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The path to 50% penetration. The U.S. increased e-commerce penetration in the last decade from 5% to almost 17%. Almost half of that increase happened in just the last year. While we don’t ...
Nine months into Alibaba’s 2024 fiscal year, the firm has exited $1.7 billion worth of non-core investments, according to Tsai. The development is a divergence from Alibaba’s once-vaunted new ...
9:45 pm PDT • May 27, 2024. India’s Adani Group is in discussions to venture into digital payments and e-commerce, according to a report. Next. Read the latest news on commerce, including e ...
First, e-commerce growth as a percentage of total worldwide sales has not continued to persist as strongly as expected post-pandemic. Statista reports that e-commerce stood at 12.9% of total U.S ...
After a three-year development period between 2016 and 2018, China’s livestreaming e-commerce industry became popular in 2019. Today, it is a well-established ecosystem which in 2020 counted over 8,800 companies and 1.23 million live hosts, known in China as Key Opinion Leaders (KOLs), according to Shanghai-based new retail research firm ...
After recently turning to generative AI to enhance its product reviews, e-commerce giant Amazon today shared how it’s now using AI technology to help customers shop for apparel online. The ...
To survive, aggregators are going to have to look and act more like the brands they compete against, which means having a team that resembles the ones at the leading CPG companies. Second, they ...
Quantifying the slowdown. From a Western-centric perspective, Amazon is the company to monitor to take the pulse of e-commerce. Well, Q3 news isn’t exactly brilliant: Both its operating income ...