Software company Squarespace is bringing in a new finance chief to help strengthen its financial reporting and forecasting ahead of a potential listing on the public markets.
The Shopify Fulfillment Network that handles the storing, packing and shipping of goods for online sellers enrolled more merchants and increased our fulfillment volumeby two-and-a-half times over Q1 in the second quarter, said Thomas Epting, director of the network.
A House antitrust panel this week zeroed in on Amazon.com and how the online retailer wields its market power in e-commerce to further strengthen its position.
Warehousing and storage payrolls jumped by 32,200 jobs in September, according to seasonally adjusted preliminary employment figures the U.S. Bureau of Labor Statistics released Friday.
The Trump administration filed court papers seeking to overturn a federal magistrates ruling that stopped a U.S. ban on Chinas ubiquitous messaging and e-commerce app WeChat.
A key measure of demand for big warehouses soared 51% in the first half of 2020 as the pandemic-driven surge in online sales sent companies scrambling for space to store and deliver goods to locked-down consumers.
Outsourced fulfillment specialist ShipBob raises $68 million in funding from investors including Softbanks Vision Fund.
Roughly half of 800 global business executives in a McKinsey survey said the pandemic has prompted their firms to accelerate the implementation of e-commerce tools, mobile apps, chatbots and automation.