Türkiye's second largest e-commerce platform applies for IPO on Nasdaq; eBay UK's second-hand clothing sales rise

Türkiye's second largest e-commerce platform applies for IPO on Nasdaq; eBay UK's second-hand clothing sales rise

Türkiye's second-largest e-commerce platform files for IPO on Nasdaq

 

Beijing time , June 1st morning news, it is reported that Turkey's second largest online shopping platform has applied for listing on Nasdaq , and investors' interest in Turkey's emerging start-ups is increasing.

 

The e-commerce platform, Hepsiburada.com, is officially registered as D-Market Elektronik Hizmetler ve Ticaret AS. The company plans to sell its shares on the technology-intensive U.S. stock market. The company did not disclose how many shares they plan to sell or when they will start selling shares. The company's gross merchandise value (a measure of the total value of products and orders through its marketplace platform) has risen from 8 billion liras with 6.5 million users a year ago to 17 billion liras in 2020 with 9 million customers.

 

eBay UK second-hand clothing sales rise, social travel products demand surges

 

According to the latest data from eBay UK, as the epidemic blockade is lifted, the clothing market has rebounded, second-hand clothing sales have increased, and demand for social travel products has also increased significantly.

 

Data shows that on eBay UK, sales of men's summer suits increased by 108% year-on-year, bridesmaid dresses increased by 78% year-on-year, and wedding dresses increased by 59% year-on-year. In addition, the sales of suitcases have also increased by 140% since January. eBay pointed out that from necessities to travel supplies and luxury goods, consumers began to retaliate after the lockdown was lifted. eBay said that video games are still one of the hottest cross-generational entertainment, and the scarcity of new game consoles may continue for several months or even longer.

 

Singapore real-time digital payments surge 48%

 

Singaporeans are moving away from paper payments and towards real-time digital payments and mobile wallets, a shift that has accelerated with the advent of the coronavirus, according to a new report from ACI Worldwide Real-Time Payments and GlobalData.

Real-Time Prime Time 2021, a global report that tracks and analyses real-time payments in 48 global markets, shows that the volume and value of real-time transactions in Singapore have grown significantly over the past few years and are expected to grow further.

 

Nearly half of Austrian consumers shop online every week

 

According to the latest survey by MasterCard Austria, 85% of consumers in Austria shop online at least once a month, and 42% of consumers shop online at least once a week. The survey was conducted on 3,500 people aged 18 and above in Austria. The survey showed that 71% of Austrian consumers said they have been shopping online since the COVID-19, and most of them shop online 2 to 3 times a month.

 

The most popular category is electronics, with 62% of consumers having purchased this product online. Other popular categories include fashion (61%), books, board games and toys (58%), etc.

 

Thailand's comprehensive e-commerce logistics company Flash completes two rounds of financing of US$150 million

 

On June 1, Thailand's one-stop integrated e-commerce logistics company Flash Group announced the completion of US$150 million in Series D+ and Series E financing. Investors in the two rounds of financing included SCB10X, an internal fund of Siam Commercial Bank (SCB), Thailand's information security technology provider Chan Wanich, and the eWTP Fund.

 

Founded in 2017, the company currently delivers up to 2 million packages a day, covering all 77 provinces in Thailand. Flash also plans to use the financing to expand its business technology and services from Thailand to the Southeast Asian market.


JD Cloud's 618 opening report: Peak user access per second increased by 223% year-on-year

 

Today, JD Cloud released its first battle report of the 618 shopping festival: in the early morning of June 1, the peak number of users accessing JD Cloud per second increased by 223% compared with the same period last year; in addition, JD Smart Customer Service has served 1.6 million users cumulatively, and JD Enterprise Finance has provided financial services to 300,000 companies with a total value of over 100 billion yuan. In addition, JD Smart Customer Service provides services 24 hours a day, 7 days a week. In the first 10 minutes of the event, JD Smart Customer Service has provided services 1.6 million times cumulatively. Data also shows that the number of high-quality devices that can be connected to JD Smart Home Platform has exceeded 220 million.

 

 


Online Shopping

E-commerce

Cross-border e-commerce

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