Tags: E-commerce
Despite poor infrastructure and payment systems, e-commerce becomes more vibrant in Indonesia
Limiting conditions like poor infrastructure and the lack of convenient payment systems have not prevented the e-commerce industry from burgeoning in Indonesia, the Financial Times reported.
Open source e-commerce platform Sellvana nabs $5M in seed round
Sellvana, an open source e-commerce software developer based in Portland, Oregon, has received $5 million for its seed funding round from unnamed New York investors, VentureBeat reported.
India's online retail space gets renewed interest from investors
Private equity and venture capital investors are exhibiting renewed interest in India's online retail space, a segment considered as an investment bubbly early last year, Mumbai-based online website dna reported.
Shift from physical to digital retail happening faster than expected -Andreessen Horowitz
Jeff Jordan, a partner at Andreessen Horowitz, says the structural shift from physical to digital retail is happening more quickly than what he had previously imagined.