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- 22NOV2021-MON
22NOV2021-MON
Social commerce: A lucrative and growing opportunity for retailers
Monday 22nd November 2021
Funding roundup November 15 – November 19
Gemini raises $400m in equity funding, now valued at $7.1b
Airwallex valuation reaches US$5.5b with additional Series E1 raise
Montu Medical cannabis breaks crowdfunding records
Podium raises $201m in Series D Funding
WSO2 Secures $90 Million in Growth Capital from Goldman Sachs Asset Management
Digital customer journey platform EasySend raises USD$50.5m
Zoomo raises $80m to lead commercial e-bike industry
Sleek launches in Australia with $14m Series A funding
Social commerce: A lucrative and growing opportunity for retailers
Social commerce – completing e-commerce transactions in social media channels – is rising in popularity and use in Australia. However, it has been constrained by some functionality available overseas not being offered domestically.That has meant retailers to date have often used social channels to drum up an audience that they could funnel to their own e-commerce site to make purchases. Historically, that worked reasonably well: PayPal, for example, saw a large jump in the number of people who bought something they saw on social media between 2018 and 2019.
Let’s Talk: Simple ways to make your business more sustainable
The 2021 United Nations Climate Change Conference (COP260) highlighted the enormity of the environmental challenges before us, leaving many business owners feeling overwhelmed and powerless to make a difference.Not so, say our experts who share their easy to implement tips for a more sustainable business, not just environmentally, but with your most valuable resource, your people.Let’s Talk…
A billion dollar partnership between Google and CSIRO for clean energy, AI
Google and Australia’s national science agency, the Commonwealth Scientific and Industrial Research Organisation (CSIRO), have announced a billion dollar five-year partnership to expand cloud infrastructure, set up a research hub, and collaborate on national clean energy and artificial intelligence missions.
Super stapling: Here’s everything you need to know
“Super stapling” came into effect on 1 November 2021, so all Australian business owners need to understand their obligations.From now on employers will need to change their super and payroll processes for incoming employees to comply with ‘super stapling’ requirements.
Lockdown leniency over as the ATO resumes debt collection
It’s back to business for the Australian Tax Office (ATO) as it resumes debt collection in NSW, the ACT and Victoria. With COVID-19 causing unprecedented disruption, the Federal Government and the ATO have focused on keeping Australian businesses and individuals afloat for the last two couple of years.. Hence the ATO placed a long pause on collecting tax debt while states coped with lockdowns. With COVID now at a ‘controllable’ level around the country and statewide lockdowns lifted, the ATO began to reclaim a record $55 billion last week.
