Wal-Mart’s $3.3 billion acquisition of Amazon rival Jet.com is all the talk of the business world this week. How will it work?
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Grant Arnott is the Senior Reporter at Power Retail, Australia's number one news and information resource for online and multichannel retailers. Grant has a specialist business publishing background spanning more than a decade, and contributes regularly to a multitude of print and digital business media. Follow Grant on Twitter and Google+ or connect with him through LinkedIn
Online sales in Australia have grown 13.5% in the financial year ending June 2016, surpassing $20 billion according to the NAB Online Retail Sales Index.
Nerd news alert! The value attributed to Top Level Domains has reached a new peak, with the rights for .web bought by Verisign at auction for a record $135 million.
It’s been a rough ride for public Australian e-commerce businesses in the past 12 months, and Temple & Webster has had it as tough as any, with shares falling from the IPO price of $1.10 to as low as 15 cents. But, the business is now “back on track”, according to the CEO.
The wave of global technology consolidation continues, as Oracle buys NetSuite for US$9.3 billion to boost its cloud offering.
A new study by online measurement supplier Hitwise shows that more than half of online retail searches take place no on handheld devices.
Talk to the hand! A new report from commerce solutions provider Demandware suggests that mobiles have officially just overtaken desktops as the leading traffic source for e-commerce sites.
Internet pioneer Yahoo! has been acquired by US telco Verizon for US$4.8 billion, joining stablemate AOL and ending a romantic era.
At the Taobao Makers Festival in China, global marketplace giant Alibaba has announced its intention to enter the virtual reality arena with Alibaba Buy+.
After floating on the ASX last month, Redbubble has delivered its first public results announcement, and guess what? It’s not crap.