking decidedly vulnerable.
The company is closing warehouses and laying off 10,000 corporate employees. It's shuttering once-promising businesses like Amazon...
Original article: https://www.techinasia.com/bytedance-sees-208b-spending-douyins-ecommerce-service
The gross merchandise volume of TikTok Shop – the short-video app’s ecommerce arm – in Southeast Asia reached US$4.4 billion in 2021, The Information
reported, citing two sources briefed on the numbers.
Since early 2022, TikTok Shop has moved quickly and aggressively in the region to roll out new features, offer incentives, and seal partnerships with ecommerce enablers and logistics partners, as Tech in Asia previously
Sources also told The Information
TikTok parent company ByteDance is looking to expand to become a music distribution platform, WSJ citing anonymous sources. The company's Resso streaming service currently only serves India, Indonesia and Brazil. But plans are in the works to extend to over a dozen more markets, eventually going global — competing with the likes of Apple Music and Spotify. ByteDance grew 80% to $61.7 billion in 2021, and an expansion of its streaming service would further drive revenue and keep users on...
TikTok is planning to build its own product fulfillment centers in the U.S., creating an e-commerce supply chain system that could directly challenge Amazon, as indicated by more than a dozen new job openings posted in the past two weeks to LinkedIn.
Why it matters
: The move signifies TikTok's commitment to e-commerce as its next major revenue stream, following the explosive growth of its ads business.
- "By providing warehousing, delivery, and customer service returns, our mission is to help sellers improve...
Flora provides greater access to sustainable products to over 300 thousand customers at affordable prices and saves 10 thousand tons of CO2 emissions annually.
SAN FRANCISCO--(BUSINESS WIRE
)--Flora, a technology-driven sustainable e-commerce platform, emerged from stealth mode today to announce that it has raised $9 million in seed funding from prominent Silicon Valley investors, including Lux Capital
, Correlation Ventures
, Climate Capital
, and Gokul Rajaram
. Flora acquires, reinvents, and grows sustainable brands with a mission to provide greater access to sustainable products...