By Senad Karaahmetovic A Bernstein analyst believes there are pieces of evidence that eCommerce growth has bottomed out in the second quarter of this year. The analyst notes “improving” Y/Y growth rates in recent months, mostly fueled by Amazon’s Prime Day. Although recessions remain present, the recent eCommerce strength is encouraging. “The US eCommerce penetration […]

By Senad Karaahmetovic A Bernstein analyst believes there are pieces of evidence that eCommerce growth has bottomed out in the second quarter of this year. The analyst notes “improving” Y/Y growth rates in recent months, mostly fueled by Amazon’s Prime Day. Although recessions remain present, the recent eCommerce strength is encouraging. “The US eCommerce penetration […]

By Senad Karaahmetovic A Bernstein analyst believes there are pieces of evidence that eCommerce growth has bottomed out in the second quarter of this year. The analyst notes “improving” Y/Y growth rates in recent months, mostly fueled by Amazon’s Prime Day. Although recessions remain present, the recent eCommerce strength is encouraging. “The US eCommerce penetration […]

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LianLian Global, a leading global cross-border payments service provider, and London-based lendtech Uncapped have announced a strategic partnership to provide eCommerce entrepreneurs and online merchants in the US and UK with access to fast and flexible financing to grow their business through the LianLian Global platform. LianLian Global’s partnership with Uncapped will enable US and […]

In welcome news for the local retail sector, consumers spent on average $2.90 more in each online transaction for an average order value of $138, peaking at $149 in June 2022. However, while the average online order value increased, the actual size of shopping carts declined, with units per order shrinking by 13%, according to […]

Representational image Indian retail sector remains a tough nut to crack despite entry of several global and emergence of multiple domestic players. The news of ecommerce platform ShopX filing for bankruptcy is a case in point. This Nandan Nilekani-backed ecommerce enabler company has said in a filing with the Ministry of Corporate Affairs that the […]

Europe eCommerce Region Report 2022 – Conjura | RetailX Research shows a plummeting supply of container ships and soaring Freight costs, pinpointing the UK as the most expensive European shipping destination. DUBLIN, IRELAND, August 23, 2022 / EINPresswire.com / — Post-pandemic slowdown, war in Ukraine and global inflation have heaped significant pressure on the logistics […]

Share on Facebook Tweet on Twitter Europe eCommerce Region Report 2022 – Conjura | RetailX Research shows a plummeting supply of container ships and soaring Freight costs, pinpointing the UK as the most expensive European shipping destination. DUBLIN, IRELAND, August 23, 2022 /EINPresswire.com / — Post-pandemic slowdown, war in Ukraine and global inflation have heaped […]

Operation HOPE and Shopify Team with GoodCarts to Empower One Million Black Businesses in E-Commerce Arena Minneapolis-based GoodCarts is proud to partner with 1 Million Black Businesses (1MBB) , powered by Operation HOPE and Shopify, working to bring a wave of new customers to help build Black-owned online stores. “With 1MBB, together we will boost […]