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Amazon Launches Online Pharmacy In Bengaluru, India

PYMNTS

Amazon India has added an online pharmacy to its offerings in Bengaluru, one of the nation’s largest cities with a population of nearly 12 million. Reuters reports this is the latest initiative by the eCommerce giant to broaden its reach in a key growth market. Amazon started moving into the health space in 2017.

Online 194
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FinTech: $6.5 billion invested in first half of 2017

Chris Skinner

Innovate Finance has just published their report on the first half of 2017, and the investments made in FinTech. Billion in H1 2017 –with UK investment up 37% reveals Innovate Finance H1 2017 saw 787 deals globally, attracting $6.5 billion invested in first half of 2017 appeared first on Chris Skinner's blog.

Fintech 251
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Ethereum Sees Strong Growth in Market Cap, Price This Quarter

Bank Innovation

The top rival of “digital gold,” i.e. bitcoin, had a banner first quarter in 2017, with a $3.6 billion increase in market cap (just under a 500% increase, compared to bitcoin’s 11% increase for the quarter), according to data from Coindesk’s State of Blockchain report for 1Q17. Welcome to the year of Ethereum.

Marketing 331
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Things worth reading: 30th May 2017

Chris Skinner

Things we’re reading today include … Brexit: French officials in ‘serious’ talks with banks about leaving London Singapore’s central bank fines Credit Suisse, UOB over AML breaches Are banks about to operate completely online? The post Things worth reading: 30th May 2017 appeared first on Chris Skinner's blog.

Analytics 157
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It’s Pedal To The Metal For Online Car Sales

PYMNTS

In the used car market, Carvana reported a resounding second quarter, with revenues of $1.12 Many people who previously would not have considered buying a car online are giving it a second thought. In a recent CarGurus survey, 60 percent of respondents said they were open to buying a car online versus 32 percent before.

Online 157
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The Antiques Market Bids Heavy On eCommerce

PYMNTS

If there’s any industry that has been slow to transition online, it’s antiques. Two recent moves from leading arts and antique dealers are leading a trend toward online arts and antique buying. Now we’re going to take a smaller storefront and concentrate more online. We’re finally knocking down the barriers online.”.

Marketing 151
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Reliance Industries Rolls Out Online Shopping Platform

PYMNTS

As it aims to tap into its massive digital subscriber base to take on worldwide eCommerce companies, Mukesh Ambani’s Reliance Industries is launching an early version of its online retail offering. The company has reportedly emerged as the strongest rival to the existing online shopping leaders India, Flipkart and Amazon.

Industry 131