The chart above is from the ever useful Criteo State of Mobile Commerce report.
It’s good to see UK shoppers turning to their phones to shop more than the rest of the western world because UK companies will innovate faster on mobile as a result. We already produce more than our fair share of ecommerce […]
I just saw this chart in a Morgan Stanley investor note with the subtitle eCommerce Hits it’s Stride. Firstly it’s good to see that top investment banks continue to see a lot of growth ahead in eCommerce, but more exciting is the notion that an inflection point is coming towards the end of this decade. […]
Reflecting on his Christmas Shopping Benedict Evans posted this tweet yesterday:
The Internet allows retail-as-logistics to scale to every back road in the country. But retail-as-discovery is a quite different problem
— Benedict Evans (@BenedictEvans) December 21, 2014
If “retail-as-discovery” is a problem for consumers it is an opportunity for entrepreneurs, and it’s one that […]
Singles Day has just started in China. It’s a day where single people celebrate, and was selected because of the number of ‘1s’ in the date – it’s 11/11. It’s also the largest online shopping day in China and the news this morning is that Alibaba racked up $1bn of sales in the first […]
I knew that Zulily, which Crunchbase describes as ‘A daily deal site for mums, babies and kids’. is an amazing ecommerce success story which IPO’d last year with a valuation in the billions. A friend of mine headed up their UK operations for a while, so I also knew that they were second to none in […]
Commerce is moving mobile and mobile is moving towards apps. M-commerce apps are, therefore, the way forward. We have investments in a couple (Top10 for hotels and Stylect for shoes) and I expect we will do more going forward. We are taking a serious look at another one right now.
However, maintaining user engagement […]
One of the reasons we like backing ecommerce companies is that here in the UK we spend more online that all other major countries bar Sweden and we punch above our weight when it comes to ecommerce leaders.
Here’s some of the supporting data:
Kieran O’Neill, founder of our portfolio company Thread likes to quote Paul Graham saying ‘if you make something easier for people to do, they will do more of it’. At Thread Kieran is making it easier to buy fashion and as a result the majority of his customers report that they spend more on clothes after […]
Business Insider has just published a great deck showing the potential in ecommerce. We’re focused on the ecommerce ecosystem, so I guess I would say this anyway, but the opportunity is truly exciting. TL;DR ecommerce is a juggernaut already, still growing fast and with miles to go. Billions of dollars of retail are coming […]
I’m loving CBInsights at the moment. They keep churning out great data. The latest is this chart showing growth in eCommerce investment:
This is a good growth story. Ordinarily I would say that the 2011 peak suggests otherwise, but 2011 was the year of the Groupon clone frenzy and we can safely regard it […]