Breaking news
Tycoons cash in £250m as shares in ecommerce business Hut Group surge following last year’s London float Scottish tycoon Sir Tom Hunter was an early backer of the ecommerce business He bagged another £32m having sold £52.5m of stock when it listed in 2020 A number of other smaller shareholders also sold some stock By Lucy … Read more
L&G ECOMMERCE LOGISTICS FUND: Fund soars as we buy and sell more online By Jeff Prestridge, Financial Mail on Sunday Published: 21:51 GMT, 28 November 2020 | Updated: 21:51 GMT, 28 November 2020 The investment arm of insurer Legal & General is one of the world’s leading proponents of index fund management – running funds … Read more
Instagram rolls out redesigned Shop feature with product suggestions and new e-commerce-style interface The new Shop feature will have a completely revamped interface It will include product suggestions and new categories Instagram will also soon create a separate tab for Shop Users will soon be able to use Facebook Pay to buy products in the … Read more
Facebook CEO Mark Zuckerberg says that his new e-commerce platform Facebook Shops is seeing good uptake thanks to coronavirus lockdowns. ‘We’re seeing increased activity, certainly of people interacting with small businesses, as small businesses start to use Facebook Shops more,’ Zuckerberg told CNBC on Thursday. ‘It’s not just one clear story where every sector is … Read more