E-commerce 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 e-commerce developments/happenings around the world, compiled from various publications across the Internet.
US consumers have not turned out in force for the final shopping days before Christmas, suggesting that traditional retailers will just meet industry sales forecasts in a season marked by deep discounts and growing encroachment from online rivals led by Amazon.com Inc.
Fifteen years ago, in the dot-com boom, instant-courier services promised much. But now, with smartphones increasingly in every pocket, it seems GPS delivers.
A raft of huge deals and offerings including the record-breaking $168 billion debut of Chinese e-commerce giant Alibaba in September pushed fees for investment banking services up 7% to a seven-year high, according to Thomson Reuters figures.
Millions of shoppers are set to snap up bargains in a Boxing Day sales frenzy – with more than ever turning to the web to take advantage of rock-bottom prices a day earlier than normal.
Facing a slump in the mail it had been delivering since the days of America’s Revolutionary War, in 2012 the US Postal Service began aggressively targeting e-commerce and lapsed customers as the way to salvage its declining business.