Speaking of Asos, the UK-based online fashion retailer is also showing the US e-commerce sector that you can, in fact, be successful in Amazon county. Recode: It’s been just four years since London-based e-commerce company ASOS launched a fashion site dedicated to U.S. shoppers, but it has already built a U.S. business that does around […]

Asos is seeing 70 percent of its traffic on mobile and 50 percent of its purchases are happening on mobile. In the UK, Asos‘ home market, the numbers go up to 80% (traffic) and 70% (purchases). Digiday on Asos in mobile: Built in-house, the app has 10 million downloads according to the company, and it’s […]

Target is buying the San Francisco-based logistics startup Grand Junction. Retail Dive: Target on Monday said it will acquire Grand Junction, a San Francisco-based transportation technology company, for an undisclosed amount, to improve and expand delivery capabilities. The acquisition will accelerate Target’s investments and ongoing efforts to transform its supply chain, the company said in […]

Baidu is the latest company JD.com is cooperating with on mobile. Bloomberg: Under the arrangement, users browsing for product information on Baidu’s mobile search app can now access a dedicated section to buy items directly from JD, China’s second-largest e-commerce provider. By encouraging users to stay within its app and make purchases, the search giant […]

Good overview on where Walmart stands today over at Digiday: Walmart’s e-commerce sales have increased 63 percent in the first three months of this year, compared to 29 percent last quarter. (Walmart doesn’t disclose overall e-commerce sales in its quarterly report.) Acquisition spending: $4 billion, including Jet.com, which Walmart bought in 2016 At $3.3 billion, […]

The Hut Group is buying Glossybox from Rocket Internet and Kinnevik. At the beginning of the year, The Hut Group secured £345 million to, mainly, acquire companies.  Just now, The Hut Group has secured a new round of £125 million at a valuation of £2.5 billion, Sky News reports. Subscription businesses are still booming. We covered […]

The next Recode Code Commerce conference takes place in New York from September 13th to 14th. This fall, we’ve expanded our series from a three-hour evening to a day-and-a-half conference, hosted in the emerging epicenter of e-commerce, New York. Recode senior editor Jason Del Rey and executive editor Kara Swisher will return with their signature, […]