eBay-Backed Ecommerce Software Company ChannelAdvisor Files For $86M IPO (TechCrunch)
“The latest technology company to join the IPO bandwagon is e-commerce optimization company ChannelAdvisor. The S-1, filed with the SEC today, indicates that ChannelAdvisor could raises as much as $86.25 million in an offering (but this is a placeholder amount).
ChannelAdvisor provides cloud-based e-commerce software that allows retailers and manufacturers to advertise and list products on Amazon, Google, eBay, Facebook and more. The company’s offerings include automation, analytics and optimization. Users can manage product listings, inventory availability, pricing optimization, search terms, data analytics and other critical functions across sites”
Ecommerce Platform Magento Improves Scalability with Magento Enterprise 1.13 Release (TheWhir)
“Ecommerce platform Magento announced on Wednesday at its Magento Imagine eCommerce 2013conference that it has released the latest edition of Magento Enterprise for merchants to scale more effectively.
New features of Magento Enterprise version 1.13 include optimized catalogue indexing, improved content caching, streamlined checkout flow, and improved tax recommendations.
Magento says in order to increase value to both merchants and developers it is implementing new quality control requirements for extensions and delisting those extensions that do not meet the requirements. After evaluating extensions based on compatibility and popularity it removed around 20 percent of extensions that didn’t meet Magento Connect product standards.”
hybris Audit of Electrical Wholesaler Websites Reports an Untapped Opportunity: E-Commerce (Global News Wire)
“CHICAGO, April 11, 2013 (GLOBE NEWSWIRE) — hybris, the world’s fastest-growing commerce platform provider ranked “leader” by both principal analyst firms, announced today the results of its Electrical Wholesaling E-Commerce Audit, which analyzed the websites of Electrical Wholesaling magazine’s top 200 companies. The audit found that despite the high expectations of wholesale buyers, nearly 40 percent of the top wholesale companies have extremely basic or nonexistent websites, missing an opportunity to enhance the buyer experience through e-commerce.
Supporting the audit findings, the hybris 2012 State of B2B E-Commerce survey found that the majority of B2B procurement specialists (88%) prefer vendors that offer e-commerce over those who do not. Many buyers, however, indicated that the quality of the B2B e-commerce experience is inferior to that of B2C, limiting its effectiveness.”