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.

Use of mobile payments triples across Europe

A recent study reveals European consumers increasingly turn to their smartphones, tablets or wearable devices for the purchase of goods and services. Visa’s 2016 Digital Payments Study polled more than 36,800 online consumers across 19 European countries and found that 54% of consumers now use a mobile device to make payments for a range of activities in-store, in-app and online. That’s a significant increase from the 18% at this time last year.

Amazon Reveals Popular Delivery Items through Prime Now

Prime Now, Amazon’s superfast one- and two-hour delivery service, announced data showing what its customers need in superfast speeds as the busy holiday shopping season only has a few weeks left. Customers using Prime Now last holiday created a spike in orders of board games, top electronics such as Kindle devices and Amazon Echo, and holiday gift wrap through the service in December.

PayPal’s Holiday Cards Are Good for Online Merchants

PayPal is teaming up with renowned designer Jonathan Adler for a first-of-its-kind partnership to enhance its person-to-person (P2P) payment service, so that sending the gift of money for the holidays feels more personal and heartfelt. A recent PayPal study found that money is the number one gift Americans want this holiday season, and 62 percent wish they could ask for cash instead of traditional holiday presents. But, the study also found that the main reason people don’t give money as a gift is because they’re afraid it’s not personal enough (63 percent).

China’s Cross-border E-commerce Scale Up 30% During H1 2016

Over the first half of 2016, China’s cross-border e-commerce businesses achieved explosive growth despite the weak economic trends and it became a new driving force to promote the trade development. The news comes from the latest China Cross-border E-commerce Development Report released during the Global Retail E-commerce China Summit 2016 held in Shanghai.

6.5% of US consumers shopped during Thanksgiving dinner

Consumers had no qualms shoveling in turkey with one hand and shopping with the other on Thanksgiving Day, according to a study from live chat provider LivePerson Inc. The study of 1,000 U.S. consumers conducted after Cyber Monday, or the Monday after Thanksgiving, finds that 6.5% of consumers say they shopped online while at the Thanksgiving table.

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