Cross-border eCommerce — internet purchases from merchants in other countries — is gaining in popularity in China. A quarter of the Chinese population will be shopping either directly on foreign-based websites or through third parties, like Alibaba’s Tmall Global and JD.com’s JD Worldwide, by 2020,...
Google Flights, in general, is programmed to make it easier for customers to book the lowest possible airfares — but as of today, it is upping the level of its game. Consumers will be able to see when prices are expected to bounce up for certain...
There are many things one might think about when hearing the word “eBay” — auctions, collectables, the best place to find Happy Meal toys cataloged over the last 30 or so years — at this particular juncture, high-end furniture is probably not appearing on all that many...
The latest retail sales statistics from the United States Commerce Department show that eCommerce is still growing, albeit at a slower pace than has been seen recently. Overall, retail sales defined as “non-store” (read: online) were up 10.6 percent last month.The total dollar value came...
Alibaba is warning China’s retailers that it plans to revolutionize the nation’s retail sector. According to Internet Retailer, in a letter to shareholders sent on October 13, CEO Daniel Zhang outlined plans to make product manufacturing, distribution and service more efficient by “upgrading” traditional systems...
MercadoLibre, a Latin American eCommerce technology company, announced on Thursday (Oct. 13) that it is commencing an underwritten public offering of shares of its common stock offered by its existing stockholders, eBay and eBay’s subsidiary, eBay International Treasury Center. MercadoLibre will not receive any proceeds from the...
Recurly announces new gift subscriptions and a choice between gift cards and gift plans. Over 40 percent of consumers prefer to receive gift cards, which makes them a powerful promotional tool for businesses to attract new subscribers.
Walmart is not giving up the race against Amazon just yet. A prominent Wall Street firm has laid out a plan for the number two ecommerce competitor, which leverages Walmart’s strong position in the grocery sector, its recent acquisition of Jet.com and its pharmacy, health...
ChannelAdvisor announced same-store sales for a handful of online retailers, including Amazon and eBay. In a report on Friday (Oct. 7), ChannelAdvisor said September same-store sales for eBay came in at 4 percent, a decrease from 5.9 percent in August and below eBay’s growth rate of 15 percent....
