“We were wrong”: Kogan posts $35.5 million loss, flags headcount reduction as e-commerce cools
A major slowdown in Australian e-commerce spending has seen Kogan report its first loss since the company's 2016 ASX listing, forcing the retailer to reassess its product line and start reducing its employee headcount.
Australia Post parcel shipping will become more expensive next month as fuel costs hit logistics providers nationwide
Small businesses will soon pay more to send their goods via Australia Post, as the service gears up to increase the cost of parcels, shipping bags, and other prepaid products.
Online shopping on the rise
While online shopping was already on the rise pre-2020, the pandemic has accelerated the growth of ecommerce globally, with revenue projected to reach $US 5.4 trillion in 2022.
Australian flower delivery startup LVLY acquired for $35 million by south-east Asian e-commerce firm
Local flower delivery startup LVLY has been acquired for $35 million by tech firm Limitless Technology, amid ongoing growth in online flower delivery.
By the numbers: Australia Post’s 2022 online shopping report
Australia Post released its 2022 Inside Australian Online Shopping report on Tuesday, showcasing how the e-commerce sector grew in 2021, and highlighting the trends businesses should look out for in the months to come.
COVID-19 changed how we shop, so what can we expect in 2022?
As we emerge from the worst of the pandemic, it seems the right time to reflect on the most important changes in consumer behaviour we’ve seen.
How small businesses can win big during major sales events
As the festive shopping season approaches, you must leverage the power of e-commerce to stand head and shoulders above the competition.
Voly raises $18 million for tech disrupting the grocery market
Voly has raised $18 million in a round led by Sequoia Capital India, for its platform offering grocery deliveries within 15 minutes.
Prices may be rising, but Australia’s e-commerce market is stronger than ever
Customers today appreciate the broad selection of goods available online, the convenience of shopping where they want, when they want, and the ease of having purchases delivered to their homes.
Scentre Group launches network-wide marketplace Westfield Direct
Westfield Direct will allow customers to shop online from any Westfield around the country, across multiple retailers, for home delivery or click-and-collect.
Ahead of Love Your Bookshop Day, here are five reasons readers love independent bookstores
These key reasons make customers' love for independent bookshops a distinctive feature of Australian book culture.
Consumer behaviours will change post-pandemic. Here’s how your business can prepare
As consumers prepare to emerge, blinking into the post-lockdown light, what changes can we expect and how different will things be? Here’s how to get your business ready.