eShopWorld has recently published its 'Global Ecommerce Market Ranking 2019' report. In this report, multiple countries are compared across various criteria such as logistics, average shopper spending and more. It may not come as a surprise to everyone that the United States, China and the United Kingdom form the top-three of this e-commerce market ranking. Japan and Germany
Revenue Shopify increases by 59%
Shopify: a Canadian company that started out as an e-commerce software company, but has grown to be a well-known e-commerce platform that assists web shops with a variety of services. It also passed the 1 billion dollar revenue mark in 2018. The company’s full revenue growth for 2018 reached 1.073 billion dollars (950 million euros). This revenue mark is a 59% increase in
E-commerce China bigger than the US’s this year
Even though China's economy is not growing as hard as it did a few years ago, online sales are still rising faster than those of the US, according to figures from the Chinese government. The total turnover of online sales will grow to 1.3 trillion dollars in 2018. That is an increase of 23% since 2017. The total retail sector, including sales through physical stores, was
Alibaba: king of the holiday season
Tamebay.com reports that Alibaba, the most powerful, well-known Chinese marketplace platform, is the absolute king of the 2018 holiday sales. Comparing the United States versus Alibaba Holiday sales for 2018, Alibaba’s Single’s Day beat all four American Cyber weekend sales combined. Adobe tracked sales in the United States during Thanksgiving Day, Black Friday ($6.2
Final tweaks in North American trade deal keep lid on e-commerce
Last-minute changes to the new North American trade deal sank USA's hopes of making Canada and Mexico allow higher-value shipments to the countries by online retailers, such as Amazon.com, a top Mexican official said on Friday according to Reuters. The revised pact was set to double the value of goods that could be imported without customs duties or taxes from the United States