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.
DHL eCommerce, a division of the logistics company, Deutsche Post DHL Group, is capitalising on the booming Thai e-commerce market expected to more than triple in size to 3.6 billion euro between now and 2020 by enhancing its nationwide coverage with next day delivery in remote areas and extending pick-up service to small e-commerce merchants to meet its growing customer demands.
Amazon.com Inc. is taking a bigger share of e-commerce each year by ramping up its marketplace and expanding the number of products it sells directly. Some estimates say Amazon accounted for more than 50% of e-commerce growth in 2016—and the e-retail giant is on pace to account for much more this year, according to David Spitz, CEO of ChannelAdvisor Corp., which manages client retailers’ and brands’ sales on online marketplace such as those operated by Amazon, eBay Inc., Wal-Mart Stores Inc. and others.
This week eBay announced some fee changes and quite minor amendments to the offerings on their European properties. Find out more here. But in the US eBay.com has made some more comprehensive changes and made a formal Seller Release (periodic packages of changes). We expect a Seller Release in the UK sometime soon. Watch this space.
Forget drones. The new trend in inner city delivery vehicles is returning to pedal power. DHL is experimenting with bicycles to enable inner city deliveries in Utrecht and Frankfurt and also claim some green credentials. They’re billed as cargo bikes and can carry payloads of up to 125kg. They’re loaded up by vans, served by a ‘City Hub’ and then the final mile delivery is made by electric powered bikes.
Despite some forecasts projecting a slowdown in ecommerce in China, a new report from Goldman Sachs sees the world’s largest online market continuing to boom over the next four years. The report pegged Chinese ecommerce sales at $750 billion in 2016 sales, coming from 460 million online shoppers, and projects a CAGR of 23% through 2020 – nearly triple the rate of offline sales. Goldman Sachs increased its previous forecast for Chinese ecommerce sales in 2020 by 15% to $1.7 trillion, and upped its projection of online penetration that year from 22% to 25%, from 16% currently.