Tag Archives: Online Shopping

How to Build a Digital-Native Brand

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(Source: Forbes.com | September 14, 2018) Technology was at the center of some of the biggest consumer product launches over the past couple of years. Kylie Jenner unveiled her cosmetics brand using social media and sold $420 million in 18 months — and it’s estimated that her company will be worth over a billion dollars by 2022. Rihanna launched a ...

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Asian shoppers dissatisfied with online shopping experience — UPS global survey

online-shopping

(Source: Business World | September 13, 2018) Customers in Asia are less satisfied with online shopping compared to those in other regions, a study organized by logistics company United Parcel Service (UPS) shows. “UPS Pulse of the Online Shopper,” which surveyed more than 18,000 online shoppers around the world (3,200 of which are from China, Hong Kong and Japan), took ...

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India’s e-commerce market to surpass USD 100 bn by 2022: Report

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(Source: Economic Times India | September 7, 2018) India’s e-commerce market is set to grow three times to surpass USD 100 billion by 2022 and may trigger over a million jobs in the coming years, a report said. According to the report by industry body Nasscom and PwC India, the e-commerce market is worth about USD 35 billion at present. ...

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Alibaba: 325,000 orders per second highlights e-commerce shift

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(Source: ABS-CBN News | September 4, 2018) Following a record 325,000 orders processed per second in a single day, an official of Chinese e-commerce behemoth Alibaba said Tuesday business had indeed shifted to digital. The milestone was reached during Alibaba’s Nov. 11, 2017 sale, where the platform also saw 256,000 payments processed per second and 168.2 billion yuan in sales, ...

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Southeast Asia’s Biggest “Mall” is in Your Hands

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(Source: Entrepreneur.com.ph | September 2, 2018) With over 20,000 sellers and tens of millions of products available, Lazada is already the country’s biggest e-commerce platform, but the company is continuing its push into even greater heights. On Friday, August 31, Lazada launched what it called “Southeast Asia’s largest shopping mall.” LazMall is an in-app and in-site channel that features products ...

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US Supreme Court Enables States to Collect Taxes on Online Sales

Photo from: www.supremecourt.gov

(Source: Fung Global Retail Tech | June 25, 2018) On Thursday, June 21, the US Supreme Court ruled that American states have the right to collect taxes on e-commerce sales regardless of whether the online retailer selling in their territory has a physical presence in the state or not. The ruling, known as South Dakota vs. Wayfair, Inc., reversed a ...

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Filipinos’ online spending to go up to P122B this year

Asian family using laptop to perform online shopping

(Source: Business World | June 28, 2018) Most Filipinos expect to increase their online spending this year, a study by PayPal Holdings, Inc. and Ipsos said. Results of the PayPal Cross-Border Consumer Research 2018 showed the total online spend of Filipino shoppers is predicted to rise by 32% to P121.9 billion this year from about P92.5 billion in 2017. The ...

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US Court rules against e-commerce companies in tax case

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(Source: Inside Retail Asia | June 22, 2018) Local governments in the US are now able to force online retailers to collect sales tax on purchases made in states where they have no physical presence, echoing the Australian government’s move to ‘level the playing field’ through the implementation of GST on low-value imports. In a 5-4 ruling on Thursday, the ...

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Boom time: how Middle East e-commerce is about to heat up

online shop KSA

(Source: Arabian Business | June 16, 2018) While still in its early stages compared to other regions around the world, the region’s e-commerce market is finally beginning to boom – and as a result competition within it is heating up. Last week’s announcement that Noon, the online retailer launched by Emaar founder Mohamed Alabbar, had signed an agreement to buy ...

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Juniper Research predicts jump in digital commerce spend

E-commerce And Online Shopping

(Source: Inside Retail Philippines | June 7, 2018 ) Consumer spend on digital commerce will reach US$14.7 trillion by 2022, up by 60 per cent on last year, according to Juniper Research. Its new report Digital Commerce: Key Trends, Sectors & Forecasts 2018-2022, found that the largest global contributor to payments was currently QR code-based offline purchases for physical goods, ...

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