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Chinese Social Media Startup Seeks Funds At $6B Valuation

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Chinese eCommerce and social media startup Xiaohongshu , also known as “Little Red Book,” wants to raise funds at a $6 billion valuation, according to Bloomberg. The company calls itself RED and makes a point to mention that it’s not affiliated with the popular book by Mao Zedong of the same name.

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TD Rolls Out Online Accounting In Bid For Small Biz Accounts

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Balancing the books, sending out invoices and keeping the cash rolling in can be thankless but vital tasks for small business owners. In a push to bring in more small business accounts, TD Bank is launching a new online payment and accounting feature on its online platform for small businesses.

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Simon & Schuster, Authors Back Online Shop Helping Indie Sellers

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As bookstores remain shuttered nationwide, a 3-month-old online seller is stepping up. Between 2015 and 2018, I saw this big jump in the percentage of weekly sales for physical books that were going to Amazon.com,” Hunter told the AP. Here’s how Bookshop.org helps indie book retailers.

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China’s ‘Little Red Book’ Seeks $200M Investment

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As it seeks to speed up its eCommerce expansion, China’s Xiaohongshu or “Little Red Book” is seeking new funding. It also created an Instagram-like social media platform through which celebrities can recommend products. In November 2013, the company took its talents online and began growing its eCommerce.

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Social Shopping Struggles With The Burden Of Potential

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percent of online sales came from social channels. However, 8 percent of Cyber Monday visits did originate from social media, an increase of 17.5 It comes from WBR Insights , which credits customer engagement via social media. Brand advertisers, it says, need to justify social media ROI.

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How Adventure Commerce Is Finding New Adrenaline Through Social

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To reach those customers, some businesses are turning to social media networks designed around travel offer deals and reservations. Travello , in particular, was developed to fill a gap in the social media space. Social Networks for Businesses. The Market for Activities. The app is offered on iPhone and Android.

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Remind’s New Feature Lets Teachers Accept Online Payment For School Events

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Remind , the company that started out as a way for teachers to communicate to parents, is aiming to monetize its business by launching a new feature that enables K–12 teachers to collect money from parents for school activities, whether it’s a field trip, book fair or sports uniforms.

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