Vroom Announces Record Ecommerce Gross Profit Per Unit of $3,629

Vroom Announces Record Ecommerce Gross Profit Per Unit of $3,629

Substantial Progress on Long-Term Roadmap NEW YORK, August 08, 2022 –( BUSINESS WIRE )–Vroom, Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced financial results for the second quarter ended June 30, 2022. HIGHLIGHTS OF SECOND QUARTER 2022 VERSUS FIRST QUARTER 2022 Ecommerce gross profit per unit of $3,629, up […]
Alcohol Beverage Trends Favor 'Better For You,' Ecommerce

Alcohol Beverage Trends Favor ‘Better For You,’ Ecommerce

“Better for you” and ecommerce are two of the top trends in beer, wine and spirits. The better-for-you movement is a reflection of consumers increasingly choosing non-alcohol beverages—including water and energy/sports drinks, according to a mid-year alcohol update from IRI. “Given the innovation that we’ve seen in those segments with dual-flavor options, bolder and more […]
Alcohol Beverage Trends Favor 'Better For You,' Ecommerce

Alcohol Beverage Trends Favor ‘Better For You,’ Ecommerce

“Better for you” and ecommerce are two of the top trends in beer, wine and spirits. The better-for-you movement is a reflection of consumers increasingly choosing non-alcohol beverages—including water and energy/sports drinks, according to a mid-year alcohol update from IRI. “Given the innovation that we’ve seen in those segments with dual-flavor options, bolder and more […]
Vibhu Agarwal enters eCommerce space with the launch of Ullu 99

Vibhu Agarwal enters eCommerce space with the launch of Ullu 99

Vibhu Agarwal, Founder & CEO of Ullu App, Atrangii TV And App who gained popularity for his Hindi GEC Atrangii TV, has now launched an e-commerce platform, ULLU 99. It includes all categories and brands, with an initial line of products like apparel, footwear, accessories, health and hygiene with a ship-and-drop module. Ullu 99 is […]
New study reveals the world’s most popular eCommerce sites

New study reveals the world’s most popular eCommerce sites

A new study by broadband experts at Uswitch has revealed the world’s most popular news and shopping websites. Analysing data from the last three months on the market intelligence platform, SimilarWeb Pro, the research reveals which news and shopping websites receive the most traffic globally, and also which ones are the most visited in different […]
Wayfair Customer Numbers, Deliveries Fall Sharply

Wayfair Customer Numbers, Deliveries Fall Sharply

Home goods eCommerce marketplace Wayfair lost about 25% of its customers in the past year and saw its deliveries drop almost 30% in the second quarter compared to the same time a year earlier, a reflection that people are thinking twice about home-based updates. According to a company earnings release Thursday (Aug. 4), Wayfair’s active […]