eCommerce Industry News ⁽⁶⁶⁾

March 3rd, 2021. Sitecore, a member of our ecommerce platform shortlist, has announced it has acquired CDP company Boxever and B2B ecommerce platform company Four51. This follows the announcement of a $1.2bn investment in Sitecore, albeit from an unknown source. Boxever, based on the banks…

March 3rd, 2021. VTEX, a member of our ecommerce platform shortlist, has announced a new customer win - Blade HQ, a retailer of high-end LEO Combat, military and collectible folding knives. Mark Christensen, CEO of Blade HQ since May 2016 and 11 years with the…

March 2nd, 2021. Instacart has raised $265m from its existing investors at a $39bn valuation. This comes ahead of a widely expected, but as yet unannounced, IPO. Nick Giovanni, Instacart CFO, is quoted in the announcement as saying "grocery is the world's largest retail category…

February 26th, 2021. Sprouts Farmers Market (NASDAQ: SFM) has announced its full year 2020 financial results, with annual sales up 15% to $6.5bn. Their ecommerce sales grew by 290% compared to 2019, to 11% of Q4 revenue, with 15% of those online sales now through…

February 26th, 2021. WYND, a member of our order management systems (OMS) shortlist, has appointed Jean Lecomte as General Manager. Lecomte, who has a Masters Degree in Management Science and Engineering from Stanford University, was previously leading digital systems at Carrefour (EPA: CA), the French…

February 24th, 2021. BigCommerce, a member of our ecommerce platform shortlist, has announced its solution now enables its merchants to list products for sale on the Walmart marketplace. Its press release BigCommerce described one of its merchants, Vitabox, a seller of vitamins, personal care and…

February 17th, 2021. Shopify (NYSE : SHOP) has released its 2020 Q4 and full year financial results, with a staggering $977.7m revenue in Q4, up 94% from Q4 2019, for a 2020 total revenue of $2,929.5m, up 86% on 2019. Its customers transacted $41.1bn through…

February 16th, 2021. Salesforce, a member of our ecommerce platform shortlist in the "Dominant" category, has announced its Spring '21 release includes a new Payments service, offering a pre-integrated payment service. Once implemented in a Salesforce B2C Commerce Cloud webstore, the new Commerce Cloud Payments…