Chinese e-commerce giant JD.com 's secondary listing and annual shopping event this week brought much-welcome news on multiple fronts for China's tepidly recovering economy.
JD.com's "618" shopping extravaganza culminated on June 18, the same day the company made a successful secondary listing in Hong Kong (9618: HK).
The company, which turns 22 this month and listed on the Nasdaq (ticker: JD) in 2014, raked in 269.2 billion yuan ($38 billion) in sales, in the first big e-commerce festival since the coronavirus pandemic. This year's sales eclipsed 2019's total by more than 33%.
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The Importance of Video Marketing in eCommerce: 27 Stats You Need to Know [Infographic] | Social
Are you looking for ways to increase sales via your eCommerce website? Want to know how video marketing can help improve your online shop?
Brands Learn Lessons in Ecommerce From Alibaba – Adweek
But the success of these initiatives, undertaken by brands such as luxury goods purveyor Michael Kors or direct-to-consumer wool footwear pioneer Allbirds, goes beyond doing business in a pandemic.
Luxury brand Michael Kors brand has worked with Alibaba since July 2019 when it launched its digital flagship store on the ecommerce company's Tmall Luxury Pavillion. It was the first third-party relationship for Michael Kors in China, the company said.
YouTube trials product stores under eCommerce advertisements / Digital Information World
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5 Reasons Your Ecommerce Store Needs a Mobile App Today
According to Pew research, 8 out of 10 Americans are online shoppers, and 51 percent of them use mobile devices for shopping. If you aren’t leveraging mobile traffic, your business is likely missing out vital conversions even as you are reading this.
While a responsive website is an excellent starting point in your m-commerce journey, having a mobile app has distinct advantages over mobile websites. Here is a list of compelling reasons why your ecommerce business needs to go for mobile-app development in addition to having a mobile-responsive website.
How will e-commerce change in India post COVID-19? - The Week
Online shopping has a benefit that you don't have to go out to shop and waste time; everything is delivered at your doorstep. Even small stores are giving home delivery. In the coming time people will prefer buying online rather than from stores.
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The shopping habits and consumer behavior is changing rapidly. To stay competitive, businesses have started to sell what's important presently. Some e-commerce sellers are adding soaps, sanitizer and other hygienic products to meet consumer demands.
Mastercard Research Indicates Sharp Rise in eCommerce, Abandonment of Cash | The
According to the company's SpendingPulse research unit, in findings published in a digest Thursday, there has lately been a dramatic increase in eCommerce, particularly in the U.S. This grew an extremely robust 93% on a year-over-year basis in May.
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Across the Atlantic, in both April and May, eCommerce comprised 33% of all retail sales in the U.K. The U.S. figures weren't published in the digest.
Ecommerce: Myntra onboards 2.5 lakh new customers on day 1 of flagship sale, Retail
The service will be available via the Flipkart app, and initially, deliveries will be done from local warehouses and select shops.
A mountain of apparel stock has been piling up in stores, distribution centers, warehouses and even shipping containers during months of COVID-19 lockdowns. As retailers reopen around the world, they have to work out how to get rid of it.
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