Category: E-commerce

Adobe Analytics forecasts Black Friday e-commerce sales between $8.8 billion and $9.6 billion, though the group says the pull of major shopping days is starting to fall.

Shoppers spent $5.1 billion on Thanksgiving Day, the low end of the expected range of $5.1 billion to $5.4 billion. Still, shoppers spent an average of $3.5 million per minute.

“In the midst of a holiday shopping season characterized by inflation, weaker discounts, and widespread product shortages, it’s noteworthy that U.S. online spending has already racked up over $75 billion to date in November,” said Tayl…….

CHICAGO, Dec. 7, 2021 /PRNewswire/ — Consumers are not only accelerating their use of e-commerce sites and other digital channels during the pandemic, those channels are significantly influencing in-store shopping behavior, as well, according to new survey findings from 1WorldSync®. The leading global product content platform for brands and retailers explores the preferences of U.S. consumers who have shopped online since the beginning of the pandemic (Spring 2020) in The Consumer Product Content Benchmark.

A large majority of online shoppers (87%) adopted e-commerce for items they primarily or exclusively purchased in-sto…….

The Fast Data Loader assists users allowing them to more quickly access the data they require to develop the analytics and insights to better engage customers.

Retailers can gain significant advantages by transitioning from a physical shop to an online business. Corporations can trace every click a consumer makes when searching for items, clicking on suggestions, exploring personalized offers, engaging with product feedback, completing their purchases, or abandoning their digital shopping carts in a digital store. However, an e-commerce firm will only succeed if it has powerful analytical processes as well as the right …….

Thanks in no small part to Amazon (NASDAQ:AMZN), online shopping was a secular growth trend of the 2010s. But the pandemic accelerated e-commerce technology adoption, and has made it a tool for smaller businesses too. Online marketplaces are proliferating here and abroad and expanding the reach of retailers and entrepreneurs, and making more products available for consumers.

However, 2021 wasn’t the kindest year to many of these digital retail platforms. Lapping tough comparisons from economic lockdowns in 2020, many stocks have backtracked and are down big double-digit percentages. Business itself is just fine, though, which …….

Conventionally, setting up a business meant a considerable high investment which covered inventory, a physical location such as a factory, office or store, a full fledged staff and various other aspects that come with brick and mortar retail. With the e-commerce revolution, the way of doing business has completely changed and the opportunity to set up a retail business has become more accessible to those with limited funds to start a business. With Amazon, Flipkart and so many other e-commerce platforms who have robust systems that…….

JD.com plummeted Thursday after Tencent announced it will be giving most of its shares in the Chinese e-commerce giant away to its shareholders.

Tencent said it will declare a one-time dividend in which it will distribute more than 457 million Class A ordinary shares of JD.com to shareholders, with a total value of approximately 127.7 billion Hong Kong dollars (about $16.37 billion).

Tencent has investments in several companies, including other large Chinese internet companies like Meituan and Pinduoduo. While those investments have helped fuel growth, Blue Lotus Capital Advisors’ Shawn Yang said they could also raise con…….

How do you start an e-commerce business in 2022?

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With the global e-commerce market set to hit $5.1 trillion in 2026, it’s no surprise that e-commerce product businesses are one of the fastest growing sectors of the small business population. If you want to start an e-commerce business in 2022, here are 7 steps to help you get started.

Customer Research

Before you do anything else, work out what it is you want to sell, and who you want to sell it too. Customer research is absolutely crucial…….

Leading e-commerce platforms Shopee and Lazada have made it easier for donors to extend help to the victims of Typhoon Odette.

Shopee launches ‘bayanihan’ initiative, commits to match donations

Typhoon Odette is the 15th and strongest typhoon to hit the Philippines this 2021 and has wreaked havoc in major areas in Visayas and Mindanao including Surigao, Cebu, Southern Leyte, Negros Occidental, Bohol, and the Caraga region. To help the th…….

Alibaba targets US$100 billion SEA e-commerce business. Source: AFP

Alibaba has set a target for US$100 billion in GMV for its Southeast Asian e-commerce platform Lazada.Lazada also hopes to serve 300 million customers, roughly double its current count.

Alibaba, one of the world’s largest e-commerce companies, have lately been doing all it takes to navigate a new regulatory environment amid Beijing’s crackdown on the country’s tech sector. It started with a recent biggest reshuffle and now the company is looking at accelerating its overseas expansion, targeting a long-term goal of quintupling gross merchan…….

VIETNAM, December 23 – Online shopping. Cross-border e-commerce is becoming a good solution for export businesses to maintain business operations and develop sustainably.— VNA/VNS Photo Mỹ Phương 

HÀ NỘI — In the context of the COVID-19 pandemic, cross-border e-commerce channel is opening a ‘green stream’ to bring Vietnamese goods to the world, unlocking the potential of a new sales channel in international trade and contributing to development of …….