Around the Ecommerce world in 5 mins!

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Ecommerce is changing everyday, and sometimes by the minute. So many new ideas and developments everyday, becomes hard to keep track.

We bring to you a curated digest of ecommerce developments/happenings around the world, compiled from various publications across the Internet.

Holiday e-commerce sales slightly exceed expectations

Online sales hit their targets this holiday season, with e-commerce sales increasing by double digits year over year, according to data released today from Adobe Inc. and web measurement firm comScore Inc. U.S. online sales totaled $91.7 billion, up 10.5% from $83.0 billion in 2015 and slightly higher than Adobe Digital Insights’ projection of $91.6 billion for the Nov. 1-Dec. 31 period, Adobe says.

Amazon error prevents buyers completing purchases

Amazon appear to be having problems on both desktop and mobile version of their site. Buyers are unable to complete purchases. It doesn’t matter if you try to do a One-Click purchase, or if you add items to your Amazon basket and then try to proceed to checkout, buying fails and directs you to an error screen which directs you to the Amazon home page and suggests you continue shopping… which is what you were trying to do in the first place.

E-commerce set to grow 15% by 2020

Chinese e-commerce is set to grow by 15 percent by 2020, cementing its position as the biggest e-commerce market worldwide, according to a report issued by Worldpay, a leading payments company with global reach. E-wallets were the most popular payment method in China in 2016 with an overwhelming 56 percent of market share, followed by debit cards and credit cards, both with 11 percent of the payments market, the London-listed Worldpay said on Thursday.

Alibaba strengthens e-commerce logistics business with Maersk partnership

SHIPPING colossus Maersk has signed a deal with Chinese e-commerce company Alibaba to enable customers to reserve space on its vessels online. From December 22 Maersk’s Chinese shipping customers could reserve vessel space for their shipping containers on Alibaba’s OneTouch booking website. Normally shippers do this via freight forwarders, but this new service allows them to do it independently on the Internet. Alibaba has been trying to grow its logistic services industry in recent years taking stakes in courier services and buying warehouses.

The Fake Merchant Scam on Amazon that Ruined Christmas

Customers are growing more disaffected with Amazon, due to the growing number of scammers. Over the Christmas period, a number of purchases were made on Amazon, only for the sellers to fail to fulfil the orders. The disappointment was evident with customers embarrassed by not having gifts for Christmas day.

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