LONDON: MobilityOne, an e-commerce infrastructure payment solutions and platform provider, has announced the completion of the sale of its 60% stake in its non-core subsidiary 1Shop to Super Apps, a leading Southeast Asian super app company. The deal, which was first announced in October 2022, was initially subject to the completion of a merger exercise…
All posts tagged e-commerce
Carrefour aims to triple its e-commerce GMV to €10bn by 2026
PARIS, FRANCE: Carrefour aims to triple its e-commerce GMV (Gross Merchandise Value) by 2026, to reach €10 billion, a news release said on Tuesday. Carrefour also expects that digital will contribute an additional €600 million to recurring operating income (ROI) in 2026 vs 2021. To this end, Carrefour will increase by around 50% its investments in digital, with a €3bn dedicated plan between 2022 and 2026. As…
Brand Architekts launches its own marketplace
LONDON: Brand Architekts, a challenger British Beauty brand business, has successfully launched its own marketplace, www.theunexpektedstore.com, a unique e-commerce beauty proposition, supported by THG Ingenuity. The Group has entered into a five-year agreement with THG Ingenuity, reflecting the belief in the long-term opportunities of the marketplace. In line with its stated strategy, the Group will…
Image Pakistan becomes country’s 1st approved seller on Amazon
KARACHI: Image Pakistan Limited, country’s first approved seller on Amazon, plans to create a wholly owned subsidiary titled Image Tech Limited to avail the recently announced incentives by the government for technology companies including digital electronics and internet related services such as e-commerce services. Such companies have been allowed a 100 percent tax credit against…
Athleta to enter Canada, first company owned expansion outside United States
SAN FRANCISCO: Gap Inc. brand Athleta, announced it will enter Canada later this year, marking the performance lifestyle brand’s first company owned expansion outside the United States. Athleta plans to launch e-commerce late this summer followed by opening retail stores at Yorkdale Shopping Center in North York, Ontario and Park Royal Shopping Centre in West…
AO.com , e-commerce
AO.com, formerly known as Appliances Online, is an online-only retailer operating in the UK (AO.com), Germany (AO.de) and the Netherlands (AO.nl). It specialises in household appliances and electricals. The company was founded in 2000 by John Roberts and the UK head office is located in Bolton, Greater Manchester. It is listed on the London Stock…
QBID becomes official partner of new China e-commerce platform, WMall
SYDNEY, AUSTRALIA: Artificial Intelligence (AI) and e-Commerce marketing company RooLife Group Ltd announced its newly acquired digital marketing company Quality Brands International Direct (QBID), has been appointed an official partner and supplier for new China e-Commerce platform WMall. WMall is an e-Commerce platform which connects western brands to China’s powerful Daigou shopping network. It is…
Aramex posts a meager 1.0 percent growth in Q3 net profit
DUBAI, UAE: Aramex today announced its financial results for the third quarter ended 30 September 2019, wherein the Q3 2019 revenues grew by 2% to AED 1.27 billion, compared to AED 1.239 billion in the corresponding period a year ago. Revenues would have grown by 5% excluding the company’s strategic restructuring of its operations in…
Neil appointed Group E-Commerce Director at Science in Sport
LONDON: Science in Sport plc, the premium performance nutrition company serving elite athletes, sports enthusiasts and the gym lifestyle community, has announce the appointment of Neil Tinegate, a highly experienced digital executive, as the Company’s Group E-Commerce Director. Neil has a track record in digital innovation and online sales growth at businesses including Home Retail…