When it comes to eCommerce news, February 2018 is probably going to be the month of big launches. The list begins with Amazon launching its B2B portal in France as PepsiCo invests in its eCommerce channel. Paypal launches new card readers as WhatsApp introduces a dedicated business app. Shopify boasts of big Q4 numbers as eBay launches a new program that thrives on a nifty omnichannel model. Also, don’t forget to check out our resource of the month! Read on.
After Germany and the UK, Amazon launches its business marketplace in the next European country, France.
In a move that further bolsters their B2B eCommerce presence in the European market, Amazon Business launches in France. Amazon Business is host to over 250 million products and serves over 90,000 customers ranging from small businesses to mammoth multi-nationals. Read more here.
The European Union ends geo-blocking for online goods purchases.
Good news for online shoppers in EU as the European Parliament, the Council, and the Commission agreed to put an end to unjustified geo-blocking. This will not only boost eCommerce transactions but also empower consumers and businesses to have unprecedented access to online shopping from across the continent. Read more here.
PepsiCo is looking at investing in and working on its eCommerce channel.
The multi-national beverage brand is gearing up to invest in its eCommerce business. Reports suggest that Pepsi Co. already has a dedicated team of about 200 employees to venture into new digital channels. Read more here.
PayPal launches two new ultra-portable card readers.
Online payment platform, PayPal Here, introduces two new card readers which include a ‘chip and swipe’ as well as a ‘chip and tap’ reader. These chips enable small businesses to seamlessly accept payment from debit cards and credit cards from any location. Read more here.
Shopify announces a 71% year on year revenue growth in its Q4 17 report.
Growing from strength to strength, Shopify reports a 71% year on year revenue growth with GMV exceeding $9 billion in the fourth quarter of 2017. Shopify’s CFO states that their merchants sold more in the fourth quarter of 2017 than in all of 2015. Read more here.
eBay has launched a new program to help its sellers consolidate their retail and online sales.
Recognizing the importance of omnichannel, eBay launches ‘Always Open on eBay’. The unique program empowers eBay’s online sellers, who are also small business owners and local entrepreneurs with physical stores, to showcase their products and drive conversions to grow their business. Read more here.
WhatsApp officially launches its business app.
The app, ubiquitously associated with instant messaging, officially launched WhatsApp Business – a free-to-download Android app for small businesses. The app will enable all of its 1.3 billion users to connect with small businesses from across the world. Read more here.
Resource of the month: An Amazon-like checkout and zero fraud.
Bolt offers an end-to-end payment checkout platform that introduces a new era of eCommerce. The smart tool also offers superior fraud algorithms to approve more orders and covers 100% fraudulent chargebacks.