Magento Commerce’s $250 Million Venture Backing

Magento Commerce, the Ecommerce platform, now has an impressive $250 million in new funding from Hillhouse, a Chinese investment firm. Hillhouse, one of China’s biggest investors, is led by chairman Zhang Lei, an early backer of Chinese Internet giant Tencent. Hillhouse started out 11 years ago with $20 million in funding from the Yale University Endowment. The cash infusion brings Magento’s valuation to $700 million, according to...

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Twitter Nears Deal With Stripe To Enter E-Commerce

Social media has become a necessary means for retailers to advertise and engage with brand customers. However, last week, news surfaced suggesting that social network Twitter is preparing to engage users on another level. According to re/code, Twitter is now very close to throwing its hat into the e-commerce ring, as it is nearing a deal with payments startup Stripe. Once this deal is completed, users would be able to purchase goods directly through the social network via credit card.

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Social Network Marketing Tips

The popularity of ecommerce has influenced so many retailers to move their businesses online. Now, even network marketers are selling products online, when the foundation of direct selling lies in the sale of a product from the seller to the consumer. But the nature of social networks is allowing network marketers to recreate the process in a comparable fashion online. Social networks like Facebook are a great way to develop an online presence...

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Japan’s Largest Retailer Enters World of E-commerce

Walk into Uniqlo’s Fifth Avenue headquarters in New York City and it is difficult not to be mesmerized by the walks of brightly colored t-shirts, sprawling escalators, and affordable prices. Now, those living outside of New York City, San Francisco, and Paramus, NJ can experience Uniqlo’s magic as well through its online store. For those unfamiliar, Uniqlo, a Japanese retail apparel giant, was established in 1984 as a series of roadside...

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Cost-Saving Resources for Entrepreneurs

Saving money is crucial for every entrepreneur, whether starting your first company or your forth.  Easy ways to save money aren’t always easy to see.  Listed below are 5 websites that will help you cut cost.  The source, is the entrepreneur themselves. Indinero is an online software company that helps business owners see all their financials in one place.   The website has graphics and trend visualizations that will identify ways to...

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Three Gold Coast Homes Sold For $10 Million

The Palazzo Versace was filled with satisfaction and an upbeat atmosphere. Three of the finest homes at the Gold Coast in Australia were sold for a total of approximately $10 million. Ray White Surfers Paradise Group organized the event and was pleased with an increased number of bids compared to the same event a year ago. CEO Andrew Bell explained that selling high-end homes in Australia is not as easy as selling regular homes on the real...

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