Salesforce announced that it plans to buy Slack Technologies — provider of the popular workplace-messaging system — in a cash and stock deal worth $27.7 billion.
MTL+Ecommerce: Hudson’s Bay is joining thousands of other Canadian retailers who are already seeing the benefits of offering PayBright to their customers. Implementing Paybright Technology is a huge opportunity for both retailers and consumers.
Heroes, a European e-commerce business operating a similar model to unicorn Thrasio in the U.S plans to become Europe’s largest acquirer and operator of “Fulfillment by Amazon” (FBA) brands. Heroes exits stealth mode and raises $65 million in funding round.
While Amazon has managed to crack, and often dominate, most retail markets, the lucrative one for prescription pharmaceuticals has remained elusive. Investors have been expecting the Seattle-based firm to make a move into the pharmacy space since at least 2018, when Amazon acquired online pharmacy PillPack for more than $750 million. Well, It’s now a reality! Amazon Pharmacy, a new store on Amazon, allows customers to complete an entire pharmacy transaction on their desktop or mobile device through the Amazon App.
MTL+Ecommerce is partnering with job platform Jobbio to give readers and community members access to career opportunities in some of Canada’s top Ecommerce, startups , ecommerce businesses and tech Hubs. The partnership will combine Jobbio’s impressive technology with MTL+Ecommerce’s dynamic community to showcase the best companies in Ecommerce, Startup & Tech that are hiring in Canada. it will also allow the MTL+Ecommerce’s audience to apply to these companies directly.
Unified Commerce Group (UCG) announced on Friday a strategic investment in Canadian sustainable fashion brand Frank And Oak. The transaction is expected to be approved by the Superior Court of Quebec this week. Provided such approval is obtained, it is anticipated that the transaction will close shortly thereafter.
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The #62 edition of MTL+ECommerce (held at Lightspeed’s Montreal office) was focused on Millennial shoppers and included talks around app marketing, influencer marketing, and ads automation.
The average shopping cart abandonment rate is 69.89%. We came up with a list of recommendations on how to improve your checkout to reduce cart abandonment.
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