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Retail Technology & Ecommerce

Exciting week in ecommerce & retail tech, I'm writing this from China. From almost nothing, the C
Issue #30  •  December 7  •  view online
Retail Technology & Ecommerce
Retail Technology & Ecommerce
The latest news and information from the retail technology and ecommerce world.
Exciting week in ecommerce & retail tech, I’m writing this from China. From almost nothing, the China ecommerce sector has grown to more than the US and UK combined, see stat of the week below.
This Week: How China embraces Black Friday, The end of the beginning (video), Australian ecommerce step change, and the world’s first social ecommerce platform built on blockchain.
Kyle

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📈 STAT OF THE WEEK
Global Ecommerce Spending - 2005 vs 2016 - Ben Evans
Global Ecommerce Spending - 2005 vs 2016 - Ben Evans
US & China: Annual volume of packages 2006 vs 2016
US & China: Annual volume of packages 2006 vs 2016
📢 NEWS
After Singles’ Day, Chinese shoppers turn to Black Friday | Abacus
Looking for cheaper products and a sense of uniqueness, Chinese shoppers are beginning to target Black Friday
Amazon is reportedly testing its cashier-less technology in larger stores - The Verge

Walgreens launches next-day prescription delivery with FedEx to compete with Amazon

Project Verte: Blockchain Technology in Ecommerce

Yoox Net-a-Porter’s WeChat Weak Spot | The Daily

Amazon’s Australian launch 12 months ago may not have lived up to the hype but the behemoth is on track to replicate its US success after triggering a step change in the local market.
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💰 FUNDING and M&A
Shopify Buys Sweden-based TicTail to Expand Global Presence

Shogun Raises $2.1M in Funding | FinSMEs

Real estate ecommerce platform BuildSupply raises $3.5 million from Venture Highway

🌟 SPOTLIGHT:
Ecommerce is still only a small fraction of retail spending, and many other areas that will be transformed by software and the internet in the next decade or two have barely been touched. Global retail is perhaps $25 trillion dollars, after all.
Ecommerce is still only a small fraction (10%) of total retail spending in the US, and many other areas that will be transformed by software and the internet in the next decade or two have barely been touched.
Ecommerce is still only a small fraction (10%) of total retail spending in the US, and many other areas that will be transformed by software and the internet in the next decade or two have barely been touched.

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Techstars Startup Digest Retail Technology & Ecommerce is curated by:
KYLE KELLY KYLE KELLY - Senior Director, Commercial Innovation & Global Business Development at Pitney Bowes
kyle.kelly@startupdigestmail.com
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