A report by Invesco about how China’s lower-tier cities are stepping up in consumption says that demand for online marketplaces is driven by lower-tier Chinese consumers. This shift allows merchants to take advantage of this rare occurrence. Understanding the consumer The number of consumers that purchase from global marketplaces is increasing due to movement within the
Alibaba plans to up competition with Amazon
The global e-commerce company is allowing retailers from countries other than China to sell goods internationally via its platform. Mother company Alibaba will expand its international services provided by its subsidiary AliExpress to Turkey, Italy, Russia and Spain. By using the business model of their fast-growing subsidiary, Alibaba will be able to challenge the world’s
Amazon to partially shut down in China during this upcoming summer
Amazon is closing its online marketplace in China for the upcoming summer. As of July 18th, Chinese companies are no longer able to sell items through Amazon.cn. Chinese consumers can still purchase imported goods via Amazon. The online giant does not give a reason for the departure, but international media suggests that Amazon was struggling with fierce competition from
3.3% of global online retail made up of counterfeit goods
Around the world, online sales experience an increase in the demand for counterfeit goods, as customers want to pay a lesser price for branded products. According to a report from the OECD (Organisation for Economic Co-operation and Development) and the EUIPO (European Union’s Intellectual Property Office), this rise in demand reached 3.3% of online sales globally. Research
Global E-commerce Market Ranking 2019
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