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.
China remains the world’s largest ecommerce trading market, where transactions through unconventional e-platforms reached 26.1 trillion yuan last year, up 19.8 percent from the previous year, according to a Sina news report citing data from the Ministry of Commerce. The value of China’s ecommerce market accounted for 39.2 percent of the global market as of the end of 2016, making it the largest globally for consecutive years, according to the report.
There are many aspects to eBay fees which make it worth being a business seller. You can only have a Featured or Anchor shop if you are registered as a business, but with VAT to be added to eBay fees later this year as announced in the latest eBay Seller Release, there is a legitimate concern that some businesses could start masquerading as private sellers.
Widely known a German fashion vendor and marketplace, @Zalando is actually present in many European nations, including the UK, and it’s now looking to expand further over the next few months as it increasingly finds itself in stiff competition with the behemoth Amazon.
It looks like Amazon’s attempts to attract Chinese shoppers to items being sold by merchants in the US, Japan and UK are paying off. Apparently, since inception in 2014, Amazon China’s overseas shopping service has seen 17 million items being bought by Chinese shoppers from overseas.
eBay Italy have announced that from now on they will more accurately predict deliveries based on location specified by the seller and the post code of the delivery address specified on the payment confirmation. The change is being made, say eBay Italy, to improve estimated dates of deliveries. eBay will display the address with post code along with the estimated delivery date on the item page.