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.

eBay’s US sales increase 3.2% in Q2

The value of goods transacted on eBay Inc.’s U.S. marketplace grew 3.2% to $8.81 billion during the company’s second quarter ended June 30, the online marketplace reported Thursday. That’s up from $8.54 billion during the second quarter a year ago. For the first six months of 2016, U.S. gross merchandise value was $17.64 billion, up 3.4% from $17.06 billion.

Lenovo’s CEO says e-commerce will hit $12 billion within 3 years or he quits

Lenovo Group Ltd.’s Yang Yuanqing asked for patience as he tries to get China’s top PC maker growing once more, but for the first time publicly vowed to step down as chairman and chief executive if he doesn’t deliver on a critical sales goal.

Amazon pushes deeper into PLAs in Q2

While Amazon.com Inc. is still new to Google’s Product Listing Ads, the retail giant is making its presence felt, according to search marketing firm Merkle RKG’s “Merkle Digital Marketing Report Q2 2017.” The retail giant, No. 1 in the Internet Retailer 2017 Top 500, only late last year began testing PLAs, which are Google’s visually-oriented ads that present product images, prices and business names to users searching on Google, and it appears to be rapidly increasing its spend on the ad format.

DHL “sharpens capabilities in China”

In a statement issued yesterday (19 July), Juergen Gerdes, Board Member Post – eCommerce – Parcel at Deutsche Post DHL Group, said:

“Our strategic aspiration is to become the leader in e-commerce-related logistics, with the Asia-Pacific region and especially China playing a crucial role in our strategy. Offering our customers worldwide flexible, innovative and eco-friendly delivery solutions is necessary to consolidate this development. By means of the innovations and green logistics solutions we brought to market, we are set to help Asian retailers grow and exploit the opportunities e-commerce offers.”

Europe’s Fashion Ecommerce Platform Zalando Adds Loyalty Plan to Keep Amazon at Bay

Fashion-focused European ecommerce heavyweight Zalando is launching an Amazon Prime-like paid membership program as it looks to keep ahead of its hard-charging US rival’s share of the region’s digital commerce. Dubbed Zalando Zet, the program offers premium services like faster delivery, same-day pickup of returns, personal fashion advice via telephone or Facebook chat and early access to sales.

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