The e-commerce industry is steadily growing as spending in digital currency begins to catch up with spending in real money. Online transactions amount to trillions of dollars in the course of a year, which is why companies like Digital River are needed to provide payment and e-commerce services. Based in Minnesota, Digital River is a global e-commerce company boasting 25 years experience in the industry that specializes in online marketing and payments.
Digital River processes tens of billions of dollars annually in online transactions for their clients around the world, which produces an impressive annual company income of nearly 400 million dollars. Joel Ronning originally founded Digital River back in 1994 and turned the company into a huge success before stepping down in 2013. Adam Coyle has since taken up the position of CEO in 2018. His primary objectives as the new CEO for Digital River include expanding on product offerings and spearheading new strategic initiatives.
As most other corporations do when they are on the rise, Digital River has acquired a number of businesses in the e-commerce industry over the years to diversify their services and increase in size. Some notable acquisitions over the years include Simtel, THINK Subscription, eSellerate, Journey Education Marketing, and Freemerchant.com. Today, Digital River has teams working all around the world, including Russia, Germany, the UK, Ireland, China, Taiwan, and the United States.
Two decades in the e-commerce industry has allowed Digital River to perfect their strategies as well as improve on their technology greatly. They have amassed a wide range of monetization tools and an advanced cloud system that is easily accessible for clients to give their online business an edge in the market.
The Digital River corporation holds itself accountable for the success of its clients in the commerce industry, which is why they work with their clients extensively to create a successful business plan. The folks at Digital River pride themselves on developing innovative solutions for their clients, whether its in regards to expansion, monetization, or connecting a client to their first customer. Every client’s needs are unique to their business, and as such, every solution is uniquely crafted by a team of experts.
Digital River has an extensive portfolio of business success, which is backed up by a large network of partners, including some of the biggest brands in the digital industry today. Samsung, Logitech, Adobe, ZeniMax, Microsoft, HTC, Lenovo, Sennheiser, Cisco, T2, and Avast are all companies that have partnered up with Digital River over the past two decades and continue to trust in the company’s services.
Decades of accomplishments in the e-commerce industry has brought a great deal of recognition and awards to Digital River, including Agency of the Year from Finalist Commerce Awards and Content Marketing Innovation Award winner from Impact Awards.