Finish up the workday with some key ecommerce headlines.
1. Shopify is actually allowing stores to sell directly to consumers
The integration works by giving customers a “Shop Now” option when they start a conversation with any Facebook Business Page store using Shopify’s Messenger sales channel. Read the rest of the story here.
2. More Rocket News: Inside Rocket Internet’s ailing startup factory
A long but worthy read of how Rocket Internet may be better at starting companies than running them. Read the piece on Bloomberg here.
3. Indonesia’s tech spending rises 8.4% in 2016, startups to grow 6-fold by 2020
Fenox Venture Capital, one of the most active VC firms in Indonesia, is of the view that the on-demand sector is still quite enticing for investors, with much room for expansion. Read the rest of the story here.
4. How to revive beauty subscription boxes in Asia
While experts blame oversaturation, logistical challenges, and limited availability of samples, are these really the reasons behind the demise of beauty subscription boxes in Asia? Despite being a proven and wildly successful model in the West, it failed to take off in the East. Read the rest of the story here.