MercadoLibre, the Latin American eCommerce company, is seeing record revenues even while the economy slows all over the world, including in that region, Bloomberg reported Wednesday (Aug. 3).
MercadoLibre's net sales were 53% up in the quarter compared to the same time last year, with revenue hitting $2.6 billion during those three months, above the $2.5 billion estimate of analysts.
UK High Streets See Renaissance Despite eCommerce | PYMNTS.com
Besides confirming the findings in PYMNTS' recent "Global Digital Shopping Index" when it comes to differing payment methods used across Europe, a recent report by Tribe Payments has highlighted differences between the way European retailers perceive the future prospects of in-store shopping ...
Charts: Ecommerce in U.S. Grocery Industry - Practical Ecommerce
McKinsey’s research includes surveys of U.S. grocery CEOs, operations executives, and consumers.
Those surveys confirmed that grocery shoppers would continue to view ecommerce favorably. However, many grocers don’t believe they have the necessary capabilities to manage this channel. The report also highlights the actions organizations must take to win in ecommerce.
Meeting Challenges Of South Korean eCommerce | PYMNTS.com
South Korea has always been on the cutting edge of technology, giving rise to firms that have become household names such as Hyundai, LG and Samsung.
South Korea saw the same surge in eCommerce popularity as the rest of the world when brick-and-mortar shopping ceased. Foreign investors and merchants hoping to pounce on the South Korean market opportunity, however, face stiff regulatory and institutional challenges.
Ecommerce Product Releases: August 2, 2022 - Practical Ecommerce
Egyptian eCommerce Firm Homzmart Raises $23M | PYMNTS.com
Homzmart is a home- and furniture-focused online retailer that delivers in Egypt and Saudi Arabia. The company only entered the Saudi market this year.
The startup will use the new funding to expand its services, increase its logistics capabilities, and fill existing gaps in supply chains.
air up® Selects Radial’s eCommerce Solution in U.S. Launch | Business Wire
Since launching in Germany in 2019, air up® has focused on reimagining how consumers hydrate by developing a refillable bottle that turns plain tap water into flavored water through scent alone.
"We are excited to bring air up® into our eCommerce solution and provide them with a fulfillment network and OMS solution as they expand their footprint in the U.S.," said Laura Ritchey, Chief Operating Officer, Radial.
eBay Drive Disability Awareness Agenda in eCommerce As Purple Tuesday Global Partner
eBay has been announced as the Global Headline Partner for Purple Tuesday, a social movement and change program initiative working to improve the customer experience for disabled people and their families 365 days a year.
Purple Tuesday, founded and coordinated by renowned disability organization, Purple, will work in partnership with eBay, for the third year running, to help drive equality for disabled people in eCommerce.
Does the future of Offline Retail lie beyond Ecommerce and QCommerce?
The growth of physical retail, i.e offline retail market, has never seen the pressure that it has over the last five years.The recent pandemic followed by lockdowns further escalated the challenge with most consumers preferring online retail over heading to stores due to the fear of catching the ...
True Cost of Fraud™ Study: Retail and Ecommerce | MarTech Cube
Retailers and Ecommerce Merchants Align with Evolving Consumer Purchasing Preferences by Increasing Acceptance of Mobile Wallet, Buy Now Pay Later and Social Media Payments
LexisNexis ® Risk Solutions unveiled the results of its 13th annual True Cost of Fraud ™ Study: Retail and Ecommerce, which examines current transactional fraud trends in the U.S. and Canadian ecommerce and retail markets.
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