Ep26 This Week in Ecommerce: Wish acquired for $173M & Crocs +169.8% YOY traffic growth

Welcome to This Week in Ecommerce, your go-to podcast for the latest news and insights in the online retail world. In this episode, Mal Chia & Paul Waddy discuss some really cool topics and headlines reshaping the ecommerce industry: Singapore’s Qoo10 to acquire e-commerce platform Wish for US$173 million: Wish was acquired for a mere $173M, a sobering decline from its initial $17B valuation. The hosts delve into the implications of Wish's precipitous fall and explore the lessons ecommerce players can extract from this high-profile acquisition. Crocs' is one of the fastest Ecommerce businesses in Australia: Amidst the industry's fluctuations, Crocs stands out with a 169.8% year-on-year traffic growth, as reported by Similarweb as well as almost doubled their net income last year. Mal and Paul discuss Crocs' success, attributing it to strategic brand positioning and tapping into cultural relevance. If you found this episode helpful, please engage by following our podcast, dropping a comment, or sharing it with a friend.Your support means the world to us!