Mark Brohan
Senior Vice President, B2B and Market Research at Digital Commerce 360
Vice President, B2B and Market Research Development, Digital Commerce 360
Articles
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1 week ago |
digitalcommerce360.com | Mark Brohan
Many online sellers in Southeast Asia are facing significant challenges in adopting artificial intelligence (AI) technologies, despite high awareness and belief in their potential to improve business outcomes, according to a new research report published by Lazada Group in partnership with Kantar.
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1 week ago |
digitalcommerce360.com | Mark Brohan
Fastenal Co. is expanding its digital capabilities and shifting its sourcing strategy to navigate rising tariff risks and persistently weak industrial demand, executives said during the company’s Q1 2025 earnings call. The Minnesota-based distributor reported first-quarter revenue of $1.96 billion, up 3.4% year over year, with daily sales growth of 5%. Net income was flat at $0.52 per share.
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1 week ago |
digitalcommerce360.com | Mark Brohan
Roofr, a software company serving roofing contractors, has raised an undisclosed Series B funding round to expand its all-in-one roofing platform. The round was led by TCV with participation from ABC Supply, the largest roofing materials distributor in North America. The Series B funding follows Roofr’s earlier $23.5 million raise in October 2023, which was led by Vertical Venture Partners.
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1 week ago |
digitalcommerce360.com | Mark Brohan
Federal prosecutors have charged Albert Saniger, the founder and former CEO of ecommerce startup Nate, with securities fraud and wire fraud. Prosecutors allege he misled investors by falsely claiming the company’s powered its app with proprietary artificial intelligence.
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2 weeks ago |
digitalcommerce360.com | Mark Brohan
GreatFence.com, Inc. has completed an ecommerce website redesign as it marks 20 years in business. Founded in 2004, the Houston-based company serves residential, commercial, and industrial customers across the U.S. The new platform represents the company’s seventh major website upgrade and introduces a range of tools designed to improve the online ordering experience. GreatFence.com is a national supplier of custom aluminum fencing and gates.
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Builders FirstSource CEO Peter Jackson expressed optimism for continued digital growth in 2025, projecting an additional $200 million in incremental sales as adoption spreads among small production builders and larger clients. https://t.co/3uWxHIyioM
Ecommerce technology provider BigCommerce Holdings Inc. reported solid revenue growth for its Q4 and full fiscal year ending Dec. 31, 2024, as it continues a major strategic overhaul. https://t.co/cMquppsGye
For its fiscal Q3, Alibaba highlighted robust revenue growth in its ecommerce and cloud computing divisions. https://t.co/hvOJyVhCBf