Shopify displaces RBC to become Canada’s most valuable company – BNNBloomberg.ca

Shopify Inc. has displaced Royal Bank of Canada (RBC) as the nation’s largest public company. The ecommerce platform provider’s market capitalization surged to $120-billion Wednesday afternoon to eclipse that of the nation’s largest lender. The lead held past the closing bells on Wednesday, as Shopify ended the session with a market cap of $121.3 billion, compared to…

Smartphone shipments dropped 18% in China, thanks to COVID-19

More rough figures from Canalys. After reporting a 13% year-over-year drop for global smartphone shipments, the firm is back with even worse numbers for China. Shipments dropped 18% year-over-year for Q1 in the world’s largest smartphone market. And once again, the COVID-19 pandemic was to blame. It tracks that China was hard hit for Q1,…

As Workers Spread Out to Halt the Virus, Robots Fill the Gaps

As the coronavirus began to spread through Japan in March, workers at a warehouse in Sugito that processes millions of personal care products each day were overrun by a spike in demand for masks, gloves, soap, and hand sanitizer. To prevent workers from spreading the deadly virus, the company that operates the center, PalTac, introduced…

Ecommerce Entrepreneurship Grows as Unemployment Rises

The looming recession has sparked a boom in digital business. April 20, 2020 4 min read Opinions expressed by Entrepreneur contributors are their own. The recent rise in unemployment in America has been staggering, and there are few companies that haven’t been impacted. Although in ecommerce, some brands are reporting sales similar to the highs…

eBay names Walmart exec Jamie Iannone CEO

Half a year after Devin Wenig stepped down as CEO, eBay is finally ready to name a permanent replacement. Following an appointment from the company’s board of directors, Jamie Iannone will step into the role as head of the company, effective April 27. The executive was also elected to eBay’s board. Most recently, Iannone served…

Scaling your ecommerce startup in the age of Amazon

Recently the New York Times reported how Amazon was flooding the market with new logos and brands. Essentially, Amazon finds cheap manufacturers to produce goods and matches them with sellers that will brand and sell the products on Amazon‘s marketplace. The strategy is to flood the market in a category, leverage the Prime listing, and move on.…

WooCommerce is driving millions of online sales each day. Here’s how to get your piece of the action.

TLDR: For under $40, the Build Your Own Business with WordPress and WooCommerce Bundle is a step-by-step guide to getting any ecommerce business off the ground. WooCommerce isn’t exactly the biggest name in tech. But two statistics can explain immediately why it’s a name you should know if you’ve ever considered opening a digital storefront.…

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