Welcome to the new edition of “This week’s news”, a selection of links to interesting articles and news from the worlds of blogs, commerce and e-commerce.
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The purchase of the Washington Post by Amazon CEO and founder Jeff Bezos has put the unconventional entrepreneur (once again) into the spotlight. But who is he, what motives and drives him, and why is he willing to invest 250 million dollar into a ageing newspaper? This New York Times portrait is trying to give answers.
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ShoeDazzle and JustFab, two Los Angeles based fashion websites selling women shoes, have announced a merger, creating the “world’s largest fashion subscription e-commerce company”. Together, both sites have 33 million members and generate more than $400 million in annual revenue. Both brands will continue to exist, because “no woman shops at one fashion retailer”, as JustFab co-CEO Adam Goldenberg put it.
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What would happen if people had the option to take a photo of products or clothes they see somewhere “in the wild” and instantly getting the chance to purchasing them from their smartphones? Clearly, mobile image recognition could revolutionize e-commerce. Practical Ecommerce explains that this kind of technology will become possible in the next years.
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Stockholm-based Tictail is one of the most outstanding and prominent e-commerce startups right now. The company enables everybody to set up an online shop within minutes, for free. More than 20.000 stores have been created until now. Venture Village has met the Tictail-team and asked a couple of questions.