Several Chinese startup platforms have gone big in recent times, recording tremendous year-on-year growth, and influx of millions of active users. — While Alibaba is the greatest example, another company, Pinduoduo, has been making waves in the Dragon nation, amassing the largest number of active users. Social commerce and affiliate marketing fits into the Pinduoduo business model. Pinduoduo earns money from several online marketing services, transaction services, and merchandise sales. The company…

Couple of years back, when you needed to purchase grocery or medicines, it was quite a task. — You had to get ready and travel to the shop physically. Then you had to stand in long queues to get those items from the grocery and medical stores. You had to spend copious amount of time in queues even for buying food from cafes and restaurants. However, the scenario…

It’s absolutely awe striking how quickly certain startup ecosystems have grown during the past few years. — Africa being no exception, it’s indeed startling, the amount they have grown, in spite of the pandemic. Around six years ago, there wasn’t any unicorns in Africa, but today there’s about 7 startups worth over $1 billion. …

What Is Shoppable Content? Shoppable content is a digital asset, such as an image, a social media post, a video, or an ad for consumers to click through and make a purchase. In some instances customer find that they have to complete the checkout process on the brand’s website. But some shoppable content enables all transactions to be completed on the same screen. Shoppable content on platforms like Facebook, Instagram or TikTok allows users buy any product without leaving the app. This…

The startup ecosystem in Indonesia has flourished in the recent past and contributed to the overall economic growth of the nation. — Indonesia’s economy grew 5.02% in the last quarter of 2021. The World Bank predicts that the largest economy in Southeast Asia, is touted to become a major player in the business industry. The Indonesian Venture Capital and Startup Association’s (Amvesindo) data shows that $2.9 billion was raised by 56 top…

D2C is a retail e-commerce model that facilitates the sale of goods directly from the manufacturer to the end user with no middlemen involved. — The D2C model eradicates the need for traditional distributors who would typically handle conveyance and distribution of products from the manufacturer to a retail store. D2C transactions typically happen online and hence D2C falls into the e-commerce category. There are several brands that have adopted to physical presence via a…

VerSe Innovation is the parent firm of news aggregator Dailyhunt and Josh App (Short Form Video). — It raised over $450 million last year in a financing round. This is preceding to the $200 million they secured just five months prior. This startup has expansive plans to operate internationally. VerSe Innovation is wagering on building a gaggle of apps that will serve clients in several local languages…

Launched in 2012, this platform is now trusted by over 187 million users. — This year, it is predicted that the revenue for the ride hailing and taxi segments will touch US$314,224 million! Grab is among the industry leaders’ in this space that will grab a lion’s share in this pie. Grab business model is not limited to just taxi services but has diversified…

Blockchain technology continues to gain traction in the global economy infiltrating most domains including e-commerce. — Ecommerce is the act of buying or selling of goods and services over the Internet. E-commerce can gain due to blockchain technology to complete financial transactions securely and swiftly. The distributed ledger technology employed in blockchains help solve problems that the e-commerce sector is encountering.