Around the Ecommerce world in 5 mins!

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.

How Many Products Does Amazon Actually Carry?

A new report answers the questions, how many products does Amazon actually carry, and in which categories. And it shows the incredible impact third-party merchants have on Amazon’s selection. The report from 360pi shows that Amazon alone carried 12,231,203 total products as of May 2016, excluding Books, Media, Wine, and Services – note that product variants were not included in the analysis.

Apple Makes It Easier to Pay on Its Devices, PayPal Reacts

Shoppers using Apple’s Safari browser on their Macs and mobile devices will be able to use Apple Pay when the newest version of the Apple iOS operating system is officially released this fall. Specifically, the company wrote in its announcement: “Apple Pay can now be used to make easy, secure and private purchases on participating websites using Safari, in addition to paying in-stores and within apps.”

Seeking Answers to Etsy’s VAT Controversy

European governments want to collect taxes on international purchases made by their residents; marketplaces want to comply with government regulations around such taxes; and sellers are left in the middle. In the case of sellers outside the EU, a recent change by Etsy is leaving them confused and uncertain about how to handle pricing and many are deciding whether selling to customers in Europe is worth the aggravation.

Amazon makes amends to a seller and relists her ‘cereal killer’ bowl

Amazon.com Inc. has apologized to a Handmade by Amazon seller and relisted a “cereal killer” ceramic bowl that generated backlash on social media over the weekend. Amazon, No. 1 in the Internet Retailer 2016 Top 500 Guide, tweeted a picture of the bowl with “#Guilty” and a link to the bowl just hours after a gunman killed 49 people inside Pulse nightclub in Orlando early Sunday. Amazon deleted the tweet about an hour after it was sent and after dozens of Twitter users criticized Amazon for its poor timing.

E-commerce growth slows in Latin America

There’s good news and there’s bad news about the Latin American e-commerce market. The bad news is online sales growth in the region is slowing because Brazilian retailers—whose sales account for 58.2% of total web sales in the just-released Internet Retailer 2016 Latin America 500—face macroeconomic challenges. The good news is Brazilian retailers are still finding ways to grow online, and the region as a whole benefits from small markets like Mexico and Argentina, where more consumers are shopping online than ever before.

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