Research firm Canalys reports that the Chinese cloud infrastructure market grew 66.9% to $3.3 billion in the last quarter of 2019, right before the COVID-19 virus hit the country. China is the second largest cloud infrastructure market in the world, with 10.8% share. The quarter puts the Chinese market on a $13.2 billion run rate.…
Amazon is making changes to ensure essential items are delivered as soon as possible during the coronavirus pandemic. Image: PHILIPPE LOPEZ/AFP via Getty Images By Matt Binder2020-03-17 17:25:03 UTC Amazon is making big changes to what it stocks in its warehouses during the coronavirus pandemic. On Tuesday, Amazon sent a memo to its third-party sellers…
In 2017, a three-person Austin-based production and management company called Exurbia Films assumed rights management for the 1974 cult horror classic The Texas Chainsaw Massacre.“My job was to take us into Chainsaw 2.0,” says Pat Cassidy, a producer and agent with Exurbia. “The original guys did a great job managing the rights but aren’t from…
Image: Omar Marques / SOPA Images / LightRocket via Getty Images By Matt Binder2020-03-13 18:43:49 UTC Have you ever copied a password or perhaps even your credit card number on your iPhone in order to easily paste it onto a website form? If you have, then it’s likely you’ve just exposed that information to a…
Photo: GettyAmazon and its intrepid CEO, Jeff Bezos, haven’t made any secret of their push to dominate other industries. Space travel? Sure! Healthcare? Why not? Real estate? I… guess? Now, it looks like the trillion-dollar company is setting its sights on courting a new market: the brick-and-mortar retailers that Amazon has systematically gutted for roughly…
If there’s one thing that’s bountiful in 2020, it’s video content. The streaming wars are raging, with services churning out enough programming for a lifetime. Meanwhile, social media platforms keep expanding and grabbing more of people’s finite attention. But while consumers have no shortage of content, what’s lacking is an experience that grabs their attention…
Some big moves in the payments platform space: Ant Financial Group, the owner of China’s Alipay payment platform, has announced it’s taking a minority stake in Swedish payments platform Klarna . Klarna has a strong European presence and a flagship product that lets shoppers buy now and pay later in interest-free installments (typically 14 or…
By Amanda Yeo2020-02-27 02:54:55 UTC Etsy sellers are furious about the website’s new advertising scheme, which will impose huge fees on some sales. What’s worse, certain users aren’t even allowed to opt out. Etsy announced two new updates to its advertising model in a February 26 blog post. Firstly, the ecommerce website is removing Google…
By Nicole Gallucci2020-02-28 20:09:13 UTC Jeff Bezos is rich as hell, but if you have trouble understanding just how obscenely wealthy the Amazon founder is, we suggest you visit TikTok. Entrepreneur and TikTok star Humphrey Yang, a 32-year-old eCommerce consultant and freelancer from Silicon Valley, recently created a striking visual representation of Jeff Bezos’ net…
Search engine optimization (SEO) is one of the most important skills to learn in 2020. Why? Because SEO is free. As companies jostle for brand recognition and audiences online, the biggest ones are pouring money into paid advertising channels and, quite frankly, the smaller ones simply cannot keep up. That’s what makes SEO so important.…
Save on those huge SEO fees by doing the hard work yourself. February 10, 2020 2 min read Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.…
Unfortunately, most of us in the ecommerce scene know the problem of ‘cart abandonment’ all too well. The phenomenon describes the process when an engaged customer adds your product to the cart, but for some reason does not complete the purchase. Imagine an “almost converted” customer who does not contribute to the conversions and ROI.…
After eBay, Visa, Stripe and other high-profile partners ditched the Facebook -backed cryptocurrency collective, Libra scored a win today with the addition of Shopify. The e-commerce platform will become a member of Libra Association, contributing at least $10 million and operating a node that processes transactions for the Facebook-originated stable coin. If Libra manages to…
If you’re reading this, chances are you feel like you need more information. Welcome to the club. This week we followed a bunch of transportation players in search of more nuggets of knowledge. Retailers jumping on the ecommerce bandwagon are hoping to discover how to lose fewer deliveries, which is costing them tons of moolah.…
Cara Cara is an LA-based online off-price store that sells indie brands at a 20% to 60% discount. The concept is similar to any off-price store such as TJ Maxx or Ross Stores, for example. However, the idea is to offer what these stores have traditionally lacked – an easy way to shop for off-price goods…
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Three ways to replicate Kevin Zhang’s success. February 12, 2020 4 min read Opinions expressed by Entrepreneur contributors are their own. Success in ecommerce is the fruit of a lot of blood, sweat and tears. While there may be many who make it appear as though anyone can get rich quick in this realm, that is…
Donny Hall, the chief executive and co-founder of the used car certification service SureSale, knows used cars. The serial entrepreneur built and sold a previous business, CarSure, which was an insurance plan for vehicle repairs. After selling that business in 2017 to Innovative Aftermarket Systems, Hall decided that his next venture would be to take…
