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February 2020

Peak season: 20% of annual sales achieved in only eight weeks
In many markets, Black Friday is now bigger than Christmas, shows data from a GfK POS study. The combination of Black Friday, Christmas and post-Christmas account for one-fifth of all...
February 19, 2020
European Union Opens Trade Door to Vietnam but closes it to Cambodia
The European Union agreed to open its markets wider to Vietnam, reports Reuters. At the same time, Cambodia sees its trade doors more closed. This is a reward for the...
February 18, 2020
Amazon quits collaboration delivery service providers
Amazon ends relationships with a number of small delivery contractors across the United States. This forces these companies to lay off hundreds of workers. Logistics partner Bear Down Logistics cuts...
February 18, 2020
White Label World Expo - 6th & 7th May - Messe Frankfurt, Germany
Transforming Frankfurt's Messe into the ultimate marketplace for savvy online sellers from across the globe, on the 6th & 7th May, the White Label World Expo comes to Europe to...
February 17, 2020
Thailand: expanding the cross-border payment system via QR codes
In a bid to bridge the gat between neighbouring countries, Thailand decided to leverage QR code technology to empower cross-border payment capabilities. QR - Quick Response - code technology is...
February 17, 2020
Muloot acquires Pivot in major boon to marketplace traders
Muloot, an e-commerce business growth agency, announced it has acquired Pivot International, an outsource marketplace services organisation, to enhance its multi-layered global expansion services for marketplaces and marketplace merchants. The...
February 14, 2020
Alibaba Group Announces Q4-2019 Results
Chinese e-commerce giant Alibaba Group announced its financial results for the quarter ended December 31st, 2019. The company experienced robust growth across its business in the past quarter. Daniel Zhang,...
February 14, 2020
Rwandan startup launches e-commerce marketplace platform: Iduka Online
Panatech, an online startup from Rwanda, launched a new online marketplace. The e-commerce marketplace is called Iduka Online and allows users to buy and sell goods in various categories. Amongst...
February 12, 2020
Sweden: online grocery market grows 21.9%
The Swedish grocery trade market showed growth over the full year 2019. This can be concluded from the monthly published Swedish Grocery Index. Compared to a year before, all months...
February 12, 2020
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