- “Retailers saw ecommerce sales surge on mobile and desktop during the Cyber 5 weekend, with store pickup and curbside accounting for nearly 18% of all orders
- Kibo’s retail personalization clients saw their ecommerce revenue increase 81% from $473 million year over year compared to $261 million in 2019.”
“The winning features that attracted City Furniture to Kibo’s solution include:
– Flexible, Modular Design: City Furniture could select only the capabilities they needed, which simplifies integration and ongoing use.
– Rich Customization: Kibo allows the furniture company to design much more detailed ecommerce elements, such as cart rules and promotions. than other offerings – creating custom bundled product offerings, discounts, and financing during checkout.
– Custom UI: City Furniture was able to easily develop a UI that was effortless for their team to use on a daily basis, fitting easily with their existing processes.
– Documentation and Support: During the selection process, City Furniture was able to easily test and review Kibo’s product to get a first-hand understanding of its capabilities.”
- “Monetate, a Conshohocken-based company whose software personalizes online shopping for customers, announced Thursday that it is being acquired by Kibo, a Dallas-based rival.
- Kibo, which employs about 265 people, provides cloud-based software for online commerce. In February, it acquired Certona, a recommendation engine that also uses AI to streamline e-commerce sales. Kibo’s client base includes about 600 business-to-business and consumer retailers and brands, according to the company.”
Stephen R. Collins