SHANGHAI, China — China's e-commerce giant Alibaba Group Holding Ltd's will use proceeds from its potential IPO to fund acquisitions, media reported on Wednesday, as the firm looks to broaden its mobile services.
In response to market pressures, Start Today, which operates Japan’s largest fashion e-commerce portal, Zozotown, is set to launch a major ‘mobile first’ social commerce app, called Wear. JapanConsuming reports.
SAN FRANCISCO, United States — Since 2010, Square Inc's matchbox-sized card readers have steadily supplanted credit card machines in coffee shops and corner stores across the United States.
In recent years, we’ve seen a veritable renaissance in online fashion retail, with venture money pouring into fashion e-commerce companies with a wide range of models. In the first of a series of articles on the current state of fashion e-commerce, sponsored by e-commerce software and platform solutions company Magento, BoF examines some of the models getting the most traction.
Luxury brands should take a page from technology companies like Apple and adopt ‘ecosystem models’ to develop new markets, channels and products, advises a recent report by The Boston Consulting Group. BoF investigates.
Today, BoF can report that Paris-based online product discovery platform Rad has raised €2.5M in a Series A round of funding led by Index Ventures.
NEW YORK, United States — Fab.com Inc. said it raised $150 million from investors including China’s Tencent Holdings Ltd., valuing the 2-year-old online retailer of uniquely designed home goods at about $1 billion.
BoF speaks to Catherine Wales, who after working for Yves Saint Laurent, Jean-Charles de Castelbajac and Gap, has been experimenting with 3D printing.
The rise of emotionally-aware or ‘affective’ computing is set to change the way machines understand and interact with people. BoF speaks with Rana el Kaliouby, co-founder and chief technology officer of MIT-spinoff Affectiva, to understand what’s possible and the implications for the business of fashion.
HONG KONG, China — Goldman Sachs has joined Alibaba Group's $8 billion loan with $500 million in financing as the Chinese e-commerce giant prepares for a massive initial public offering expected to come as early as the fourth quarter of this year.