B2B eCommerce Embraces The Ecosystem Opportunity

Originally posted on 30 December, 2020 by PYMNTS

TradeSquare Introduces Marketplace For Australian Firms With Mirakl

TradeSquare Founder and CEO Einat Sukenik said the firm’s mission is to provide small firms in the country with the power to receive products they require expediently and simply from one digital platform to dedicate less time to procurement and more time to helping clients.

“As we considered the alternatives, it was clear that Mirakl was the best choice to deliver on that mission with the scalable solution and unmatched expertise that will empower us to grow and our small business customers to prosper,” Sukenik said in the announcement.

TradeSquare provides SMBs with access to more than 100,000 offerings from over 350 selected local suppliers in a single place. Purchasers get marked-down wholesale pricing and low minimum order quantities without contracts along with “60 days interest-free credit,” according to the announcement.

TradeSquare also used the certified pre-constructed link for Adobe Magento, which Mirakl says simplified an expedient rollout. The company received out-of-the-box marketplace functionalities needed to foster a up-to-date B2B purchasing experience along with “powerful” tools for vendors by teaming with Mirakl, according to the announcement.

The marketplace solution of Mirakl is supported by the international experience gained through more than 300 fruitful marketplace rollouts, with the inclusion of those for Toyota Material Handling, Siemens and Hewlett Packard Enterprise, according to the announcement.

The news comes as Mirakl, which is based in France, landed $300 million in a funding round per news in September.

The investment, which was headed up by United Kingdom-based investment company Permira, values the upstart at $1.5 billion, a company official told Bloomberg at the time.

Mirakl can be called a unicorn, or a company worth over $1 billion, at that valuation.

Originally posted on 29 December, 2020 by PYMNTS

TradeSquare bases Aus B2B marketplace on Mirakl

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TradeSquare has launched the first B2B wholesale marketplace for SMBs in Australia on the Mirakl Marketplace Platform.

Founded in April by Nati Harpaz, former managing director of Catch Group, and entrepreneur Einat Sukenik, TradeSquare designed, configured, implemented and launched its wholesale trading platform to the public in less than four months with the support of Mirakl’s solution.

Offering wholesale buying exclusively for Australian businesses, TradeSquare offers SMBs over 100,000 products and services from 350+ local vendors in one online location.

The platform offers discounted wholesale pricing and low minimum order quantities with no contracts, plus 60 days interest-free credit.

Sellers benefit from a feature-rich portal to support online business, and with a wide range of products.

SMBs benefit from a single checkout for their entire order.

“Our mission is to give small businesses in Australia the power to get what they need quickly and easily from a single, simple digital platform, so they can spend less time sourcing supplies and more time serving their customers,” says TradeSquare founder and CEO Einat Sukenik.

“As we considered the alternatives, it was clear that Mirakl was the best choice to deliver on that mission with the scalable solution and unmatched expertise that will empower us to grow and our small business customers to prosper.”

This announcement represents the latest addition to Mirakl’s expanding Australian footprint, counting many of Australia’s leading B2B and B2C organisations including Catch Group, which now drives 50% of sales online through the marketplace.

“We are building Australia’s number-one B2B marketplace, and Mirakl is the only partner that offers us everything that we need to make that happen,” says TradeSquare non-executive director Nati Harpaz.

“There’s no true competitor to the functionality and scalability of Mirakl’s technology, and with the knowledge and experience that Mirakl has developed from supporting the world’s top B2B organizations, they’re the best and only choice for TradeSquare as we work to achieve our goals.”

The Mirakl Marketplace Platform allows TradeSquare to offer the ease and convenience of online shopping Australian SMBs want with the selection and pricing they need.

“TradeSquare is a standout example of digital innovation, using the marketplace model to bring critical agility, flexibility and scale into its business so that it can offer SMBs what they need to be successful,” says Mirakl Americas and APAC customer success executive vice president Tzipi Avioz.

“We stand ready and able to help companies of all sizes in Australia & New Zealand quickly implement this proven model in order to launch, sustain and grow a successful business in recovery and beyond.”

Originally posted on 17 December, 2020 by ChannelLife

Aussie B2B marketplace TradeSquare launches on Mirakl’s cloud platform

Originally posted on 16 December, 2020 by CRN

Retailer marketplaces outperform Amazon during lockdown, data reveals

According to data from marketplace platform Mirakl, French retailers also enjoyed substantial growth during Black Friday through Cyber Monday, with $160 million worth of goods sold on marketplaces across the globe during the Black Friday sales period, a 60% increase on last year. More than 1.6 million orders were made on Mirakl-powered marketplaces – a 60% increase on 2019.

Read the full article on InternetRetailing

French Unicorn Mirakl’s Recipe for Transatlantic Startup Success

Originally posted on 1 December, 2020 by Trevor Williams, Global Atlanta

The rise of online supermarket marketplaces

With online sales becoming the norm, is it time UK supermarkets took on the e-commerce behemoths on their own turf? When shoppers are looking to purchase something online, the first instinct for most is to look on an online marketplace. Marketplaces have become the dominant model of e-commerce over the past decade, with the likes of Amazon, eBay, Asos and Etsy now household names.

Read the full article on The Grocer

Mirakl’s New Payment Service Provider Certification Accelerates Marketplace Deployment with Proven Payment Platform Integration

Mirakl, the only marketplace SaaS platform that empowers both B2B and B2C organizations to launch and grow an enterprise marketplace at scale, today announced the launch of its new Payment Service Provider (PSP) certification, which empowers Mirakl customers to leverage best-of-breed PSPs to accelerate and streamline new marketplace launches.

Read the full article on Global Banking & Finance review