Tag Archives: Online Shopping

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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Online shopping boom keeps hopes high for air freight profits

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(Source: ABS-CBN News | June 6, 2018) An explosion of e-commerce demand is buoying the air freight business, boosting profit at some major airlines despite global trade tensions and underscoring robust consumer confidence. Air freight demand is expected to rise 4 percent this year, the International Air Transport Association (IATA) said at its annual meeting this week in Sydney. Top ...

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Retailers to build consumer trust in e-commerce with improved COD gateway system

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(Source: Business Mirror | May 24, 2018) E-commerce will continue to gain ground in the Philippines as Filipino online shoppers are projected to reach up to 42 million by 2025—all willing to shell out P918 billion for purchases they make on the Web, a recent study conducted by Google and Temasek showed. Such positive outlook for the industry opens more ...

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Retailers call on Supreme Court to overturn ‘antiquated’ online sales tax ruling as Justice hears oral arguments

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(Source: NRF.com | April 17, 2018) With the U.S. Supreme Court holding oral arguments last April 17, on whether online sellers can be required to collect sales tax the same as local stores, the National Retail Federation said the time has come to update the court’s landmark 1992 ruling on the issue. “This case is largely about whether collecting sales ...

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Asian online shoppers least happy–UPS Pulse

Asian online shoppers

(Source: Inside Retail Asia | April 12, 2018) Nearly half of online shoppers in Asia are dissatisfied with the experience, according to the latest UPS Pulse of the Online Shopper study. With negativity from 43 percent of Asian shoppers surveyed, they again emerged the least satisfied of shoppers internationally. The rate of 57 percent satisfaction was actually an improvement on ...

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Globe myBusiness, Lazada partner to boost retail sales via DigiMall

digimall

(Source: Business Mirror | April 11, 2018) Globe myBusiness and Lazada Philippines recently entered into a partnership, showcased by the introduction of the future of retail in the 21st century via the DigiMall. The DigiMall, a reimagination of the marketplace using a “digital” shopping mall, will display local quality products from Lazada merchants through an interactive set-up. The partnership aims ...

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